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Why was 747 discontinued?

Why was 747 discontinued?

Boeing has announced that production of the iconic 747 will come to an end in 2022 as dwindling customer demand and low sales for its latest variant became the final nail in the coffin for the aging plane line. The 747 was the first quad-jet engine and dual-level passenger aircraft to roam the skies.

Is Boeing still making 747 freighters?

Last Boeing 747 order placed in January The New York-based global freight business already operates 53 Boeing 747s and will now take the final four Boeing builds. UPS now flies 34 Boeing 747 freighters, with a steady stream of deliveries over the past few years. In 2020, UPS took five new 747 freighters.

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How many 747-8F are there?

The stretched 747 Advanced was launched as the 747-8 on November 14, 2005, for a market forecast of 300 aircraft….

Boeing 747-8
Primary users UPS Airlines Lufthansa Korean Air Cathay Pacific Cargo
Produced 2008–present
Number built 148 as of November 2021
Developed from Boeing 747-400

How much does it cost to own a 747?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 747-400 has total variable costs of $7,812,774.00, total fixed costs of $416,150.00, and an annual budget of $8,228,924.00. This breaks down to $18,286.50 per hour.

How many Boeing 747-8s did ups order?

UPS Orders 14 Additional 747-8 Freighters, Plus Four 767 Freighters. UPS has exercised options to order 14 additional Boeing 747-8 Freighters, providing additional capacity in support of accelerating demand for U.S. and international air services. The aircraft build on the company’s 2016 order of 14 Boeing 747-8Fs.

How many Boeing 747-8Fs are left to deliver?

According to Boeing, discounting this latest delivery to UPS, there are 14 747-8Fs left to be delivered. This includes 11 to UPS Airlines and another three to Volga-Dnepr. Boeing has completed the delivery of all passenger Boeing 747-8Is to airlines like Lufthansa and Korean Air.

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Is the era of the Boeing 747-8 aircraft over?

But the era of the massive four-engine aircraft seems to be over. As reports are surfacing that Boeing will most likely end production of the legendary plane in lack of sufficient orders, let’s take a look at what happened to the much-upgraded 747-8, and why it was not the commercial success for which Boeing had calculated.

Who are Boeing’s largest 747-8F customers?

UPS is the largest 747-8F customer for Boeing, with 28 orders in total. The -8 has a cargo capacity of 140 tonnes, or approximately 30,000 packages and a range of 4,200 nautical miles. The aircraft with registration N622UP is UPS’s 17th 747-8F, with three more deliveries expected this year to help with peak season.