Boeing Quietly Pulls Plug on the 747, Closing Era of Jumbo Jets
- End of 50-year run is said written between lines of financials
- Pandemic deals a final indignity to Boeing, Airbus leviathans
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Boeing Co. hasn’t told employees, but the company is pulling the plug on its hulking 747 jumbo jet, ending a half-century run for the twin-aisle pioneer.
The last 747-8 will roll out of a Seattle-area factory in about two years, a decision that hasn’t been reported but can be teased out from subtle wording changes in financial statements, people familiar with the matter said.