Boeing cuts 747 jumbo production again

October 19, 2013 01:32

Boeing today said it would cut production of its 747-8 jumbo aircraft for a second time this year, citing weaker demand for big aircraft. The Chicago-based aerospace giant said 747-8 production rate would be reduced from 1.75 airplanes per month to 1.5 airplanes per month "because of lower market demand for large passenger and freighter airplanes."

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