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Boeing may end production of its iconic 747 aircraft after nearly 50 years

Boeing

For decades it was the largest passenger aircraft in the skies, earning it the affectionate nickname of the Jumbo Jet.
But the Boeing 747 could soon be consigned to history after the aircraft manufacturer said it could end production of the aircraft due to diminishing orders.

The company revealed production of the iconic passenger jet, which has a distinctive hump in the forward part of the aircraft to accommodate the upper deck, has slumped in 2016.

Figures revealed by Boeing showed it had delivered just three 747 in the first six months of 2016 compared to nine of the passenger jets in the same period the previous year.
The company has now cancelled plans to increase production of 747s to one plane per month from 2019 and will be halving its production rate in September.
According to Reuters, Boeing said on Wednesday: ‘If we are unable to obtain sufficient orders and/or market, production and other risks cannot be mitigated, we could record additional losses that may be material, and it is reasonably possible that we could decide to end production of the 747.’
In the first six months of 2016, Boeing produced a total of 375 aircraft, down only slightly from 2015 where it delivered 381. Delivers of its 787 aircraft increased from 64 to 68.

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Farnborough 2024: A Landmark Airshow Concludes with £81.5 Billion in Deals

Farnborough 2024: A Landmark Airshow Concludes with £81.5 Billion in Deals

As the 45th edition of the Farnborough International Airshow (FIA2024) concluded, it proved to be a tremendous success. The event, which ended yesterday, saw £81.5 billion worth of deals signed and 260 firm commercial aircraft orders placed within the first four days. For the UK alone, the deals announced amounted to £13 billion.

The Airbus A321XLR showcased an incredible aerial display at the airshow, becoming a centerpiece attraction. As Airbus’s latest addition to the market, the A321XLR aims to challenge the narrow-body aircraft segment with its extended range and innovative features. Additionally, Embraer impressed attendees with the E195-E2’s aerial display, highlighted by its striking black livery.

The ATR aircraft demonstrated its remarkable takeoff and landing capabilities, further showcasing its versatility. The Chinook helicopter also participated, displaying its impressive performance and ability to handle multi-level tasks, making it invaluable for defense and battlefield operations.

The show ended with an exhilarating final air display. The Starlings Aerobatic Team performed an impressive formation flight, while the Stampe Formation team showcased their vibrant heritage aircraft. The Royal Air Force’s F-35 flyover and the F-15QA’s powerful farewell flight added to the excitement. The British Army’s renowned Red Devils parachuted down, providing a spectacular closing to the event.

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Day 2 Highlights: Airbus, Boeing, and Embraer Orders at Farnborough International Airshow 2024 : Click here

With this year’s orders finalized, the focus on the fifth and final day of FIA2024 shifted to inspiring the next generation of pilots, engineers, manufacturers, and innovators. We eagerly anticipate seeing everyone again at the Farnborough International Airshow 2026.

Airbus Expands Reach with Major Orders

Airbus has secured two significant deals that will expand its presence in the global market. The Abra Group, aiming to enhance its international long-haul operations, signed a Memorandum of Understanding (MoU) for five A350-900 aircraft. Additionally, flynas, Saudi Arabia’s leading low-cost carrier, strengthened its partnership with Airbus by signing an MoU for 75 A320neo family aircraft and 15 A330-900s.

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Virgin Atlantic also made headlines by ordering seven additional A330neo aircraft. This order highlights the airline’s confidence in the A330neo’s performance and passenger comfort, as well as its commitment to sustainability. The advanced technology and fuel efficiency of the A330neo make it an ideal choice for Virgin Atlantic’s transatlantic operations, aligning with their goal of providing an enhanced and eco-friendly travel experience.

Embaer Aircraft

In a notable order, the Netherlands and Austria finalized a joint commitment for nine C-390 Millennium transport planes. Scheduled for delivery starting in late 2027, these aircraft will facilitate improved training and logistics collaboration among NATO partners. The C-390 Millennium continues to be a favored choice for European nations due to its exceptional performance and cost-effectiveness.

In the military aviation sector, Embraer announced a major order from the Paraguayan Air Force (FAP) for six A-29 Super Tucano aircraft. This versatile, multi-mission aircraft will enhance the FAP’s capabilities in armed reconnaissance, close air support, light attack, and advanced training missions.

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Boeing aircraft.

Boeing also had a notable presence on Day 2 of the airshow. Qatar Airways announced an order for 20 additional 777-9 airplanes, reinforcing its commitment to the 777X program. The 777-9, touted as the world’s largest and most fuel-efficient twin-engine jet, is set to play a crucial role in Qatar Airways‘ long-haul fleet expansion, offering increased passenger capacity and improved fuel efficiency.

In a significant move for the leasing sector, Macquarie AirFinance announced its first direct order with Boeing, purchasing 20 737-8 aircraft. This order not only doubles Macquarie AirFinance’s existing 737-8 order book, acquired from ALAFCO Aviation Lease and Finance Co.

De Havilland Aircraft orders

De Havilland Aircraft of Canada Limited also made strides with several announcements. ANA Holdings signed a letter of intent for seven reconditioned DHC Dash 8-400s, which will be reconfigured to integrate seamlessly with ANA Group’s current fleet.

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Additionally, Skyward Express ordered one Dash 8-400, while De Havilland confirmed the sale of two Dash 8-400s to Widerøe and one to the Tanzania Government Flight Agency (TGFA). De Havilland also announced a cargo conversion solution sale to Advantage Air, further expanding its portfolio and market reach.

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