NEW YORK—Boeing Co. said Wednesday it will terminate production of its 747 line of jumbo jets in 2022 as the coronavirus pandemic saps travel demand and fuel-efficient models become a mainstay in the aviation market.
“In light of the current market dynamics and outlook, we’ll complete production of the iconic 747 in 2022,” Boeing said in a press release.
Read more.
You may also like these stories:
India’s Coronavirus Cases Surpass 1.5 Million
China Reports 101 New Coronavirus Infections; Highest Since April 12
Malaysian ex-PM Najib Sentenced to 12 Years in Jail Over 1MDB Scandal