DTN News - BOEING NEWS: Few customers For Boeing 747 Despite Upgrade

DTN News - BOEING NEWS: Few customers For Boeing 747 Despite Upgrade

(NSI News Source Info) TORONTO, Canada - June 4, 2014: (CHICAGO) — Boeing’s iconic 747 jumbo jet is gliding deeper into its twilight years, with a new Air Force One fleet offering the strongest sales prospect for a passenger model that no longer fits most airlines’ needs.

 

Even as Boeing talks with Emirates airline about an order for the upgraded 747-8, the carrier played down the chances of a deal because it’s buying 150 Boeing 777X jets. That plane will be bigger and more efficient than the current 777, a twin-engine aircraft so capable that it’s cannibalizing Boeing’s jumbo sales.

Commercial success has proved elusive for the 747-8, the latest update to an almost 50-year-old plane known for its distinctive humpbacked fuselage. While the 747-8 is a lock to win bidding that opens this year to replace the president’s fleet, waning demand for the cargo variant further imperils an assembly line that has slowed to just one or two planes a month.

‘‘Air Force One is it, unless a miracle happens in the airfreight business,’’ said Glen Langdon, president of Langdon Asset Management, a San Francisco firm that has extensive experience selling used 747s and other wide-body freighters.

*Source: DTN News - - This article compiled by K. V. Seth from reliable sources By Julie Johnsson and Andrea Rothman

*Presented & compiled for DTN News ~ Defense-Technology News 

(Read complete story on Defense-Technology News - Click on link undermentioned)

http://defense-technologynews.blogspot.ca/2014/06/dtn-news-boeing-news-few-customers-for.html

DTN News - AIRLINES NEWS: Lufthansa Conducts Inaugural Flight Of World's First Boeing 747-8 Intercontinental Passenger Aircraft From Frankfurt To Washington, D.C.

DTN News - AIRLINES NEWS: Lufthansa Conducts Inaugural Flight Of World's First Boeing 747-8 Intercontinental Passenger Aircraft From Frankfurt To Washington, D.C.

(NSI News Source Info) TORONTO, Canada - June 5, 2012: Recently. , on June 1, 2012 Lufthansa, launch customer for the Boeing (NYSE: BA) 747-8 Intercontinental, initiated commercial service of the new Jumbo jet along the inaugural route of Frankfurt (FRA) to Washington, D.C.'s Dulles International Airport (IAD). Flight LH416 departed Frankfurt at 9:50am and is scheduled to touchdown at Dulles at 12:45pm. In addition to regularly scheduled passengers, guests include Dr. Christoph Franz, Lufthansa's CEO and Chairman of the Executive Board, and Elizabeth Lund, Boeing vice president and general manager, 747 Program, who are joined by a delegation consisting of U.S. and International media, esteemed customers and partners. The return flight, LH419, is scheduled to depart Washington, D.C. this evening at 5:55pm, arriving in Frankfurt at 8:05am the following day.  Lufthansa's newest flagship aircraft will provide service between the two cities initially six days a week (excluding Tuesdays), and will increase capacity on this route by 6.3 percent.  Flights are available for booking on www.lufthansa.com. 

"The Boeing 747-8 Intercontinental is an exceptional aircraft," said Christoph Franz, Chairman and CEO of Deutsche Lufthansa AG. "With its addition to our fleet, Lufthansa has created a product that is not only in line with our company's commitment to innovation, technology and efficiency, but that also offers qualities and features that are sure to maximize our passengers' in-flight experience. Travelers to and from Washington, D.C. are in for a memorable flight and Lufthansa looks forward to expanding our 747-8 Intercontinental service to other U.S. markets in the coming months."

(Read complete strory on Defense-Technology News - Click on link undermentioned)

http://defense-technologynews.blogspot.ca/2012/06/dtn-news-airlines-news-lufthansa.html