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Boeing Predicts End To 747 Line


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Boeing could soon see the last of its iconic four-engine 747, which has been in service since 1970, the company said this week. If orders for the jet don't pick up soon, "It is reasonably possible that we could decide to end production of the 747," the company said, according to Bloomberg News. In a conference call about Boeing's quarterly financial report, CEO Dennis Muilenburg said the company is "aggressively driving productivity and cost reduction to win additional orders" for the 747-8.

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