Facing weakened demand for big passenger and freight aircraft, Boeing has opted to reduce the 747-8 production rate from 1.75 aircraft per month to 1.5 through 2015. The move comes as the company passes the half way point of its accumulated order backlog for the aircraft, the vast majority of which are for the freighter model. To date, the 747-8 has accumulated 107 orders, 56 of which have been delivered. The sustained slow down in the cargo market is the main reason for the cutback, ...
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