Boeing decides to reduce its production of cargo plane

The program of the 747-8 production rate will be halved, announced Boeing.

The bulk carrier 747-8, whose main market is the freight market, declined by commands. According to Boeing demand for airplanes intended for cargo declined by 1.2% year on year while the aircraft for passenger traffic shows an increase of 5.9% for the same period.

The recovery of air cargo transportation market that began in late 2013 has slowed down in recent months and this has slowed the demand for the Boeing 747-8 explains. Also the company will produce only one aircraft every two months from September, while current rates are 1.3 aircraft per month.

source : usa today, wall street journal