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Boeing to pull the plug on its 747 jumbo jet: Bloomberg News

Boeing to pull the plug on its 747 jumbo jet: Bloomberg News

2 MIN READ

FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker

(Reuters) – Boeing Co (BA.N) is pulling the plug on its 747 jumbo jet, Bloomberg News reported on Thursday.

The 747 democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets.

The last 747-8 will roll out of a Seattle area factory in about two years, according to the Bloomberg report. (bloom.bg/38n5A8p)

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