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Thursday, October 24, 2013

The Sun Sets on a Beautiful Dinosaur

After decades of trailblazing service it looks as if the mighty the Boeing 747  could be nearing the end of the production line.  Boeing cut the 747's production target twice in six months and now only 36 will be produced over the next 24 months. Aviation buffs have know for some time time that some brand-new 747s go into storage as soon as they leave the plant. Only 5 have been sold this year and all of them to one customer, Korean Air.  This is not surprising as customers migrate toward more modern and efficient two engine designs (with less seats to fill).

Four engines were the norm when jet engine technology was not so advanced but today's jet engines are amazingly efficient, reliable and capable so you only need two of them.  A 747 can seat from 380 to 560 people, depending on how an airline wants it set up. A full one is a moneymaker but an under sold flight of a 747 can cost an airline all of its profits from the full ones.  The 747 is simply too big for most markets where there are not enough passengers to justify the jumbo jets.

The 747 once stood alone s a true trail blazer.  It had more seats than any other jet and a 6,000 mile range. The plane was longer than the distance the Wright Brothers traveled on their first flight.
The distinctive bulbous upper deck was a lounge was so distinctive that the plane eventually epitomized the modern age of international jet travel.  It was even the centerpiece of countless movies and was, or is, a true icon of pop culture.   It made International travel affordable to the masses and changed the tourist industry forever.  The type is used as Air Force One as the space shuttle carrier.  It is arguably the world's most recognizable aircraft.  Boeing sold a total of 1,418 747s before a major 2011 redesign as the 747-800.  Despite this, passenger airlines have ordered 31 of the latest version, the 747-8.  This order is a minuscule compared to the 979 orders for Boeing's smaller and more fuel efficient 787 Dreamliner.

As technology and customer demands change, the need for a massive 4 engine jet seems to be waning.  Passengers love frequency and the smaller more fuel efficient planes offer that.  They also offer lower maintenance and operational costs per seat mile while providing the same long range, safety  and reliablity.  The 747's place in history and in the hearts of aviaphiles is secure and we will be seeing the for decades to come but it's days of production may be seeing the sun drifting down toward the horizon.

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