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Airlines are using these 5 planes to replace the Boeing 747 jumbo jet

Posted On: Aug 18, 2018   |   Posted By: Business Insider

Airlines are using these 5 planes to replace the Boeing 747 jumbo jet

The Boeing 747 jumbo jet's days as a passenger plane are numbered. In fact, Boeing admits that the future of the 747 is as a cargo plane.
Over the past few years, many 747 operates have either retired or made plans to retire their jumbo jet fleets.
Airlines have elected to go with smaller aircrafts from Airbus and Boeing.
The jumbo jet's days as a passenger plane are numbered. The Boeing 747, once the go-to passenger jet for airlines around the world, is destined to live out its days as a cargo jet.
"The future of the 747 is in the cargo business," Boeing vice president of marketing Randy Tinseth told Business Insider at the 2018 Farnborough International Airshow.
According to Boeing, of 42,730 passenger jets customers are expected to order over the 20 years, only 60 will be aircraft similar in size to the jumbo jet. That works out to three Boeing 747-8s or Airbus A380s a year.
And even then, they are mostly expected to be VIP transports, Tinseth said.
Through July, Boeing has just 22 unfilled orders for...

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