Slightly less dramatic (”a make or break year”) story here:
http://www.seattletimes.com/business/boeing-trimming-production-rate-of-747-8/
If Boeing has a backlog of 527 orders for the 787..why not shut down the 747 line, and retool it to make the 787?
There’s been some speculation that the last 747s built will be -800 based replacements for the current -200 based VC-25As (Air Force Ones).
Which would be better than Boeing will ever see with their redesigned 747-8.
The 747 has been in use since 1970.
That’s 45 years!
Boeing did a good job of forecasting this 10 years in advance
Everyone predicted the Airbus 380 would be an expensive failure - and its pretty much happening as predicted.