Back in the late ’80s, global airlines scrambled to place orders for Boeing’s (BA) 747-400 widebody, then the industry’s most coveted aircraft for its sheer size, high-tech cockpit, and creature comforts. Now, ten-year-old passenger 747-400s are worth a record-low $36 million, about 10 percent less than similarly aged planes last year.
Higher fuel prices and a shift to either smaller 777s or larger Airbus models are leaving little space for the one-time “Queen of the Skies.”
Bombardier Was Prepared to Build an Especially Small Plane for United Airlines
Boeing Has High Hopes for Profits After Delivering Its First 737 Max
Are Single Platform Travel and Expense Tools Always Best for Business Travelers?
WestJet Was Once Canada’s Southwest Clone But It Now Has Larger Global Ambitions
Boeing and JetBlue will Help Fund a Startup’s Electric Airplane