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Delay in Delivery of First 747-8 Freighter by Boeing

Friday, October 1st, 2010

Boeing said it may be possible that there would be delay in the delivery of 747-8 Freighter by Boeing. This production will be the Boeing biggest commercial jet which is going to be prepared in the mid of 2011 from the fourth quarter of current year his development is being done. The latest 747-8 Freighter delay, which many experts had expected is the third delay announced by Boeing in his whole carrier. The second largest commercial manufacturer after EADS unit airbus.

The delay of 747 is not going to give any type of financial hurdle to Boeing’s 2010 financial results. But the announcement made in the mid of august that it would push back the first delivery of its long delayed 787 dream liner until the first quarter of 2011. The delay combined with disruptions to Boeing 747-8 schedule has inherited criticism from their customers.

Boeing took a heavy charge in the third quarter of 2009 because of high production costs and tough market conditions. The plane flew the first time in the month of February since then Boeing has discovered issues in the manufacture and supply of these world class airplanes. We believe that it will be a good approach to manufacture and supply the Products in a proper manner.

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