Boeing to pull the plug on its 747 jumbo jet

Boeing Co hasn’t told employees, but the company is pulling the plug on its hulking 747 jumbo jet, ending a half-century run for the twin-aisle pioneer.

The last 747-8 will roll out of a Seattle-area factory in about two years, a decision that hasn’t been reported but can be teased out from subtle wording changes in financial statements, people familiar with the matter said.

It’s a moment that aviation enthusiasts long have dreaded, signaling the end of the doubledecker, four-engine leviathans that shrank the world. Airbus SE is already preparing to build the last A380 jumbo, after the final convoy of fuselage segments rumbled to its Toulouse, France, plant last month. Yet for all their popularity with travelers, the final version of the 747 and Europe’s superjumbo never caught on commercially as airlines turned to twin-engine aircraft for long-range flights. While Boeing’s hump-nosed freighters will live on, the fastdisappearing A380 risks going down as an epic dud.

The grand jetliners also face another indignity: The Covid19 pandemic threatens to leave their manufacturers scrounging to find buyers for the last jumbos built.