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Boeing Has Likely Built Its Last Commercial 747

July 14, 2017
3 min read
747-8i
Boeing Has Likely Built Its Last Commercial 747
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Since 1970, the Boeing 747 has reigned as "Queen of the Skies," turning heads and inspiring generations of pilots and travelers. But its days are numbered, as its order backlog for the passenger-carrying version is now zero.

The final passenger airframe of the current generation 747-8i is currently undergoing test flights for the Korean Air. The Seoul-based carrier is one of only three passenger airlines to take delivery of the most recent version of the 747Lufthansa and Air China are the other members of this small group.

Although three 747-8i build slots remain on the order books, those are for bankrupt Russian airline Transaero, which ceased operations in 2015. Boeing spokesperson Tom Kim told me, "As we’ve repeatedly said before, going forward, sales of the 747-8 will be closely tied to the cargo market. Our work continues to secure additional 747-8 Freighter orders." Indeed, the 747-8 Freighter has been a better seller than the passenger version but its order backlog isn't very long, either. Last fall, UPS ordered 14 747-8Fs with options for 14 more.

To date, 1,540 747s have been built. The majority of those were for commercial airlines, starting with Pan American Airways (PanAm). But 747s have also served many other roles, including cargo plane, Space Shuttle Carrier, aerial firefighting, and of course transporting the US President. It's possible that the last 747s to roll off the assembly line will be modified for the "Air Force One" role.

Boeing 777-9X. Image courtesy of Boeing.

Airbus beat Boeing to market with a larger jumbo jet, the A380, which holds more passengers than the 747-400. It wasn't long before Boeing stretched the -400, though, giving it new wings and engines and calling it the 747-8i. However, Boeing's newer, more efficient aircraft such as the upcoming 777X and even the smaller 787 have hastened the death of the 747 product line. The 777 line is comprised of twin-engined jets versus the quad-engined 747 line. Having only two engines results in better fuel economy and lower maintenance costs, thus boosting airline profits. The 777X has received 326 orders through June of this year — 150 of which are from Emirates. Other orders have come from ANA, Cathay Pacific, Etihad, Lufthansa, and Qatar Airways.

If you want to fly on a US-based 747, time is running short. Delta and United will both be retiring their final 747s before the end of the year. However, carriers with 747-8is in their fleets will likely keep them flying for at least 15 more years.

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  • Annual Fee

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  • Recommended Credit

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Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

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  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.