Quantcast

Boeing ends iconic jumbo jet production; operation costs remain high

Ryanair scraps three Vienna routes, demands lower taxes and fees
US orders Delta and Aeromexico to dissolve their partnership over fairness concerns in Mexico
Southwest Airlines adds Sonoma County in California expansion - The Points Guy
Routes & Networks Latest: Rolling Daily Updates (W/C Sept. 8, 2025)
Delta Sees Record Premium Seats in '26, Main Cabin Flat or Down
Tycoon unveils £25 billion rival Heathrow expansion plan
Boeing and Airbus ground green plane projects
50 New Routes Launching In September 2025
Proposals for commercial planes to operate with one pilot shelved after critical EU report
Air Travel Fatalities Up 300% in 2024, According to Shocking Global Report
Aviation sector faces steeper losses in FY26; passenger growth slows amid headwinds: ICRA - The Times of India
Boeing Halts Strike Talks Amid $36 Billion Deal & Union Dispute
FAA’s Broader Runway Safety Push Builds on EMAS Legacy
Ryanair CEO says aviation sustainability targets are 'dying a death'
US FAA funds system to prevent accidents involving runaway airplanes
Exclusive: Korean Air makes airline's biggest-ever Boeing jet order amid Trump-Lee summit
Boeing Stock Jumps on Massive Korean Air Order
2025 Air Canada flight attendants strike - Wikipedia
FAA EMAS: Proven Safety Wins Since 1996
Air Canada flight attendants try to build on US gains on unpaid work
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Clear intentions, cloudy path: aviation's ongoing ESG challenge
Turkish Airlines is preparing binding offer for Spain's Air Europa, executive says
Air Canada flight attendants approve strike mandate
US criticizes use of AI to personalize airline ticket prices, would investigate
Ethiopian Airlines' annual revenue rises as it draws more passengers, adds routes
Major strike action to hit 12 Spanish airports that have Ryanair flights
JetBlue, United partnership gets go-ahead from U.S. Transportation Department
United-JetBlue partnership gets US DOT approval
The aviation industry just got exactly what it wanted from Trump's EU deal
Boeing ends iconic jumbo jet production; operation costs remain high
Policy
Webp 747
Boeing 747 | Boeing Website

The Boeing 747, a significant figure in aviation history, continues to be a subject of interest despite the end of its production in 2023. Known as the 'Queen of the Skies,' this aircraft has been an icon since its introduction in the 1970s. While primarily used for freight today, over 40 passenger versions remain operational, mainly as the latest 747-8i variant.

Boeing ceased production due to decreased demand and competition from more efficient twin-engine jets like the Boeing 777 and Airbus A350. The operating costs for a Boeing 747 vary by model. The older 747-400 is less efficient than the newer 747-8 with GEnx engines. According to Tom Farrier, a retired US Air Force command pilot, "the generic operating cost of a 747-400 is $25,000 per flight hour," covering variable expenses such as fuel and crew.

Fuel consumption is substantial for these aircraft, ranging between 10-12 tons per hour. Other significant costs include maintenance and airport handling fees. In terms of seat cost efficiency, the 747-8i surpasses the older model due to higher seating capacity.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Currently, only four airlines operate scheduled passenger flights with Boeing 747s: Air China, Korean Air, Lufthansa, and Rossiya Airlines. Lufthansa holds the largest fleet among them with both variants in service.

For those interested in leasing or chartering a Boeing 747-400, costs start at over $30,000 per hour according to Paramount Business Jets or as low as $25,000 per Mercury Jets estimates. Leasing arrangements can range from $55,000 to $110,000 monthly for longer-term agreements.

Acquiring a new Boeing 747 directly from production is no longer possible; however, secondhand markets offer pre-owned models at significantly lower prices—though their economic viability remains uncertain.

Specialized versions like Air Force One incur much higher operational costs due to unique modifications required for presidential transport duties. These VC-25A planes are significantly more expensive to operate than commercial airline models.

The propulsion system of choice for newer models is GE Aerospace's GEnx engine family which offers improved fuel efficiency compared to earlier engines like CF6 used on older models such as the Boeing 747-400.

Organizations Included in this History
More News

Dnata, a global provider of air and travel services, has entered into a joint venture with Azerbaijan’s Silk Way Group to launch ground handling and cargo operations at Alat International Airport, located in the Alat Free Economic Zone in Baku.

Oct 22, 2025

The Fair Work Commission has ruled that a former employee of dnata Airport Services was unfairly dismissed and awarded $36,468.39 in compensation.

Oct 22, 2025

The Los Angeles International Airport (LAX) has announced the closure of Terminal 5 to allow for a significant redevelopment.

Oct 22, 2025

The SFO Facility recently hosted a Breast Cancer Awareness Day, which was deemed a success by organizers.

Oct 22, 2025

Flying Food Group, Inc. recently held an appreciation event at its SFW facility to honor its employees.

Oct 22, 2025

Flying Food Group has announced that it contributes all of its taxable income annually to the Chicago-based Sue L. Gin Foundation Trust, which supports healthcare, education, legal aid, and immigration rights.

Oct 21, 2025