Boeing said Friday it is reducing its 747-8 production rate from 1.75 aircraft to 1.5 per month through 2015, citing lower market demand for large passenger and freighter aircraft. “This production adjustment better aligns us with near-term demand while stabilizing our production flow, and better positions the program to offer the 747-8’s compelling economics and performance when the market recovers," 747 program VP Eric Lindblad said. The manufacturer said it expects ...

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