Prior to Boeing announcing a further rate cut, AeroAnalysis conducted an analysis and concluded that a commitment from AirBridgeCargo would not save the Boeing 747-8 Program due to the company’s fleet expansion schedule.
AeroAnalysis concluded the following points:
- AirBridgeCargo commitment does not bring any certainty to Boeing.
- Boeing will run out of backlog in the second half of 2017.
- At current rates Boeing needs 9-10 orders annually.
Read more about it here.