Boeing 747 production cut after sluggish demand

Global Business

With its first commercial flight in 1970, the Boeing 747 was the world’s original jumbo jet. But the iconic airliner faces as uncertain future as Boeing plans to cut production of the model early next year. As CCTV’s Chris Casquejo reports, its outlook may hinge on taking on more cargo than passengers.


Richard Aboulafia on the lastest changes with Boeing

For more on Boeing and its competition with Airbus, CCTV’s Phillip TK Yin spoke with Richard Aboulafia, Vice President of Analysis Teal Group Corp.