Virgin Atlantic

Transportation • Air Transportation & Traffic, Flying
Boeing to end production of the 747 in 2022
Boeing 747-400 Dreamliner
Boeing 747-400 Dreamliner Credit: Brian (Creative Commons Attribution 2.0)

Boeing CEO, Dave Calhoun, has announced Wednesday the company will end production of the 747 in 2022. Boeing will keep producing the aircraft at a rate of one every two months until the programme ends, with the US president’s Air Force One expected to be one of the last deliveries.

According to analysts, the end of the 747 programme has been hastened by the Covid-19 pandemic, which has put Boeing’s customers under even greater pressure and forced them to re-evaluate the usage of planes that rely on hundreds of passengers to be profitable.

Qantas, British Airways, Virgin Atlantic, and Lufthansa already decided for the retirement of their 747 fleets.

Transportation • Air Transportation & Traffic, Flying
Virgin Atlantic to cut over 3,000 jobs and quit Gatwick Airport operations
Virgin Atlatnic A330neo press image
Virgin Atlatnic A330neo press image Credit: Virgin Atlantic/Press Images

The British airline Virgin Atlantic plans to cut over 3,000 jobs – one third of their workforce – as the airline suffers from Covid-19 repercussions. The airline will also cease operations at Gatwick Airport and move all of its operations to London Heathrow. Shai Weiss, chief executive of Virgin Atlantic said in a statement that "now is the time for further action to reduce our costs, preserve cash and to protect as many jobs as possible. It is crucial that we return to profitability in 2021".