The Chart:

Friday, January 22, 2016

747-8 Report cuts post rate to 0.5 per month.

As you can now see, a prescient move on my part; one post per 747-8 manufactured. Boeing's new rate begins in September, and comes with an $885,000,000 pre-tax write off this month. I'll be writing off $0.085 myself, rounded up.

Seriously though, this is really not a harbinger of future success for the 747 program, no matter how you look at it. Six planes a year is starting to look like an exit plan to me. I feel bad typing that, and it's especially frustrating with how cheap jet fuel is now.