Guggenheim Cancels Orders for Two 747-8 Freighters
Jan 12, 2010
SEATTLE - Guggenheim Aviation Partners
, has cancelled its order for two new 747-8 Freighter
That cancellation late last year reduces Boeing’s backlog for the next-generation 747 to 108 aircraft. The leasing company, based in Chicago and New York, still has two 747-8Fs on order from Boeing.
The airborne freight business has declined with the slowdown in the global economy, and the availability of freighters mothballed by other carriers makes leasing a new freighter a riskier proposition.
The 747-8 is the latest version of the 40-year-old jumbo jet. Boeing is stretching the plane’s fuselage, installing improved wings and cockpits and equipping the planes with versions of the same new GEnx-2B engines the Boeing 787 Dreamliner uses.
The first two aircraft of the 747-8 have rolled out of Boeing’s Everett assembly plant. They’re expected to fly for the first time later this month.