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Boeing 747 era ending, as United retires fleet of jets

By Julie Johnsson and Michael Sasso, Bloomberg
Published: January 12, 2017, 6:00am

United Airlines plans to fly its last Boeing Co. 747 jumbo jet late this year, retiring its largest airplanes a year ahead of schedule as the iconic aircraft glides into the sunset.

The decision marks the end of an era for U.S. airlines, which have relied on the humpbacked 747 to bring jet travel to a mass consumer market since the plane debuted in 1970. United flew its first jumbo between California and Hawaii that year.

It’s also a reminder of the tough task Boeing faces as it tries to keep its newest 747 model, the 748, aloft amid waning demand for four-engine aircraft. The planemaker has just 28 unfilled orders, after closing 17 sales of the freighter version of the jet last year. Boeing has said it would end production if more orders don’t materialize.

“It’s a bittersweet milestone — this jumbo jet with its unmistakable silhouette once represented the state-of-the-art in air travel,” United President Scott Kirby said in a letter to employees Wednesday.

The Chicago-based carrier flies 20 of the 747-400 passenger model, which Boeing manufactured from 1988 and 2009. Delta Air Lines Inc., the other U.S. operator, is also parking the jumbo jets this year. Cathay Pacific Airways Ltd., ANA Holdings Inc., Singapore Airlines Ltd. and Air France are among carriers that have retired their 747-400 jetliners this decade amid a shift from four-engine aircraft.

Twin-engine wide-bodies like Boeing’s 777 and the Airbus A350 can haul almost as many people over vast distances as aviation’s behemoths, the 747 and Airbus Group SE’s A380 superjumbo.

United’s jumbos burn about 20 percent more fuel per seat than its newest 777s and require special handling from maintenance technicians. Sourcing spare parts is becoming a headache as more airlines retire their jumbo fleets, according to the airline.

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