Jumbo woes for jet
Big budget, technical problems plague Boeing's 747 revamp
By Julie Johnsson, Tribune Reporter
September 13, 2010
It was supposed to be a cheap and easy way to steal sales from Airbus' hulking A380 double-decker jet.
Boeing Co. would update its decades-old 747 jumbo for the large freighter market, which Airbus was ignoring, with cutting-edge technology borrowed from the 787 Dreamliner: powerful, new fuel-efficient engines.
But five years later, Boeing is struggling to resolve design and technical issues with the 747-8 program that are partially a byproduct of the Dreamliner's production woes. Like the 787, the jumbo jet is late, badly over budget and is almost certainly headed for another costly delay, analysts said.
The string of missed deadlines, supply-chain mishaps and design flaws that have plagued the two aircraft have tarnished Chicago-based Boeing's reputation for top-flight engineering and called into question its decision to rely on suppliers to design and build portions of the jets.
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