A factory close-out sale in California may be the piece that seals the fate of the Boeing 747 after more than 50 years of production. The factory, owned by Triumph Group, has been building the fuselage sections for the planes since 1966. The company has been losing money on the contract for several years.
Loss of Triumph means Boeing will either have to invest in building those parts, as well as aluminum skins and more, or stop making the plane once current orders are filled. With pressure on the company's cash now because of the 737 stoppage, that's not likely unless some really large orders show up.
All 747s now on order are freighter models; the picture above shows one of the reasons they are loved by cargo carriers. The last passenger model went to Korean Airlines in 2017. Boeing has 18 unfilled 747 orders due for delivery over the next three years, most of them to UPS. But lightning could still strike: the 767 line almost closed, only to be saved by large orders from the military, UPS and FedEx.