Boeing 747 Nears End of the Line as Storied Factory Shuts Down

The Southern California factory that has churned out fuselages for every Boeing Co. 747 jumbo jetliner is being sold for parts, potentially hastening the demise of the iconic aircraft. Triumph Group Inc., the largest supplier to the 747-8 program, is starting to clear out a storied plant with an online auction of manufacturing gear that begins Wednesday afternoon. Barring a surprise sales bonanza of freighters, Triumph’s decision to wind down work on the 747 after years of losses will force… (www.bloomberg.com) Mehr...