Boeing is set to deliver the last commercial 747 'Jumbo Jet' to Atlas Air this week, closing an era that began 53 years ago with the iconic Pan Am passenger jet. The jet was designed to meet the needs of mass air travel, with its wide body, twin-asiles, and humpback profile.
The plane was assembled at Boeing Everett production line in Washington. Atlas Air is a New York-based cargo, charter, and passenger airline.
The plane has a cult following among some aviation aficionados. One such fan, Iron Maiden frontman Bruce Dickinson, took the band on tour in its own 747 known as "Ed Force One.
While Boeing will no longer produce 747s, jumbo planes are currently experiencing a resurgence. Airlines have started using the larger planes amid delivery delays of newer aircraft.
After a difficult couple of years for Boeing following the crash of two 747 Max planes, the company is now seeing a spike in new orders. The company delivered 480 planes in 2022, compared to 340 in 2021, and accepted 774 new orders last year, compared to 479 the year before.
Gas prices have hit an eight-month high, according to AAA.
A key measure of inflation that the Fed watches closely reached its lowest level in almost two years.
Starbucks' fall menu has reportedly been leaked online.
One of Apple's earliest and rarest products, a pair of sneakers with the early logo, is being auctioned off.
A four-day work week makes employees more happier and efficient, according to a new study.
A new study of Facebook and Instagram has taken a deep dive into how the platforms have shaped peoples' beliefs.
Ford announced it would be slowing its production targets for its electric vehicle line.
Stocks opened higher as the market is on pace to record its third straight winning week.
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation.
Despite more than a year of widespread warnings that a recession was near, America’s economy is, if anything, accelerating.
