Boeing Stock ( NYSE:BA )
With the delivery of the last 747 to Atlas Air ( NASDAQ:AAWW ) on Tuesday afternoon, Boeing said goodbye to the era in which the first-ever “giant jet” commanded the skies. As a result, Boeing stock surged.
Thousands of Boeing ( NYSE:BA ) personnel saw the final delivery of the historic aircraft, including some of the so-called “Incredibles” who designed the jet in the 1960s.
John Travolta visited as a guest of honor at the massive production complex. He spoke about his experience learning to fly the 747-400 while working as an ambassador for Qantas Airlines. Travolta says the jet is the “most well thought out and safest aircraft ever designed.” Still, the training for it is “the hardest curriculum that any commercial pilot will ever have to undertake.”
The 747, dubbed “Queen of the Skies” after its debut by Pan Am in 1970, was the first twin-aisle aircraft and was planned and manufactured by Boeing in 28 months.
Co-author of “Boeing 747: Design and Development Since 1969,” Guy Norris calls the 747 “the aircraft that changed the industry and transformed air travel.”
Earlier on Tuesday, British billionaire Richard Branson, inspired to launch an airline with a single Boeing 747 after being stranded on a delayed journey, dubbed the plane a “beautiful beast” as he said goodbye.
Producing 747s has always taken place in Boeing’s Everett, Washington factory. According to Boeing stock, the factory constr...
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