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Boeing 747's survival depends on a lifeline from Russia

Tuesday, December 15, 2015 - 05:50
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The 747's revival hinges on a Russian freight company that promises to buy 18 jets. If that falls through, Boeing may have to end production or limp along until a cargo rebound yields more sales.

Chicago

TIME is running out for Boeing Co's iconic 747 jumbo jetliner, the plane that brought global travel to the masses in the 1970s.

The storied 747 has fallen from favour in the modern airline industry as carriers turn to twin-engine aircraft that can fly farther and use less