Boeing Bets on Jumbo Rebound While Some 747-8s in Desert

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Boeing Co. said demand for the 747-8 jumbo jet, its largest and most-expensive model, will recover even as the company stashes some planes in desert storage and slows the production rate.

“We’ve actually got a lot in play,” Ray Conner, chief executive officer for Boeing Commercial Airplanes, said yesterday on the eve of the Paris Air Show, without identifying any possible customers. “One of the focuses we have is obviously to sell more 747s.”