Boeing Drops Iconic 747 in New Forecast for Passenger Planes

  • Planemaker drops jumbo jets from its 20-year market forecast
  • Strategy contrasts with Airbus’s view on airlines’ fleet needs

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Boeing Co. sees the future, and it doesn’t include jumbo passenger jets. Not its own iconic 747. Not the Airbus SE A380.

The U.S. planemaker has dropped the category reserved for four-engine behemoths from its annual forecast for the commercial-aircraft market. Instead, Boeing predicts that airlines will use more efficient twin-engine jets for long-range flights -- like its 787 Dreamliner and 777X, or a mid-market plane that’s on the drawing board.