Big planes are big business. Innovation and different market needs for paasenger and freight keep this sector of the global economy bouyant.
“Boeing Co. (BA)’s new 747-8 freighter won certification from the U.S. Federal Aviation Administration to enter commercial service, capping a two-year, $2.04 billion delay for the company’s biggest plane ever.
Luxembourg’s Cargolux Airlines International SA will receive the first of the jumbo jets early next month, Boeing said today in a statement. The European Aviation Safety Agency also gave its approval to the new plane, Boeing said.”