Boeing appears to be focusing all its attention on the rollout of its 787. Originally they planned to present a first version of the 747-8 at this year's Farnborough Air Show. But all those excited to see the 747-8 live will be disappointed. The 747-8 did not make it across the Atlantic. And it doesn't look like it will happen anytime soon.For the fourth time, Boeing had to announce delays with its 747-8 program. Right now it looks like the updated jumbo jet will not be delivered to the first customer until next year. Apparently, Boeing does not have enough capacity to work on too many projects at the same time. The 787 has been a huge success so far while the 747-8 has been, well, more of a disappointment. Only three airlines have ordered the passenger version so far. In addition, Boeing will have to make urgent decisions on what to do with its 737. Will they redesign it, adding more efficient engines, or start developing a brand new single-aisle plane? Airbus is in a similar situation - the European plane maker will need to decide soon on whether it wants to revamp the A320 series or come up with a completely new plane. The competition is set to steal some thunder here - just look at Embraer's E series or Bombardier's C series...
To read more about Boeing's current problems, please read this Bloomberg piece.
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