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=== End of production === On July 27, 2016, in its quarterly report to the [[Securities and Exchange Commission]], Boeing discussed the potential termination of 747 production due to insufficient demand and market for the aircraft.<ref>{{Cite web |last=The Boeing Company |date=July 27, 2016 |title=Form 10-Q Quarterly report |url=http://pdf.secdatabase.com/1159/0000012927-16-000143.pdf |archive-url=https://ghostarchive.org/archive/20221009/http://pdf.secdatabase.com/1159/0000012927-16-000143.pdf |archive-date=October 9, 2022 |url-status=live |publisher=Securities and Exchange Commission |quote=it is reasonably possible that we could decide to end production of the 747}}</ref> With a firm order backlog of 21 aircraft and a production rate of six per year, program accounting had been reduced to 1,555 aircraft.<ref>{{Cite web |date=August 1, 2016 |title=Boeing's 747 Struggles Indicate Large-Aircraft Market Decline |url=http://aviationweek.com/commercial-aviation/boeing-s-747-struggles-indicate-large-aircraft-market-decline |website=Aviation Week}}</ref> In October 2016, [[UPS Airlines]] ordered 14 -8Fs to add capacity, along with 14 options, which it took in February 2018 to increase the total to 28 -8Fs on order.<ref name="UPS2018Order">{{Cite web |title=Boeing: UPS Orders 14 Additional 747-8 Freighters, Plus Four 767 Freighters |url=http://www.boeing.com/commercial/customers/ups/747-8-767-order.page |access-date=March 10, 2018 |website=boeing.com}}</ref><ref>{{Cite news |date=February 8, 2019 |title=Fifty years on, Boeing's 747 clings to life as cargo carrier |work=Reuters |url=https://www.reuters.com/article/us-boeing-747-anniversary/fifty-years-on-boeings-747-clings-to-life-as-cargo-carrier-idUSKCN1PX17L}}</ref> The backlog then stood at 25 aircraft, though several of these were orders from airlines that no longer intended to take delivery.<ref>{{Cite news |date=October 27, 2016 |title=UPS orders 14 747-8 Freighters |work=Flight Global |url=https://www.flightglobal.com/news/articles/ups-orders-14-747-8-freighters-430814/}}</ref> [[File:N863GT EHAM.jpg|thumb|right|[[Atlas Air]] 747-8F N863GT, the last Boeing 747 to be built and delivered]] On July 2, 2020, it was reported that Boeing planned to end 747 production in 2022 upon delivery of the remaining jets on order to UPS and the Volga-Dnepr Group due to low demand.<ref>{{Cite news |last=Johnsson |first=Julie |date=July 2, 2020 |title=Boeing Quietly Pulls Plug on the 747, Closing Era of Jumbo Jets |work=Bloomberg |url=https://www.bloomberg.com/news/articles/2020-07-02/boeing-quietly-pulls-plug-on-the-747-closing-era-of-jumbo-jets |url-access=subscription}}</ref> On July 29, 2020, Boeing confirmed that the final 747 would be delivered in 2022 as a result of "current market dynamics and outlook" stemming from the [[COVID-19 pandemic]], according to CEO David Calhoun.<ref name="endofline">{{Cite web |last=Hemmerdinger |first=Jon |date=July 29, 2020 |title=Boeing slashes output, delays 777X to 2022 and confirms end for 747 |url=https://www.flightglobal.com/airframers/boeing-slashes-output-delays-777x-to-2022-and-confirms-end-for-747/139534.article |access-date=August 3, 2020 |publisher=Flightglobal}}</ref> The last aircraft, a 747-8F for [[Atlas Air]] registered N863GT, rolled off the production line on December 6, 2022,<ref>{{Cite news |last=Josephs |first=Leslie |date=December 6, 2022 |title=Boeing's last 747 has rolled out of the factory after a more than 50-year production run |work=[[CNBC]] |url= https://www.cnbc.com/2022/12/06/boeing-747-production-is-ending-with-shift-to-twin-engine-jets.html}}</ref> and was delivered on January 31, 2023.<ref name="NYT Jan2023">{{Cite news |last1= Chokshi |first1=Niraj |last2= Menghistab |first2=Meron Tekie |last3= Tamayo |first3=Jovelle |last4= Wasson |first4=Lindsey |date= January 31, 2023 |title=The Last Boeing 747 Leaves the Factory |language=en-US |work= [[The New York Times]] |url= https://www.nytimes.com/2023/01/31/business/last-boeing-747-plane.html |issn=0362-4331}}</ref> Boeing hosted an event at the Everett factory for thousands of workers as well as industry executives to commemorate the delivery.<ref>{{Cite web |date=January 31, 2023 |title=Boeing bids farewell to an icon, delivers last 747 jumbo jet |url= https://apnews.com/article/boeing-delivering-the-last-747-018b4b60e8d8a40aa5bf039c47d81a9a |access-date=February 1, 2023 |publisher=Associated Press}}</ref>
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