Boeing To Meet 747-8 Guarantees “In a Year or Two”
Boeing hopes to reach its performance goals for the 747-8 Intercontinental in "a year or two."
The first Lufthansa 747-8I arrives in Frankfurt on May 2.
The first Lufthansa 747-8I arrives in Frankfurt on May 2.

The Boeing 747-8 will achieve its pre-delivery guarantees on fuel burn “in a year or two,” Boeing Commercial Airplanes president and CEO Jim Albaugh told attendees at the company’s May 15 Investors’ Conference in St. Louis. The estimate comes after Lufthansa Airlines—the airline launch customer for the 747-8 Intercontinental—revealed that it might revise its delivery schedule for some of the 20 airplanes it ordered if Boeing does not soon deliver on its promises. So far Lufthansa has taken delivery of one of the airplanes, whose well documented overweight condition has contributed to the fuel-burn performance deficiency.