Over the past fifty years, the Boeing 747 has slowly become an icon of commercial aviation, one which has become known to travelers as the Queen of the Skies, a symbol of mass transportation and long-haul capabilities. However, over the past 15 years, the era of the four-engine, heavy aircraft has slowly waned as airlines seek more efficient solutions to their travel problems. Rising fuel costs, shifts toward point-to-point and medium-density long-haul travel, and technological improvements in the engineering of widebody twin-engine aircraft have accelerated the retirement of Boeing 747 fleets all across the globe. Modern twin-engine aircraft offer similar or superior range while coming along with dramatically lower fuel burn, significantly reduced overall maintenance costs, and higher operational flexibility, all things which fundamentally transform airline network economics and fleet strategies.
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