Boeing (BA +1.2%) is halting production on its 747-8 line in order to address a backlog of...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA +1.2%) is halting production on its 747-8 line in order to address a backlog of thousands of unfinished jobs choking the process. The planes will remain in place while mechanics catch up, but Boeing says it won't affect the updated jet's first delivery to Cargolux, set for this summer.