Boeing Company has said that it will be sticking to its current plans in terms of the production of its 747 jumbo jets despite a canceled order and a drought in sales, according to a report from Reuters.
The company has no new orders for a plane in the past 20 months.
The Big News Network reported that Boeing currently has just 25 firm orders of its 747 planes.
That is equivalent to only around two years of production.
Doug Alder, a spokesman for Boeing, told Reuters that the cancelation of the plane orders will have "no impact on production rates."
Boeing says that Nippon Cargo Airlines Ltd., a unit of Nippon Yusen, has canceled their orders of four 747 freighters on September 1, 2015, according to Reuters.
The cancelation left the airplane maker with no new sales this year.
Reuters also mentioned that the slump in sales of very large aircrafts, such as the 747 jumbo jets, has raised questions about Boeing and Airbus Group NV's capabilities to sustain their productions of the double-decker planes.
This makes 2015 a make or break year for both airplane manufacturing companies.
Airbus' A380 has no new sales from commercial airlines since 2014, Reuters reported.
The company, though, has 148 orders in backlog.
The Big News Network stated that Airbus is considering on upgrading the engines of its A380 to stimulate sales.
It is a move that is heavily supported by Emirates, the largest operator of the A380.
Myles Walton, an analyst at Deutsche Bank, told Reuters that if the slump in sales of new planes continues, Boeing could face the prospect of an accounting charge of $1 billion or more on its 747-8 program.
"There's a judgment certainly on the part of the company, its auditors and conversations with customers," he said.
He added that it was uncertain how long Boeing could continue without new orders before it could trigger such an action.
