Airbus pulls plug on costly A380 superjumbo | Bangkok Post: news - News Summed Up

Airbus pulls plug on costly A380 superjumbo | Bangkok Post: news


PARIS - European aerospace giant Airbus said Thursday it would end production of the A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs. "Following a review of its operations, and in light of developments in aircraft and engine technologies, Emirates is reducing its A380 orderbook from 162 to 123 aircraft," Airbus said in a statement. "As a consequence and given the lack of order backlog with other airlines, Airbus will cease deliveries of the A380 in 2021." Airbus had been forced to slow A380 production in recent years before warning in January 2018 that the programme could be scrapped if no new orders came in. Pledges to get the A380 programme back on track were unable to avoid further delays, even as a series of safety scares raised questions among potential clients, including long-targeted Chinese airlines.


Source: Bangkok Post February 14, 2019 06:45 UTC



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