Airbus soon to halt A380 production - News Summed Up

Airbus soon to halt A380 production


FLY TO FINISH An Airbus A380 is seen flying at a neighborhood in Lourdes, France, on May 17, 2021. The world’s largest airline capable of flying over 700 passengers will soon be placed in history books as many airlines have stopped buying the mammoth plane. Emirates no longer wants to take all eight A380s due to the pandemic and is in talks with Airbus, industry sources said. Both Emirates and Airbus said they were in regular dialogue with each other, declining further comment. Each A380 is worth some $200-million post-discounts with virtually all represented by parts before assembly, suggesting an Airbus exposure of around $1.5 billion, market sources said.


Source: Manila Times May 20, 2021 16:07 UTC



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