Airbus to stop producing A380 jet as orders dry up - News Summed Up

Airbus to stop producing A380 jet as orders dry up


Citing reduced orders from Emirates Airline, a major customer, and an inability to find other buyers, the company said it would halt deliveries of the jumbo jetliner in 2021. “Today’s announcement is painful for us and the A380 communities worldwide,” he added. Airbus spent $25 billion developing the double-decker, four-engine aircraft, which can carry more than 500 passengers while offering amenities like showers and a bar. It was built for a time when crowded airports would demand that planes carry more people to reduce congestion. But flight traffic instead began to go to smaller, more regional airports, a shift that reduced demand for larger aircraft.


Source: Daily Nation February 14, 2019 06:00 UTC



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