Speaking Thursday to The Associated Press, Lelaie said he was “feeling a bit sad” after Airbus announced the end of the A380 program. The company reported Thursday net profit of 3.1 billion euros over last year, up from 2.4 billion euros in 2017. Revenues were up 8 per cent to 63.7 billion euros, including from its defence business. Airbus announced earlier Thursday that it will stop making the iconic A380 plane and reported a charge of 463 million euros related to that decision. ——6:15 a.m.European aviation giant Airbus says it will stop making its superjumbo A380 in 2021 after struggling to sell the world’s biggest passenger jet.

Source: National Post February 14, 2019 05:38 UTC