Airbus pulls plug on costly A380 superjumbo: statement

af31343b003ae09df41c9d9bbadfd22fd679096d - Airbus pulls plug on costly A380 superjumbo: statement
An Emirates Airbus A380 takes off from Toulouse-Blagnac airport on October 19, 2017

PARIS, France, Feb 14 – 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.

The firm said in a statement it would stop deliveries of the A380 in 2021 after Dubai-based airline Emirates reduced its order of the model by 39 planes.

“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… as a consequence and given the lack of order backlog with other airlines, Airbus will cease deliveries of the A380 in 2021,” the statement said.

Author: worldwidenewscast

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