Wednesday 13 July 2016

Airbus A380 Cut May Mark Beginning of End for Superjumbo - Bloomberg

Airbus A380 Cut May Mark Beginning of End for Superjumbo - Bloomberg:

"Airbus Group SE announced a drastic cut in production of its flagship A380 superjumbo, acknowledging that demand has fallen far short of original projections and raising the prospect of the world’s biggest passenger plane being prematurely axed.
The build rate for the double-decker will be slashed by more than half to one plane a month by 2018, Airbus revealed Tuesday. Contrasting the success of the rest of the Airbus line, the company delivered the surprise damper just hours after pulling in several massive orders for its popular A320-type single-aisle jet at the Farnborough Air Show in the U.K."



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