Airbus to halt production of double-decker A380
Plane manufacturer Airbus SE on Thursday announced its decision to stop making A380 double-decker that accommodates 500 to 850 passengers.
"The A380 is not only an outstanding engineering and industrial achievement. Passengers all over the world love to fly on this great aircraft. But keeping in mind that A380s will still roam the skies for many years to come, Airbus will of course continue to fully support the A380 operators."
Production of the jumbo jet will end by 2021 after the A380’s biggest customer Emirates and other remaining buyers receive their last orders. The Gulf carrier will pare down its current A380 order to 14 from 53, Airbus said.
Instead, Emirates will buy 40 wide-body A330-900 and 30 A350-900 aircraft which are more fuel-efficient aircraft.
Airbus also posted its earnings for 2018, reporting a rise of 29 per cent in net profit to 3.05 billion euros on revenues of 63.7 billion euros.
The company said it will deliver between 880 and 890 new commercial planes this year, adding that it was allocating 436 million euros to the A400M military transport programme. (ANI)
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