Left Menu
Development News Edition

UPDATE 2-Airbus to scrap production of A380 superjumbo


UPDATE 2-Airbus to scrap production of A380 superjumbo
Europe's Airbus announced plans to scrap production of the A380 superjumbo on Thursday, abandoning its dream of dominating the skies with a cruiseliner for the 21st century after years of lacklustre sales. The world's largest airliner, with two decks of spacious cabins and room for 544 people in standard layout, was designed to challenge Boeing's legendary 747 but failed to take hold as airlines backed a new generation of smaller, more nimble jets.

Airbus said in a statement that the last A380 would be delivered in 2021. Confirming a shake-up first reported by Reuters, it said Emirates - the largest A380 customer - had decided to reduce its orders for the iconic superjumbo and order a total of 70 of the smaller A350 and A330neo models.

The European company said it would enter talks with unions in coming weeks over the 3,000-3,500 jobs potentially affected. Airbus will produce 17 more of the planes including 14 for Emirates and 3 for Japanese airline ANA.

As part of the restructuring, Emirates placed a new order for 40 A330-900neo jets and 30 A350-900 aircraft, partially restoring a purchase of A350 aircraft which it cancelled in 2014. LEADING BUYER 'DISAPPOINTED'

Emirates, which had built its global brand around the A380 and Boeing 777 and which also has 100 of the Airbus superjumbos in its fleet, said it was disappointed by the closure. "Emirates has been a staunch supporter of the A380 since its very inception," said Emirates Chairman Sheikh Ahmed bin Saeed al-Maktoum.

"While we are disappointed to have to give up our order, and sad that the programme could not be sustained, we accept that this is the reality of the situation," he added. The A380 will remain a pillar of the Emirates fleet well into the 2030s, stated the airline.

Emirates' local rival Etihad of Abu Dhabi also disclosed it was cutting some Airbus and Boeing jet orders, highlighting growing questions over the growth of Gulf airlines. Making its maiden flight in 2005, the A380 was a major step in Airbus's efforts to compete on equal terms with Boeing and challenge what had been a cash cow for its arch-rival.

But sales of the industry's largest four-engined jets have fallen due to improvements in lighter twin-engined alternatives, such as the Boeing 787 and 777 or Airbus's own A350. The prospect of a premature halt to A380 production emerged last month as part of a restructuring of orders first reported by Reuters.

On Wednesday, Reuters reported that Airbus was poised to axe the superjumbo and would likely give an update coinciding with results due on Thursday morning. The decision to scrap production is the last major step by outgoing Airbus Chief Executive Tom Enders. (Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

Future of Food: Technology fostering the road to global food security

Technological innovation can help address most of the pressing issues facing the world today including food security by enhancing productivity, improving financial services, managing resources, addressing environmental concerns, etc....

Conspiracy theories on COVID 19: Legislators, Scientists, and Journalists all joined the Caravan

Conspiracy theories are not new for virus epidemics. There have been conspiracy theories on HIV-AIDS, Polio Vaccines, Ebola Virus, and several other diseases as well. However, what makes the 2019 Novel Coronavirus different from others is ...

Now it’s a war, Uganda deploys army to combat locust swarms

Its for the first time after 1986, the locust swarms have attacked Uganda twice in a season. With the increasing number of countries of Africa under attack by locust swarms, the problem seems to have taken a regional paradigm. Its very diff...

Top 10 Fake News, Myths and Realities on 2019 Novel Coronavirus COVID 19

With nearly 1500 deaths by January 14 and around 65,000 infections in China, the Novel Coronavirus 2019 has become one of the worst health epidemics of the 21st Century. However, 8,573 people have been cured but the rumor mongers are a...

Videos

Latest News

Burkina Faso ambush kills four, including three officers: police

Ouagadougou, Feb 25 AFP - An ambush on a police patrol in northern Burkina Faso on Monday left four people dead, three of them officers, police said. The attack, carried out in the morning by unidentified gunmen, killed a police lieutenant,...

Coronavirus forces fan ban at Italian football games

Rome, Feb 25 AFP Upcoming matches in Italian Serie A and the Europa League will be played behind closed doors to combat the spread of coronavirus, the Italian sports minister announced on Monday evening. Following the demands of the sports ...

Turkish shelling kills 9 regime personnel in NW Syria: monitor

Beirut, Feb 25 AFP Turkish shelling Monday killed nine regime fighters in northwest Syria, where Ankara-backed rebels are fighting off advancing regime forces, a monitor said. Syrian regime forces have since December clawed back parts of th...

Italian games to be played in empty stadiums due to coronavirus: government

Upcoming matches in Italian Serie A and the Europa League will be played behind closed doors to combat the spread of coronavirus, the Italian sports minister announced on Monday evening. We have agreed to the holding of matches behind close...

Give Feedback