Airbus to cease production of A380 in 2021

-A Monitor Report01 Mar, 2019 | 687 Views|-+
Toulouse : European plane manufacturer Airbus has taken the "painful" decision to cease deliveries of the A380 in 2021.

The news comes after key partner Emirates cut its order book from 162 to 123 of the superjumbo.

The aircraft has struggled to compete with more efficient, smaller models in recent years.

As newer planes have become more efficient, carriers have tended to offer more 'point to point' services and the expense of 'hub and spoke' models.

Emirates said its decision came in light of developments in aircraft and engine technologies.

The Dubai-based carrier will take delivery of a further 14 A380s before 2021.

"As a result of this decision we have no substantial A380 backlog and hence no basis to sustain production, despite all our sales efforts with other airlines in recent years.

"This leads to the end of A380 deliveries in 2021," said Airbus chief executive Tom Enders.

"The consequences of this decision are largely embedded in our 2018 full year results."

Airbus has delivered 234 of the superjumbos to date, from an order book of 313.

This is less than a quarter of the 1,200 planes Airbus predicted it would sell when it first introduced the double-decker aircraft in the early 2000s.

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