Posted By: F4UDash4
No More A380 - 02/14/19 11:18 AM
Airbus Terminating A380 Program in 2021
Quote
Airbus announced Feb. 14 that it is terminating the A380 program.
Emirates announced it will only take 14 more A380s instead of the 53 it had on firm order so far. The order is revised and now includes 40 A330-900s and 30 A350-900s according to a new heads of agreement.
“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 Officer Tom Enders. “The consequences of this decision are largely embedded in our 2018 full year results”.
Emirates announced it will only take 14 more A380s instead of the 53 it had on firm order so far. The order is revised and now includes 40 A330-900s and 30 A350-900s according to a new heads of agreement.
“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 Officer Tom Enders. “The consequences of this decision are largely embedded in our 2018 full year results”.