Begin typing your search...

    Lacking clients, Airbus abandons iconic A380 super-jumbo

    European plane maker Airbus said Thursday it will stop making its super-jumbo A380 in 2021 for lack of customers, abandoning the world’s biggest passenger jet and one of the aviation industry’s most ambitious and most troubled endeavours.

    Lacking clients, Airbus abandons iconic A380 super-jumbo
    X

    Chennai

    Barely a decade after the double-deck, 500-plus-seat plane started carrying passengers, Airbus said that key client Emirates is cutting back its orders, and as a result, “we have no substantial A380 backlog and hence no basis to sustain production.”


    The decision could affect up to 3,500 jobs and already cost plane maker 463 million euros (about $523 million) in losses in 2018, Airbus said.


    The company, a European economic powerhouse, is also girding for serious disruption to its cross-continental manufacturing from a likely chaotic British exit from the EU next month. CEO Tom Enders, however, said Thursday that “We are getting signals that make me a little more optimistic that we’ll see a more orderly Brexit.” He wouldn’t elaborate.


    The end of the young yet iconic jet is a boon for rival Boeing and an embarrassing symbolic blow for Airbus. A pall of mourning hung in the atmosphere Thursday at its headquarters in the southern French city of Toulouse — but there was also a hint of relief after years of straining to keep the A380 alive.


    “It’s a painful decision for us,” Enders said. “We’ve invested a lot of effort, a lot of resources, a lot of sweat ... but we need to be realistic.”


    It’s also sad news for Emirates, which has the A380 as the backbone of its fleet, based out of Dubai, the world’s busiest airport for international travel.


    When it started taking on passengers in 2008, the A380 was hailed for its roominess, large windows, high ceilings and quieter engines. Some carriers put in showers, lounges, duty free shops and bars on both decks.


    Airbus had hoped the A380 would squeeze out Boeing’s 747 and revolutionize air travel as more people take to the skies.


    Instead, airlines have been cautious about committing to the costly plane, so huge that airports had to build new runways and modify terminals to accommodate it. The double-decker planes started flying in 2008.


    The A380 had troubles from the start, including tensions between Airbus’ French and German management and protracted production delays and cost overruns. Those prompted a company restructuring that cost thousands of jobs.


    Among early detractors of the A380 was analyst Richard Aboulafia of Washington-based Teal Group, who said its demise “was inevitable.”

    Visit news.dtnext.in to explore our interactive epaper!

    Download the DT Next app for more exciting features!

    Click here for iOS

    Click here for Android

    migrator
    Next Story