Citing lack of demand, Airbus cancels A380 superjumbo aircraft

Enlarge / An Emirates Airbus A380. (credit: Getty | NurPhoto)
European aircraft manufacturer Airbus announced today that it will halt production on its enormous A380 superjumbo passenger airliner.
The news was delivered by Airbus CEO Tom Enders at the company's headquarters in Toulouse, France. Enders cited a lack of orders as the key reason behind the cancellation of what is currently the world's largest airliner. Airbus expects the cancellation to potentially affect thousands of employees in the UK currently working on A380 production, though the company hopes to reassign as many of those employees as possible to other roles.
Efficiency remains king
The writing has been on the wall for the A380 for quite some time, and sales of the enormous jet never really reached the levels Airbus had hoped. The proverbial straw that broke the camel's back, according to The Guardian's report, was an order reduction from Emirates, the A380's largest buyer.
Read 6 remaining paragraphs | Comments