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Airbus is scrapping production of its iconic A380 superjumbo as airlines ditch the biggest commercial jet in history
It comes after Emirates reduced its order of A380s. Airbus said it had "no substantial A380 backlog and hence no basis to sustain production."
The $16 billion Emirates order Airbus needs to save the A380 superjumbo is reportedly in danger of collapse
Emirates agreed to order 20 Airbus A380 airliners along with an option for 16 additional superjumbos in January. Now, the $16 billion deal is reportedly in danger of falling apart according to Bloomberg.
Airbus and Boeing each own roughly 50% of the global airliner market. The rivalry between the US and the European titans started more than 40 years ago when Airbus launched its first plane called the A300.
A Qantas Airbus A380 took a ‘nosedive’ over the Pacific after flying through turbulence caused by another A380
Qantas Flight 94, an Airbus A380, took a 10-second "nosedive" over the Pacific Ocean on Sunday, passengers said, as it flew through the wake turbulence caused by another Qantas Airbus A380 flying 1,000 feet above.
The Airbus A380 has found its fourth European customer in Hi Fly. Other European airlines with the A380 are Air France, Lufthansa, and British Airways.
Emirates Engineering is tasked with ensuring that the world's largest fleet of Airbus A380s and Boeing 777s fly safely.
An Airbus A350-1000...
Emirates has agreed to acquire as many as 36 Airbus A380 superjumbos worth $16 billion.
If all goes according to ...
Emirates was expected to order $15 billion worth of Airbus A380 superjumbos on Sunday. It ordered Boeing's jets instead.