Airbus cuts A380 production plans in 2017
Airbus Group for the second time this year is cutting production plans for its flagship A380 superjumbo and now faces the prospect of losing money on the plane again already next year. The move comes at a time both Airbus and Boeing face the prospect the era of the big, 4-engine long-haul plane is ending. Airbus has struggled to win orders for the A380 and Boeing has had to cut production plans for its 747-8 jumbo jet owing to slack demand. Airbus in July had to concede the outlook for the A380 was darkening when it cut production plans to just 12 A380s planes a year starting in 2018, down from the 27 it built last year. It had planned to build around 20 of them next year, reaching break-even on those deliveries. But Airbus Tuesday said it had to cut further. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-12-28/general/airbus-cuts-a380-production-plans-in-2017
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Airbus cuts A380 production plans in 2017
Airbus Group for the second time this year is cutting production plans for its flagship A380 superjumbo and now faces the prospect of losing money on the plane again already next year. The move comes at a time both Airbus and Boeing face the prospect the era of the big, 4-engine long-haul plane is ending. Airbus has struggled to win orders for the A380 and Boeing has had to cut production plans for its 747-8 jumbo jet owing to slack demand. Airbus in July had to concede the outlook for the A380 was darkening when it cut production plans to just 12 A380s planes a year starting in 2018, down from the 27 it built last year. It had planned to build around 20 of them next year, reaching break-even on those deliveries. But Airbus Tuesday said it had to cut further. <br/>
