Future of A380 superjumbo in doubt after Airbus cuts production

The future of the A380 is in doubt after Airbus slashed the rate of production of the superjumbo for the second time in just over a year and signalled it was not optimistic about winning new orders in the short term. The decision to cut the rate to fewer than one a month will be seen by many in the industry as a sign that the programme, which has cost the group heavily in cost overruns and delays, may eventually be wound up. Airlines fear they will not be able to fill the huge aircraft, although passengers have consistently rated it a favourite when travelling. The A380 aircraft has not won a new order in more than 2 years and Airbus said only a year ago it would cut the production rate from 27 in 2015 to just 12 a year in 2018. Thomas Enders, CE of Airbus, said Thursday the rate would now come down further to 8 in 2019. <br/>
Financial Times
https://www.ft.com/content/1708be18-729f-11e7-93ff-99f383b09ff9
7/27/17