Virgin Atlantic cancels its Airbus A380s

Virgin Atlantic has canceled the 6 Airbus A380s that it originally ordered in 2001. Virgin Atlantic CE Craig Kreeger confirmed that the much-postponed A380 commitment was canceled “within the last couple of weeks.” Kreeger said the firm order was previously downgraded to options as part of the order negotiations for another type—possibly as part of an earlier A330 deal. “We have cancelled our options on the A380,” Kreeger said. “We just can’t find enough markets that made sense for an aircraft that big and it didn’t make sense to take just one or two because of fleet complexity.” Airbus recently took the decision to more than halve A380 production from 2.5 aircraft per month to just one, as the manufacturer continues to struggle to secure additional sales for its largest aircraft. <br/>
ATW
http://atwonline.com/daily-news/virgin-atlantic-cancels-its-airbus-a380s
3/8/18