Airbus A380: The Death Watch Begins!

Last week saw an astonishing moment of frankness from the A380’s biggest customer. Tim Clark, President of Emirates, told Bloomberg that not only had discussions on a new re-engined A380neo version of Airbus’s 525-seat jet “kind of lapsed,” but that his “main concern is that they stop producing the plane.”
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A British Airways Airbus A380-800 descends for a landing at Washington Dulles International Airport as seen, Wednesday, June 1, 2016 in Ashburn, Va. (AP Photo/Alex Brandon)
Plummeting output reflects a creaky order book. Emirates still has 65 outstanding orders, on top of the 77 jets it has already taken. In theory, there are another 67 A380 orders on backlog. But many of the remaining jets have little or no chance of being delivered. Qantas’s remaining eight planes have been deferred indefinitely. Ten “undisclosed customer” orders are basically dead. Virgin Atlantic’s ever-deferred order for six is basically dead too. Amedeo, a speculative and poorly conceived leasing venture, will not take any of its 20 orders. Continue reading the story on the Following page…

Source :

Forbes

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