Fury at Airbus after it hints the super-jumbo may be mothballed

[American]

Fury at Airbus after it hints the super-jumbo may be mothballed - Business News - Business - The Independent

Airbus plunged deeper into crisis yesterday as customers reacted with fury to its suggestion that it may stop producing the fabled A380 super-jumbo in 2018 because of poor sales.



The prospect of the European plane-maker, which employs thousands of workers in the UK, mothballing the giant passenger airliner sent shockwaves through the aviation industry yesterday and triggered a major fall in the company’s share price.

Chief financial officer Harald Wilhelm started the speculation frenzy when reports emerged that he had told investors Airbus might have to discontinue the plane unless it can invest in improvements to make it more attractive to customers.

I always had a feeling the company was reaching on this one.

 

[OrphanSlug]

If the demand is not there, why should they be forced to make supply for it?

 

[American]

If the demand is not there, why should they be forced to make supply for it?

Who are you talking to, or what that rhetorical?

 

[OrphanSlug]

Who are you talking to, or what that rhetorical?

Just a general question for the group as I suspect someone out there will not be pleased about the decision even though it appears the A380 does not have the market Airbus thought it would.