Airbus to scrap A380 programme if no new orders

In the last month of 2017 Airbus booked 776 aircraft sales net of cancellations including a $50 billion deal for 430 narrow-body aircraft initially announced in November at the Dubai Air Show

Airbus said Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years.

Commenting on the new prices, John Leahy, chief operating officer of commercial aircraft at Airbus said "the new pricing reflects our continuous investments into aircraft programmes to maximise their value for our customers' satisfaction".

Airbus' commercial aircraft deliveries in 2017 increased four per cent to 718 units from 688 units in 2016, marking its record-high in15th consecutive year.

Airbus sold 1,109 planes last year, 52 per cent higher than 2016, outstripping rival Boeing thanks to a raft of end-of-year deals, including a US$50 billion order for 430 A320neos from U.S. private equity firm Indigo Partners. The company announced a bonanza of orders in late December and said Monday that it sold more than 1,000 of the planes in 2017. "It has been doing well about 50:50 with our competitors wide-body sales in the last 10 years", he said, adding that it should maintain good momentum growth.

Both Emirates and Airbus are keen to reach a deal to protect their investment. It has also previously stated that it plans to cut output further, to eight, in 2019.

Sony Open in Hawaii, final round
On Friday night, Blayne Barber's caddie Cory Gilmer was hospitalized after he fell and hit his head on the floor at a restaurant. But what does winning this tournament mean for the rest of the year? Kizzire tapped in from about 2 feet for the victory.

In terms of deliveries, landmarks were the first deliveries of A320neos with Pratt&Whitney and CFM International engines, the fiftieth delivery of an A320 family aeroplane from the Mobile FAL, the hundredth delivery of an A350XWB, and the delivery of the hundredth A380 bought by Emirates Airline.

Mr Bregier said Airbus will speed up production in the coming year, notably of its long-delayed widebody A350, and hopes to out-deliver Boeing by 2020.

Airbus also admitted on Monday that the future of its A380 super jumbo program is highly uncertain.

There have been a total of 317 orders for the A380 since its launch in 2007. Without new orders, it becomes impossible for Airbus and its suppliers, which include Rolls-Royce Holdings Plc, GKN Plc and the General Electric Co.

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