The pan-European aviation consortium Airbus may soon stop the production of its superjumbo model A380, its sales director John Leahy said on Monday.
According to Leahy, the production line of the A380 hinges on a major order by the Emirates Airline. The aircraft is designed to offer luxury. Launched in 2007, the aircraft is a double-decker that can host bars, duty-free shops, beauty salons, and lounges. Since its launch in 2007 by Singapore Airlines, only 317 of the colossal A380 have been ordered.
There are very few airlines with the customer base and business model to support the production line of A380. Airbus would need an order of six planes a year for a minimum of eight years to continue the production line.
Airbus has for years surpassed its US rival Boeing in orders and deliveries of different aircraft categories.
The biggest customer by far for the model are the Emirates and the company’s President, Sir Tim Clark, told the BBC he is optimistic of a deal for new orders.