Bright future: A380s to continue production, says CEO
Remarks came after an official at parent company Airbus Group suggested that the A380 would be wound down by 2018
TOULOUSE:
The head of Airbus said Monday the aircraft manufacturer had no intention to stop making the A380, saying the super jumbo had a “bright future” despite a lack of orders this year.
The idea of stopping production of the A380 is “just crazy”, Fabrice Bregier said as Qatar took delivery of the first of Airbus’s next-generation long-haul A350-900 aircraft.
Bregier admitted, however, “Clearly our challenge is to get more customers”, while insisting that the Airbus order book was “largely filled”.
The remarks came after an official at parent company Airbus Group suggested that the A380 would be wound down by 2018 because of a lack of orders.
The comment caused Airbus shares to nosedive on December 10 and 11, losing nearly 15% of their value.
Published in The Express Tribune, December 23rd, 2014.
The head of Airbus said Monday the aircraft manufacturer had no intention to stop making the A380, saying the super jumbo had a “bright future” despite a lack of orders this year.
The idea of stopping production of the A380 is “just crazy”, Fabrice Bregier said as Qatar took delivery of the first of Airbus’s next-generation long-haul A350-900 aircraft.
Bregier admitted, however, “Clearly our challenge is to get more customers”, while insisting that the Airbus order book was “largely filled”.
The remarks came after an official at parent company Airbus Group suggested that the A380 would be wound down by 2018 because of a lack of orders.
The comment caused Airbus shares to nosedive on December 10 and 11, losing nearly 15% of their value.
Published in The Express Tribune, December 23rd, 2014.