Airbus is eyeing the secondhand market as it continues to promote the A380

Airbus has ended its A380 program, giving up the possibility of the investment ever returning profit.Improved fuel efficiency and relaxed flying rules negatively impacted the superjumbo's business case.will stop building its A380 superjumbo in 2021 — but that won't stop the firm continuing to market it as a secondhand option.

Airbus has already helped lease companies find homes for planes returned by operators. In 2018, Hi Fly, a Portuguese aircraft leasing company that also supplies crew, maintenance and insurance became the first operator of a secondhand Airbus A380. "The second will be a lot easier, so we will be driven by market demand. And we will need to have one full year of operation before we decide about the next one, and the third one, and the fourth one," he said to Forbes.and that it would support the plane's existence "for decades to come."British Airways flies its A380s to 10 different locations, including five U.S cities.

The life of the world's largest commercial jet-liner was put on notice after it became clear that it was heavily reliant on just one customer, the Middle East airline Emirates.

Maybe the scrap aluminum market would pay more for those airframes. 😊

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How did unfettered business become a bipartisan issue? Professor Luigi Zingales explains why Democrats and Republicans are both pro-business parties, at the expense of everyone else.'It's very bad when, as policymakers, we confuse the interests of a businessman with the interest of the market itself,' said the finance professor.
Source: BusinessInsider - 🏆 729. / 51 Read more »