Airbus says to scrap A380 programme if no new orders

Airbus says to scrap A380 programme if no new orders

While Airbus may have won the new orders race previous year, Boeing manufactured and delivered more aircraft than the French plane maker.

Airbus discussion of the potential cancellation came as the Airbus said net orders for all of the company's aircraft rose 52% to 1,109 in 2017. Passenger traffic is doubling every 15 years, he said, meaning that the original rationale for the model still holds.

Airbus delivered 718 jets in 2017, compared with 763 delivered by Boeing.

Leahy, the Airbus chief operating officer, said on Monday that the A380's best days were ahead.

The airline has been pressing Airbus to commit to the future of the double-decker aircraft by guaranteeing a 10-year production line before it will place another order.

Airbus is facing multiple corruption investigations, notably in Britain, France and Austria.

Bregier also predicted a record order pipeline of more than 7,000 jets would allow Airbus to lift deliveries beyond those of Boeing in 2020. Boeing, however, has questioned whether all of the airplanes sold by its competitor will be delivered due to speculative business.

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"We beat Boeing one last time. we just went for it", Leahy told Reuters.

The battle between Airbus and Boeing is as fierce as ever.

However, Mr Leahy added that he is still hopeful that a deal with Emirates could be worked out.

But in the wide-body, long-haul segment, Airbus lost about half its market share a year ago, with no new orders and two cancellations for the A380 superjumbo, though Boeing also suffered cancellations for its competing 747.

The main customer for the world's largest commercial jet is the Middle Eastern carrier Emirates, who took delivery of their 100 A380 during 2017.

For the moment, he said, the only likely customer for those planes is Emirates. Whether it means we soon conclude an agreement with Emirates?

But the airframer has drawn up plans to cut production to as few as six aircraft per year beyond 2019, and Leahy acknowledges that Emirates is "probably the only [customer]" capable of supporting deliveries at this reduced rate if the low-demand situation persists for several years.

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