Airbus wins All Nippon as customer for A380 superjumbos

Airbus has suffered a dearth of orders for its largest plane, whose list price is $428 million

Airbus wins All Nippon as customer for A380 superjumbos
Bloomberg
Last Updated : Jan 02 2016 | 10:14 PM IST
Airbus Group won an agreement from ANA Holdings, Japan's largest airline, to buy three of its A380 superjumbos, said a person familiar with the plan, giving the European planemaker a welcome vote of confidence for an aircraft that hadn't won a new airline customer in three years.

The parent of All Nippon Airways will take delivery of the planes from 2018, with plans to use them on its Tokyo to Hawaii route, a popular destination for Japanese tourists, another person said. The order will form just a piece of a larger strategic plan, to be unveiled at the end of this month, calling for fleet renewal. The people asked not to be identified because an announcement is planned for later this month.

Airbus has suffered a dearth of orders for its largest plane, whose list price is $428 million and typically seats about 525 passengers, but can carry over 800 depending on the configuration, as many airlines have favoured somewhat smaller twin-aisle planes, including Airbus's A350 and Boeing's 777. While the order is only for three planes, enough to serve one route, success on that route could lead to further orders, one person said.

"I'd expect to see more," said Addison Schonland, an analyst with AirInsight in Baltimore. "Nobody ever bought three A380s; that's enough to try the plane on one route."

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 02 2016 | 9:18 PM IST

Next Story