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Airbus hit by jet cancellations as A380 shutdown looms

Reuters  |  PARIS 

PARIS (Reuters) - Airbus on Thursday reported the cancellation of orders worth $4 billion, dominated by 8 A380 aircraft, highlighting an increasingly bleak picture for the world's largest airliner as preparations to close production gather pace amid weak demand.Confirming its earlier signals, Australia's Qantas said it would not take any more of the giant planes and would stick at a fleet of 12 instead of 20 originally ordered.The cancellation comes after the A380's largest customer, Emirates, began discussions with Airbus over switching some A380 orders to smaller models after it failed to ...

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First Published: Fri, February 08 2019. 00:38 IST
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