Airbus might have to 'shut down' A380 superjumbo production

Airbus delivered record number of planes in 2017

Airbus delivered record number of planes in 2017

Some industry sources have questioned whether Airbus was forced to slash prices in order to bring in the record harvest of more than 800 orders in December, which included the sale of 430 jets via one us investor.

Airbus has confirmed that if a deal to sell dozens of its giant A380 airliners to Emirates eventually falls through it will have to stop making them.

Boeing Co. and Airbus SE both built more jets previous year than ever, but not enough to lessen their backlogs and ease supply-line strain as orders boom.

December's sales breakthrough focused mainly on the bread and butter of the Airbus portfolio - the medium-haul A320 family, which competes with Boeing's best-selling 737. Emirates has urged Airbus to market the aircraft more widely across the world to ensure future production of the jet.

Airbus deliveries in 2017 increased for the 15 year in a row, reaching a new record of 718 aircraft delivered to 85 customers.

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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.

It's no secret that the Airbus A380 has been on life support for some time with Airbus cutting production but Airbus has now admitted that if it doesn't get a new order from Emirates it will have to kill the A380 project.

For the moment, he said, the only likely customer for those planes is Emirates.

"Quite honestly...if we can't work out a deal with Emirates, there is no choice but to shut down the programme", Airbus' outgoing chief salesman John Leahy told reporters via web cast on Monday.

The A380 has been a jumbo disappointment for Airbus. "At the end of 2017 Airbus' overall backlog stood at 7,265 aircraft valued at US$1.059 trillion at list prices". The business said not only was that a new industry record, but it was the sixth consecutive year which Boeing has delivered the most planes over a calendar year. "You are not going to double the number of planes going to Heathrow or Frankfurt. if people want to fly, they will need to fly in bigger aircraft".

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