Airbus may end production of A380 superjumbo

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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.

Commenting on the new prices, John Leahy, chief operating officer of commercial aircraft at Airbus said "the new pricing reflects our continuous investments into aircraft programmes to maximise their value for our customers' satisfaction".

Airbus shares were trading lower, Monday, despite the news that the plane maker had delivered the most planes on record and also pulled in more new orders than its rival Boeing.

The European company received 1,109 net orders against 912 for Boeing - although none of them were for A380s.

"The record-setting performance is a testament to our employees and supplier partners who continue to innovate new ways to design, build and deliver the most fuel-efficient airplanes to customers around the world", said Boeing Commercial Airplanes President & CEO Kevin McAllister.

"If people want to fly, they need to fly in bigger aircraft", Leahy said.

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But he acknowledged that, until that day arrives, Airbus needs a minimum of six to eight orders a year to keep production alive at the A380's final assembly plant near Toulouse, France.

"The market is stronger everywhere such as the stock market".

"But I'm hopeful that we work out a deal with Emirates", he added.

The planemaker has increased the average list prices of its aircraft by 2 percent across the product line, effective from January 1.

Airbus said A320ceo's list price has risen by 2.02% to US$101 million in 2018, from US$99 million previous year, while A320neo's list price has increased by 2.03% to US$110.6 million, from US$108.4 million.

558 single-aisle A320s (including 181 A320neos), 67 A330s, 78 A350 XWBs and 15 A380s. "At the end of 2017 Airbus' overall backlog stood at 7,265 aircraft valued at US$1.059 trillion at list prices".

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