Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Aviation

Airbus poised to axe A380 as Emirates reviews demand

Updated : February 13, 2019 07:07 PM IST

The move to shut production of the A380 superjumbo earlier than expected coincides with a review of purchases of very large aircraft by the plane's biggest customer, Emirates, which has a fleet of 109 superjumbos and 53 left on order.
Due to weaker demand, the Dubai carrier is expected to scale down these purchases and place greater focus on smaller models in a shake-up that could have implications for both Airbus and its US rival Boeing, industry sources said.
Airbus poised to axe A380 as Emirates reviews demand
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV