Airbus Cuts A380 Production Rate Further As Profit Falls

Credit: Airbus/P. Pigeyre
PARIS—Airbus said it would cut A380 production further, to eight aircraft per year in 2019 because of lackluster orders for the mega-transport as the company announced a decline in half-year profit. Net income fell by 15% to €1.5 billion ($1.75 billion) in the first half, Airbus said, with a 34%...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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