CANCUN, Mexico—Airbus confirmed it is preparing a further reduction of A380 output, as the company struggles to finalize more orders for the aircraft. “It is likely that we may have to go below Rate 1 [a rate of producing one aircraft per month],” Vice President of Programs Didier Evrard said on the sidelines of the IATA Annual General Meeting here. The company is working to mitigate and minimize the financial impact that the measure would cause. Airbus is in the process ...


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