Airbus pulls plug on costly A380 superjumbo
Paris : European aerospace giant Airbus said Thursday it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs.
The company announced it would stop deliveries of the superjumbo after just over a decade in operation, following a decision by the A380's biggest customer, the Dubai-based carrier Emirates, to reduce its total orders by 39 planes.
It marks an disappointing end to a bold bet on how millions of people would travel in the future, as airlines struggled to fill a plane capable of carrying anywhere from 500 to 850 people.
"Without Emirates, Airbus has no substantial order backlog and no basis to sustain A380 production after 2021," Guillaume Faure, who is taking over as Airbus CEO from Tom Enders this spring, said in a conference call with analysts.
Airbus chalked up 321 orders for the superjumbo, which has a list price of 446 million (396 million euros) -- though the European aviation giant often had to offer substantial discounts.
Analysts had warned the company wouldn't start to recover the billions of euros in investment and production costs unless at least 400 planes were sold, and possibly up to 600.
The programme's future had been in doubt for years as Airbus slowed production, and the company acknowledged last year that the A380 would be scrapped if no new orders came in.
It received a lifeline when Emirates ordered 36 more A380s, but on Thursday Airbus said the airline had balked and would buy smaller A320 and A350 models instead.
After just 10 deliveries last year, Airbus will build eight this year, seven in 2020 and the final two in 2021.
"The A380 is a world-class feat of engineering, much loved by passengers, and we are obviously saddened that deliveries will come to an end," said Chris Cholerton, head of civil aerospace at Rolls-Royce, one of the A380's engine suppliers.
Winding up the programme cut Airbus's 2018 earnings by 463 million euros, but it still posted a 29 percent surge in net profit to three billion euros.
Investors appeared to welcome the results, pushing Airbus shares up more than five percent in early trading in Paris.
The jobs of up to 3,500 A380 workers are at risk, but Airbus said that given its solid order book for other planes, it expects to move most of these employees to other projects.
Airbus said it expects to deliver 880 to 890 planes this year after 800 last year, reflecting steady demand for the A320, the workhorse midsize jet for short and medium-range flights.
It is also targeting more clients for its A350 long-haul jet, aimed at competing more directly with its US archrival Boeing.
But the A380's demise is a stark admission of defeat in the race against Boeing, which had pointedly dismissed Airbus's bet that airlines wanted huge transporters serving a handful of global hubs.
Airbus has faced scepticism over the plane's prospects since the 1990s, when it began to envision a competitor to Boeing's hugely successful 747.
Initial orders however were solid, especially among Asian and Middle East airlines with extensive long-haul operations.
And passengers raved at a noticeably quieter cabin with decent legroom even in economy class -- most airlines configured the plane for 500 to 550 passengers, instead of the all-economy potential for 850 seats.
But Airbus suffered a series of costly delays before the A380's first commercial flight by Singapore Airlines in 2007.
Production problems, including extensive wiring issues, and cost overruns in the billions of euros continued to plague the project, forcing Airbus to report its first-ever annual loss for the 2006 financial year.
Airbus stood by the A380 even after it was slammed by the global financial crisis of 2008, when airlines started having second thoughts about owning huge planes that were profitable only when filled to the brim.
And in 2006 the plane was at the centre of a suspected insider trading scandal, after top managers and key shareholders were accused of selling shares in Airbus's parent company shortly before the superjumbo's production problems were made public, though no one was ever convicted.
Pledges to get the A380 programme back on track were unable to avoid further delays, even as a series of safety scares raised questions among potential clients, including long-targeted Chinese airlines.
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Russia, China object to US UNSC Presidency's Programme of Work over Iran
United Nations (PTI): In a development highlighting polarisation in the UN Security Council, the monthly programme of work for the US Presidency of the powerful UN organ could not be adopted after Russia and China raised objections concerning Iran.
The United States, a veto-wielding permanent member, assumed the Presidency of the 15-nation UN Security Council for the month of March. As is customary, a monthly programme of work that outlines the Council’s anticipated meetings and events for the month is adopted by the UN body at the commencement of the Presidency.
The Council President then briefs the media in the UN headquarters on the UNSC programme of work and agenda for the month.
However, the US-drafted programme of work for its monthly presidency of the Council could not be adopted on Monday after the other veto-wielding permanent members Russia and China raised objections pertaining to the 1737 Sanctions Committee concerning Iran.
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“Russia & China objected to the adoption of the US-drafted UNSC PoW (Programme of Work) for March,” Russia’s Permanent Mission to the UN said.
“We were compelled to take this step because the provisional programme of work proposed by the US included a briefing on the work of the 1737 Sanctions Committee concerning Iran, whose work was allegedly resumed in September 2025 following the triggering by the UK, France, and Germany of the “snapback” mechanism to reimpose the anti-Iranian Security Council resolutions,” Russia said.
“In February, we once again brought our position on this matter to the attention of our US colleagues, urging them to refrain from including such an event in the provisional programme of work. Unfortunately, our appeal remained unheeded. For this very reason, we had no other choice but to object to the adoption of the UNSC programme of work for March,” it said.
The UN Security Council had in 2015 adopted a resolution that implemented the Joint Comprehensive Plan of Action (JCPOA) concerning Iran's nuclear programme. In August 2020, the United States invoked the resolution's "snapback" mechanism, under which the Security Council can reimpose UN sanctions.
Last year, France, Germany, and the United Kingdom (UK) (collectively known as the "E3") invoked the snapback mechanism, which resulted in the sanctions being reimposed on Iran on September 27, 2025 “based on Iran’s continuing “significant non-performance” of its nuclear commitments.”
In the wake of the failure of the adoption of its monthly Programme of Work, the US released its “Plan of Work” outlining the Council’s anticipated meetings and events for the month.
A press conference by the US Ambassador to the UN Mike Waltz to brief members of the media on the Programme of Work, initially scheduled for March 3, was also cancelled.
Council Presidents traditionally host about two signature events during their presidency. The first signature event by the US was a briefing on March 2 titled “Children, Technology, and Education in Conflict” under agenda item “Maintenance of international peace and security” which was presided over by First Lady Melania Trump, a history-making event since it was the first time ever that the spouse of a world leader chaired a UNSC meeting.
The second signature event that the US is expected to host will be a briefing on ‘Energy, critical minerals, and security’.
The US took over the UNSC gavel just a day after it, along with Israel, launched military strikes against Iran, killing Iran’s Supreme Leader Ayatollah Ali Khamenei and other senior leaders. Tehran launched retaliatory attacks against American and Israeli targets in West Asia, a region that is now plunged in a devastating war that is impacting millions of civilians.
