Airbus says output cut
won't drive A380 massively into red
Send a link to a friend
[July 13, 2016]
(Reuters) - Airbus does not expect its A380 superjumbo
program to fall massively into the red as a result of
its decision to cut production, and is optimistic about
long-term prospects for the jet, the European
planemaker's group CEO said on Wednesday.
An Airbus A380, the world's largest jetliner, generates
vortex during a flying display at the 51st Paris Air
Show at Le Bourget airport near Paris, June 18, 2015.
REUTERS/Pascal Rossignol/File Photo
do not expect to be massively in the red," Tom Enders told a
news conference a day after Airbus said it would cut A380
deliveries to 12 a year from 2018, down from 27 in 2015 and well
below its current breakeven point.
"We work hard to be profitable or breakeven at lower rates. How
far we can bring it down, we will have to see," Enders said.
"We all are pretty upbeat and optimistic about the longer term
prospects of the A380. I hope that this is only a year or two
and then we can raise production rates again."
(Reporting by Cyril Altmeyer; Editing by Mark Potter)
[© 2016 Thomson Reuters. All rights
Copyright 2016 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.