The A380 is not an important source of revenue accounting for only two per cent of the company’s aircraft deliveries in 2018 and it doesn’t make money
Airbus SE’s decision to shut down the A380 program has been a long time coming, but the blow is more to the European manufacturers pride than its pocket.
Right now, Boeing Co is knocking spots off its rival in terms of cash generation and shareholder returns. The capacious A380 a hit with passengers though not with airlines made Boeing’s 747 jumbo seem rather diminutive. From 2021, when the production line closes,Airbus will have to give-up those bragging rights. Without this symbol of Europe’s industrial might, it will seem more ordinary. Arguably, that’s a good thing.
