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Airbus comments on A380 program

Apr. 13, 2015 8:39 AM ETAirbus SE (EADSY) StockEADSY, EADSFBy: Yoel Minkoff, SA News Editor1 Comment
  • Airbus (OTCPK:EADSY) will not abandon its A380 jumbo jet program despite slow sales, its chief executive told Les Echos newspaper, and needs more time to decide whether to redesign its engines.
  • Emirates Airline, the leading buyer of the existing A380 jet with 140 orders, has been pushing the planemaker to revamp the jet with newer engines.
  • Airbus CEO Tom Enders also added that the A380 program would break even by the end of the year and the company hoped the program would maintain its financial performance.
  • Previously: Airbus debating whether to overhaul the A380 (Mar. 10 2015)

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