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Airbus CEO: Upgrading A380 may wait until after 2022

Nov. 19, 2015 6:44 PM ETAirbus SE (EADSY) StockEADSY, EADSFBy: Jason Aycock, SA News Editor3 Comments
  • At an industry gathering, Airbus (OTCPK:EADSY) CEO Fabrice Bregier said that 2022 may be too soon to introduce an upgrade to the unit's A380 jumbo jet.
  • That's in spite of the request from its largest customer, Emirates, to improve the plane. Despite Emirates' support, the aircraft is still finding a market: "People love the A380 as passengers. But airlines don't," Bregier said.
  • He's also looking at industry trends toward smaller twin-engine craft. Last year, commercial airlines placed zero orders for new jumbo 747s from Airbus or Boeing.

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