On February 14, 2019, Europe’s Airbus confirmed that the company is terminating production of the world’s largest airliner A380 superjumbo program and will instead focus on producing smaller A350 and A330neo models. Airbus further confirmed that the last A380 will be delivered in 2021. Up until that time, the company will produce 17 more A380s, including 14 for Emirates and 3 for Japanese airline ANA.
This decision came after Emirates cut back orders of the iconic aircraft in favor of 70 smaller A350 and A330neo models. With Emirates being the largest A380 customer, Airbus figured that that there is no further reason to sustain production of this particular aircraft. The decision is not without consequences, as 3,000-3,500 jobs may be jeopardized.
However, being a favorite among flyers and also a key differentiator, Emirates CEO and Chairman has assured that they will continue using Airbus’ flagship aircraft well into 2030s.
Airbus’ president has expressed regret over Emirates’ decision, but he understands the changing and competitive nature of the industry that now sees A330neo and A350 crucial for future growth. In the past, the A380 attempted to replace the Boeing 747 as the most sought-after aircraft but this was soon undermined by the arrival of more fuel-friendly options like the A350 and Boeing 787 Dreamliner. These modern, lighter carriers are more competent to fly longer distances such as Qantas's London to Perth route, without stopping, thereby replacing hub-to-hub flying with more point-to-point flights.
Meanwhile, Airbus reported a forecast beating fourth quarter earnings projecting higher aircraft deliveries and profits in 2019.