A380 was success for Airbus, says new CEO
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May 23, 2019 - by leehamnews.com
The A380 is a success for Airbus despite being forced by the lack of market demand to decide to close the program in 2021, well short of break-even sales.
Guillaume Faury, who took over as CEO in April from retiring Tom EndersSource: Airbus
Guillaume Faury, who took over as CEO in April from retiring Tom Enders, said at the Airbus Innovation Days pre-Paris Air Show briefing yesterday, that the A380 led the path to the successful development and production of the successful A350 and the transformation of Airbus into it is today.
Enders in February decided to end the program, which struggled for years to find buyers for the aircraft in an industry where airline preference shifted from bigger to smaller airplanes.
Faury, however, did not answer a question from Reuters' aerospace reporter Tim Hepher that if Airbus considers the A380 a success why it refuses to repay German launch aid of more than $600m.
How the A380 was a "success"
The A380 was an industrial if not a sales success because in 2006, problems in final assembly exposed the cultural and industrial mismatch between the French and German plants where the A380 is produced and assembled.
The two plants used different versions of...
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