Economy News _ Baghdad
Airbus is considering plans to cut the production of the giant A380 to six aircraft a year as it struggles to maintain the economic viability of the world's largest aircraft beyond the end of the decade, industry sources said.
Under pressure from smaller but more efficient aircraft, Airbus announced it would cut production to 12 in 2018 and 8 in 2019, down from an annual production peak of 30 aircraft waiting for what it expects to be a recovery.
But plans to maintain this rate are in doubt, while Airbus is finalizing an order from Emirates to buy 36 new aircraft.
Industry analysts said the current negotiations with Emirates would be crucial to the future of the A380, which recently celebrated its 10-year start-up.
Airbus, which delivered 14 A380s this year, has told some suppliers it is considering cutting production to six aircraft a year, the sources said.
An Airbus spokesman declined to comment on the production plans other than in previous announcements by the company.
Airbus is considering reducing production of the world's largest aircraft
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