Airbus cuts A380 output, airlines slow fleet growth
May 7, 2009
Airbus said Wednesday that it cut its planned production of A380 superjumbo jetliners this year to 14 planes from 18, blaming the global economic crisis and its impact on airlines. Airbus said it plans to deliver “more than 20″ A380s next year. The A380, the world’s largest passenger plane, carries a catalog price of $327 million, but early customers received significant discounts, airline officials have said.
