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Airbus executive says considering cuts to A380 production, still undecided

Airbus executive says considering cuts to A380 production, still undecidedAirbus SE (AIR.PA) is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the double-decker jet. The A380 has battled against sluggish sales, squeezed by smaller, more efficient twin-engined jets. Airbus has previously announced plans to lower output to 12 aircraft in 2018 and eight in 2019, compared with an annual peak of 30.

Source: Yahoo Finance

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