Post by Deleted on Sept 15, 2016 4:46:40 GMT 7
Singapore Airlines has decided not to keep the first A380 it leased, delivering a fresh setback for Airbus' super-jumbo plane.
Singapore Airlines was the launch customer for the two-deck jet in 2007.
The airline has decided not to renew the A380 plane when the ten-year contract expires next year.
The news comes after Airbus more than halved its delivery target for the A380, raising fears it could slip back to making a loss from the aircraft.
A Singapore Airlines spokesperson said: "Our first five A380s are on 10-year leases, with options to extend. The first expires in October 2017, and we have decided not to extend it.
"For the other four, decisions will be made later."
www.bbc.com/news/business-37362488
Singapore Airlines was the launch customer for the two-deck jet in 2007.
The airline has decided not to renew the A380 plane when the ten-year contract expires next year.
The news comes after Airbus more than halved its delivery target for the A380, raising fears it could slip back to making a loss from the aircraft.
A Singapore Airlines spokesperson said: "Our first five A380s are on 10-year leases, with options to extend. The first expires in October 2017, and we have decided not to extend it.
"For the other four, decisions will be made later."
www.bbc.com/news/business-37362488
