The European aircraft manufacturer has announced the abandonment of the A380, a super-jumbo airplane. The A380 is currently the world's largest passenger plane.
The production of the ordered copies will still take place and is expected to be completed in 2012 for the last A380. The decision was taken by Airbus after the company's largest customer, Emirates, reduced its previous order on Thursday and asked for 123 instead of 162.
Airbus has also announced that it will start negotiations with its suppliers on the fate of 3-3500 people whose work is directly affected by this decision.
According to analysts after the airliner market, the loss of the A380 was due to the fact that the gigantic machine was unable to compete with smaller aircraft, and even larger distances for Boeing 787 and 777, as well as the Airbus A330 and A350. and models are purchased by airlines. (BBC)