Airbus reduces A380 production rates

Not the ideal airshow announcement but Airbus has confirmed it is reducing its delivery target of 20 A380s per year in 2018 to 12. The A380 reached breakeven in 2015 at 27 deliveries and Airbus targets breakeven at 20 deliveries in 2017. Analysts expect the program to fall back into the red in 2018 with a loss of €250 million, which will rise to €350million in 2020. Airbus is already seeking cost reduction initiatives to lower that breakeven point further. Outstanding deliveries include 61 aircraft to Emirates, with another 11 A380s due for delivery to ANA, Etihad and Qatar. Amedeo