Airbus share dive on low orders; counting the cost of the A380

Airbus has reported only four aircraft orders for the month of February – four A220s for Air Vanatu – which caused its share price to dip this morning to a low of €110.76 after starting the week around €114.56 mark. The dip comes despite the fact that the manufacturer delivered 49 single-aisle and wide-body aircraft to 33 customers during the month, with a backlog of 7,390 aircraft. Airbus has been in the news almost constantly since it cancelled the A380 programme and today, in an interview with UK newspaper The Financial Times, Tom Enders, chief executive of Airbus, commented that