Airbus Scraps Target of 30 A380 Sales as Demand Dwindles
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Airbus SAS abandoned a target of selling 30 A380 superjumbo jets this year, as airlines opt for smaller, less-expensive airliners in an economic slump.
“The big aircraft market has been slowing down,” Airbus Sales Chief John Leahy said in an interview at the Farnborough air show today. The target of 30 is “looking like a stretch at this point but when you set your goals at the beginning of the year you can’t change them. Let’s see how close we can get.”