February 14, 2019
Last A380 to be delivered in 2021; In talks with unions over possible hit to jobs; Emirates places new A330, A350 order with Airbus.
Europe’s Airbus announced plans to scrap production of the A380 superjumbo on February 14, abandoning its dream of dominating the skies with a cruiseliner for the 21st century after years of lacklustre sales.
Airbus to scrap production of A380 superjumbo
The world’s largest airliner, with two decks of spacious cabins and room for 544 people in standard layout, was designed to challenge Boeing’s legendary 747 but failed to take hold as airlines backed a new generation of smaller, more nimble jets.
Airbus said in a statement that the last A380 would be delivered in 2021.
Confirming a shake-up first reported by Reuters, it said Emirates — the largest A380 customer — had decided to reduce its orders for the iconic superjumbo and order a total of 70 of the smaller A350 and A330neo models.
The European company said it would enter talks with unions in coming weeks over the 3,000-3,500 jobs potentially affected.
Airbus will produce 17 more of the planes including 14 for Emirates and 3 for Japanese airline ANA.
As part of the restructuring, Emirates placed a new order for 40 A330-900neo jets and 30 A350-900 aircraft, partially restoring a purchase of A350 aircraft which it cancelled in 2014.

Leading buyer ‘disappointed’
Emirates, which had built its global brand around the A380 and Boeing 777 and which also has 100 of the Airbus superjumbos in its fleet, said it was disappointed by the closure.
“Emirates has been a staunch supporter of the A380 since its very inception,” said Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum. “While we are disappointed to have to give up our order, and sad that the programme could not be sustained, we accept that this is the reality of the situation,” he added.
The A380 will remain a pillar of the Emirates fleet well into the 2030s, stated the airline.
Emirates’ local rival Etihad of Abu Dhabi also disclosed it was cutting some Airbus and Boeing jet orders, highlighting growing questions over the growth of Gulf airlines.
Making its maiden flight in 2005, the A380 was a major step in Airbus’s efforts to compete on equal terms with Boeing and challenge what had been a cash cow for its arch-rival.
But sales of the industry’s largest four-engined jets have fallen due to improvements in lighter twin-engined alternatives, such as the Boeing 787 and 777 or Airbus’s own A350.
The prospect of a premature halt to A380 production emerged last month as part of a restructuring of orders first reported by Reuters.
On February 13, Reuters reported that Airbus was poised to axe the superjumbo and would likely give an update coinciding with results due on February 14 morning.
The decision to scrap production is the last major step by outgoing Airbus chief executive Tom Enders.
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Global Vehicle to Grid Market 10 Year Forecast Report 2024-2034 - Supportive Government Regulations and Financial Incentives for V2G Deployment
DUBLIN, March 18, 2024 /PRNewswire/ -- The "Vehicle to Grid (V2G) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering. World revenue for Vehicle-to-Grid (V2G) Market is forecast to surpass US$ 4.31 billion in 2024, with strong revenue growth through to 2034. Escalating Demand for Electricity, Coupled With a Global Commitment to Reduce Reliance on Fossil Fuels, Resulting in a Surge in the Adoption of Electric VehiclesThe vehicle-to-grid (V2G) market is witnessing unprecedented growth driven by a confluence of factors shaping the future of sustainable transportation and power management. Key drivers include the escalating demand for electricity, coupled with a global commitment to reduce reliance on fossil fuels, resulting in a surge in the adoption of electric vehicles (EVs). This market is characterized by opportunities that lie in the integration of renewable energy sources, such as solar and wind, to meet energy demands, while also addressing challenges associated with the variable nature of these sources.The primary driver for the V2G market is the escalating demand for electricity worldwide. Governments and industries are increasingly recognizing the need for sustainable and low-emission solutions, driving the widespread adoption of EVs. The electrification of the transportation sector not only addresses environmental concerns but also provides a unique opportunity for EVs to serve as mobile energy storage units. This bidirectional flow of power, where EVs can both draw and supply energy to the grid, is a key driver propelling the V2G market forward.Opportunities in the V2G market are abundant, particularly in the integration of renewable energy sources. As countries strive to meet ambitious renewable energy targets, V2G technology becomes an enabler for managing the intermittent nature of solar and wind power. This creates opportunities for smart grid solutions and advanced energy storage systems. Additionally, the idle times of parked EVs present an untapped opportunity for bidirectional ...Full story available on Benzinga.com
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