Airbus could abandon A380 superjumbo amid lackluster sales

January 15, 2018 03:37 AM

Airbus says it will stop making its costly A380 superjumbo if it can't strike a long-term deal with the airline Emirates for a steady supply of the planes.

Airbus chief salesman John Leahy told reporters Monday that "if we can't work out a deal with Emirates, there is no choice but to shut down the program."

He said the airline is "the only one who has the ability" to commit to a minimum of six planes a year for a minimum of eight to 10 years, which Airbus needs to make the program viable.

The double-decker A380 drew worldwide attention when launched a decade ago but has long met questions as to whether it could generate enough demand.

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The announcement came as Airbus announced it sold 1,109 planes year, outstripping rival Boeing thanks to a raft of end-of-year deals.