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Airbus plays down A380 cutback while bracing for fresh losses

Doubts over demand for plane and more cost overruns on A400M military airlifter overshadow new jet orders
Friday, July 15, 2016 - 05:50
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Although Airbus insists the A380 is here to stay, industry sources say the project is effectively in a strategic holding pattern.

Farnborough, England

AIRBUS sought to reassure investors on Wednesday that its decision to cut production of the world's biggest passenger jet, the A380, would not badly hurt the group, while bracing for fresh losses on a second flagship European project.

Doubts over demand for the