Slump in orders prompts Airbus to review A380
No firm orders but three cancellations for the jet this year
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[LONDON] Airbus is poised to review its A380 superjumbo after a slump in orders and has not ruled out shaving output of the world's largest jetliner while waiting for the economy to come to its rescue.
Despite aggressive marketing, sales of the 525-seat double-decker are running at idle as in tough times many airlines are focusing on narrower, lighter, two-engined models, including Airbus's own A350.
US rival Boeing said last week that it was cutting production of the latest version of its 747 jumbo, while nearing a decision to launch a 406-seat version of its 777 twinjet.
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