Airbus to stop making struggling A380 superjumbo in 2021

Airbus to stop making struggling A380 superjumbo in 2021
Airbus had hoped the A380 would squeeze out Boeing’s 747 and revolutionize air travel as more people take to the skies. (File/AFP)
Updated 14 February 2019

Airbus to stop making struggling A380 superjumbo in 2021

Airbus to stop making struggling A380 superjumbo in 2021
  • Emirates is cutting back its orders for the plane and as a result Airbus has “no substantial A380 backlog and hence no basis to sustain production”
  • Airbus had hoped the A380 would squeeze out Boeing’s 747 and revolutionize air travel as more people take to the skies

TOULOUSE, France: European aviation giant Airbus said Thursday it will stop making its superjumbo A380 in 2021 for lack of customers, abandoning the world's biggest passenger jet and one of the aviation industry's most ambitious and most troubled endeavors.
Barely a decade after the 500-plus-seat plane started carrying passengers, Airbus said in a statement that key client Emirates is cutting back its orders for the plane, and as a result, “we have no substantial A380 backlog and hence no basis to sustain production.”
The decision could hurt up to 3,500 jobs, Airbus said. The company is releasing its 2018 annual earnings later Thursday and said the decision is expected to impact the results.
The decision is a boon for rival Boeing and a crushing blow for Airbus. The European plane maker had hoped the A380 would squeeze out Boeing's 747 and revolutionize air travel as more people take to the skies.
Instead, airlines have been cautious about committing to the costly plane, so huge that airports had to build new runways and modify terminals to accommodate it. The double-decker planes started flying in 2008 and seated more than 500 passengers.
The A380 had troubles from the start, including tensions between Airbus' French and German management and protracted production delays and cost overruns. Those prompted a company restructuring that cost thousands of jobs.
Industry experts initially expected A380s to long outlast the 747, which is celebrating its 50th birthday this year.
When it started taking on passengers in 2008, the A380 was hailed for its roominess, large windows, high ceilings and quieter engines. Some carriers put in showers, lounges, duty free shops, bars on both decks.


SABIC to begin construction of plastic recycling facility in the Netherlands

SABIC to begin construction of plastic recycling facility in the Netherlands
Updated 23 January 2021

SABIC to begin construction of plastic recycling facility in the Netherlands

SABIC to begin construction of plastic recycling facility in the Netherlands
  • The construction phase for the unit is expected to become operational in the second half of 2022
  • The project will be realized under a 50:50 joint venture

Saudi Basic Industries Corp. (SABIC) and Plastic Energy Ltd. announced plans to commence construction on the first commercial unit to produce its flagship certified circular polymers.

The construction phase for the unit, which will be located in the Netherlands, is expected to become operational in the second half of 2022.

The project will be realized under a 50:50 joint venture. It will be implemented with a top sector energy subsidy from the Ministry of Economic Affairs in the Netherlands.

The new unit will enable SABIC to significantly upscale the production of certified circular polymers to provide customers with greater access to sustainable materials which have been recycled, repurposed and produced in a way that can help protect our planet’s natural resources, while acting as a drop-in solution.