Airbus has confirmed it is preparing a further reduction of A380 output, as the company struggles to finalize more orders for the aircraft. “It is likely that we may have to go below Rate 1 [a rate of producing one aircraft per month],” Airbus VP-programs Didier Evrard said on the sidelines of the IATA AGM in Cancun. The company is working to mitigate and minimize the financial impact that the measure would cause. Airbus is in the process of reducing A380 production from 27 ...

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