DGAP-Ad-hoc: Airbus SE / Key word(s): Agreement
Ad-hoc release, 14February 2019
Airbus and Emirates reach agreement on A380 fleet,
- Emirates to reduce its A380 orderbook by 39 aircraft
- Orders 40 A330neo and 30 A350s
- Last delivery of A380 scheduled for 2021
Emirates has also decided to continue growing with Airbus' newest generation, flexible widebody aircraft, ordering 40 A330-900 and 30 A350-900 aircraft.
"As a result of this decision we have no substantial A380 backlog and hence no basis to sustain production, despite all our sales efforts with other airlines in recent years. This leads to the end of A380 deliveries in 2021," said Airbus Chief Executive Officer Tom Enders. "The consequences of this decision are largely embedded in our 2018 full year results".
"The A380 is not only an outstanding engineering and industrial achievement. Passengers all over the world love to fly on this great aircraft. Hence today's announcement is painful for us and the A380 communities worldwide. But, keep in mind that A380s will still roam the skies for many years to come and Airbus will of course continue to fully support the A380 operators," Tom Enders added.
Airbus will start discussions with its social partners in the next few weeks regarding the 3,000 to 3,500 positions potentially impacted over the next three years. However, the ongoing A320 ramp-up and the new widebody order from Emirates Airline will offer a significant number of internal mobility opportunities.
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775795 14-Feb-2019 CET/CEST