Airbus ending A380 program

The European plane maker said Thursday that it will stop delivering A380s in 2021 after Dubai-based airline Emirates slashed its orders for the huge jetliner. But Airbus’ giant bet that airlines would need lots of extra-big planes to fly passengers between major airport hubs didn’t pay off as the company had hoped. Its plans were undermined by airlines shifting their interest to lighter, more fuel efficient passenger jets that have reduced the need to ferry passengers between the big hubs.

Source: www.cnn.com