Market talk: a cargo-only A380? 'A waste of time, money and effort', some say
There has been much chat on LinkedIn today about the news that Lufthansa Technik has ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
OK, so it’s not exactly a cargo story, but it is a sad aviation tale. Failed negotiations with BA, Iran Air and charter specialist Hi Fly have left Airbus facing the very real possibility that it may have to scrap two of its Singapore Airlines-operated A380 superjumbos. Bloomberg reports the decade-old aircraft are looking at “an inglorious end”, as there is little, to no, established secondhand market. British Airways has offered to take the planes in 2021, when some of its older 747s are retired, but this is too far in the future, apparently.
Comment on this article
Jon Champs
June 12, 2018 at 2:34 pmI don’t think this is such a bad issue. there’s a desperate need for A380 used parts and the start of a viable market. These aircraft cost over £40m to re-furbish and rebrand, they were not especially good early versions with many teething problems. HiFly are getting A380’s in the next month anyway. BA will come back when they sniff out a deal.