CNN:
The A380 was nearly extinct. Now a new airline says it’s building a superjumbo-only fleet
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It’s a rare used-market move for an aircraft that passengers adore but that airlines have struggled to turn profitable due to its operating and maintenance cost, as well as its huge size.
“It’s a fantastic aircraft when you use it in the right way and on the right routes,” says Global Airlines CEO James Asquith. “We will be looking to invest significant amounts on refurbishing the A380 we already have and the future ones that we’re looking to bring into the fleet.”
Asquith previously founded Holiday Swap, a home-swapping travel platform which is also Global’s parent company, and he holds the Guinness world record for the youngest person to visit every country in the world.
“I’ve flown on about 280 different airlines and sat there seeing what’s good, what doesn’t work and what can be improved,” he says. “We’ve structured this in a way that financially allows us to do a lot of the exciting things that no new airline that isn’t government-funded has been able to do in the last 40 years.”
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