.... and the delivery of the first A350 to the little moron in Qatar is deferred, with no date set! Airbus shares plunge 11% ....
Concerning the 4-legged dinosaurs, i predicted this all along. Timmy can open as many doors as he wants, people will come, but will not pay what's needed to get the predicted profit. Fuel's cheap, thanks, but it might go up to a 100 again and then brace for our T&C's!
While the 380 might suit EK, when it's the only and exotic zoo flying a dinosaur, it will be difficult to uphold the cash cow myth. Creative accounting is easy in a dictatorship, but some day even they will face some internal prosecution.
If Airbus discontinues the A380 line, it would be a smart move to cancel the remaining orders and saddle some new horses.