Airbus is willing to build the A380 only if its financially viable: unless orders queue up, it isn’t willing to develop the superjumbo jet.
On Tuesday, at the Dubai Airshow, Tim Clark, the CEO of Airbus, stated the company’s board could look into the development of the A380 superjumbo jet program once orders queue up.
“I am sure that if we get closer to a further order, the Airbus board will make that undertaking,” said Tim Clark, Airbus’ President at the Dubai Airshow.
The development comes in the wake of Emirates’ belief that Airbus can meet demands from the Dubai government, Airbus’ owners, so as to guarantee the development of the A380 program.
Anticipatory orders for the A380 superjumbos, worth $16 billion, failed to materialize at the last moment, and forced Airbus and Emirates into further talks to finalize a deal.
Clark did not entertain the speculation as on when a deal could be reached.