Singapore Air, one of the world’s largest long-haul carriers has ordered nine Airbus A380 superjumbos and taken options on six more. The new plane has had a history of production problems, and industry observers believed that some carriers would move to the new Boeing 747-8. The Singapore order puts some air back into Airbus’ sails.
Airbus recently told Dow Jones Newswires: that there would be "absolutely no further delay in A380 deliveries." The air frame manufacturer better hope not
Perhaps this news will get customers like Emirates and Fedex, who were backing off on A380 orders, back in the tent.
It is not exactly great news for Boeing.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about
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