Airbus SE logo

AIR - Airbus SE News Story

€99.57 3.6  3.7%

Last Trade - 14/05/21

Sector
Industrials
Size
Large Cap
Market Cap £67.37bn
Enterprise Value £69.66bn
Revenue £42.84bn
Position in Universe 14th / 850

China Southern reviewing future of its A380 jets, says executive

Wed 14th April, 2021 8:23am
April 14 (Reuters) - China Southern Airlines  600029.SS  is
reviewing the future of the five Airbus  AIR.PA  A380
superjumbos in its fleet, an executive said on Wednesday, at a
time when many carriers are retiring the jets early because of
the COVID-19 pandemic.
    "Not only for China Southern but also for many airlines we
must be thinking about the A380," China Southern Senior Vice
President International and Corporate Relations Wu Guoxiang said
at a CAPA Centre for Aviation event. 
    "Maybe it is too large for the route and its operation cost
is very high. It is still in our consideration how we solve this
problem." 

 (Reporting by Jamie Freed in Sydney
Editing by David Goodman)
 ((Jamie.Freed@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.