Airbus said Friday it has once again raised the break-even point for the troubled A380. In 2005, Airbus was saying that it would need to sell only 270 of the planes to break even. Last year, that jumped to 420 planes as a result of costly wiring problems that delayed delivery of the A380 by up to two years.
Airbus Chief Executive Louis Gallois said Friday at the annual shareholder meeting of parent company European Aeronautic Defense and Space Co. that the break-even point for the A380 has been raised, but he did not disclose to new figure. "Clearly because of the difficulties of the A380, the break-even point has increased," Gallois said. EADS for now isn't giving specific targets on the number of A380s it needs to sell to break even on the project, he said.
Airbus has currently sold 156 A380s. |