Airbus plans to cut production of A380 superjumbo jet
European planemaker Airbus plans to cut production of its A380 superjumbo from 2017 as it struggles to revive sales of the world's largest passenger jet, two industry sources said.
It has told its suppliers to slow production to support an assembly rate of 1.7 aircraft per month from next year, compared with production of just over two a month now, the sources said.
The exact month in which the slowdown would be felt in the Toulouse assembly plant was not immediately clear. | READ MORE