In November of last year, DailyTech reported that FedEx cancelled its order
for 10 A380-800F freighters and instead went with 15 Boeing 777s. The
cancellation notice left UPS as the sole customer for Airbus' A380-800F.
Today, we learn that UPS has also decided to back out
and abandon the A380-800F. "Based on our previous discussions, we had
felt that 2012 was a reasonable estimate of when Airbus could supply this
plane," said UPS president David Abney. "We no longer are confident
that Airbus can adhere to that schedule."
UPS had 10 planes on order with the option to purchase 10
additional planes from Airbus, but it looks as though Boeing's 747 may be the
next best alternative for the shipping company. "It almost spells the
demise for that cargo business, because the alternative to the 380 is the
(Boeing) 747," said Chris Lozier, an analyst for Morningstar. "You
would expect UPS to be at the negotiating table with Boeing right now, if not
weeks ago, working out details for the 747."
The news comes just a week after Airbus announced that it
10,000 jobs. In addition, French unions plan to strike next week in
response to the job cuts and German Airbus workers may also join in.
Airbus' A380 program has been plagued with number setbacks,
most notably due to problems
wiring the large aircraft.
quote: In the future, Airbus will learn, and will get more efficient. Eventually, they will be an even bigger source of competition for Boeing. But not today.
quote: Every piece of news about that company for the longest time has been horrible.
quote: I don't think Boeing can supply the entire world market.
quote: Plus Airbus would never build these planes if it were not for these subsidies; how else are they going to finance the projects?
quote: while Airbus is a case study in the failure of socialism