Air France-KLM agreed to order 60 of Airbus's new A220 jets on Tuesday whil...
FILE PHOTO: An Airbus A220 passenger jet, formerly known as the Bombardier CSeries, stands in the final assembly line where the European company plans a $30 million investment to keep up with forecast demand, in Mirabel near Montreal, Quebec, Canada January 14, 2019. REUTERS/Tim Hepher/File Photo
In a boost for the A220 program acquired by Airbus from Bombardier last year, Air France-KLM’s board approved 30 options and 30 purchase rights in addition to the firm orders worth an estimated $4.2 billion at unpublished list prices. The order was first reported by French daily La Tribune. Air France-KLM will also drop the A380 superjumbo entirely by the following year, the company said, adding that the current competitive environment “limits the markets on which the A380 can be operated profitably”. Air France had previous disclosed plans to retire three of its 10 superjumbos.
With two decks of spacious cabins and room for 544 people in standard layout, the A380 was designed to challenge Boeing’s legendary 747 but failed to take hold as airlines backed a new generation of smaller, more nimble jets.
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