Bigger is not always better when it comes to transportation
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Lesson From The A380 And California HSR: Smaller Is Better In TransportationThe end of the Airbus A380 and California High Speed Rail help us understand a surprising message -- that in transportation vehicles, sometimes smaller is better and even more energy efficient. New technologies spell the end for the train and the bus, and promise a better and more sustainable era.
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The Latest: Airbus reports profit jump despite A380 lossesTOULOUSE, France (AP) — The Latest on European aviation giant Airbus' announcement that it will stop making its superjumbo A380 (all times local): 7 a.m. Airbus has reported a 29 percent rise in profits for 2018 despite losses of 899 million euros ($1 billion) from its troubled A380 superjumbo jet and A400M military transporter plane. The company reported Thursday net profit of 3.1 billion euros over last year, up from 2.4 billion euros in 2017. Revenues were up 8 percent to 63.7 billion euros, including from its defense business. Airbus announced earlier Thursday that it will stop making the iconic A380 plane and reported a charge of 463 million euros related to that decision. In addition the plane maker reported a charge of 436 million euros on the A400M, used by several European militaries. Airbus said it forecasts similar profits in 2019 in line with growth in the world economy and air traffic.
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The rise and fall of the Airbus A380 superjumboThe plane struggled to gain clients as long-haul flight trends changed.
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Airbus To Stop Production Of A380 Superjumbo JetThe European company says it has no reason to continue production after its biggest customer cut back its orders. Despite much fanfare, the double-decker plane has struggled to find a market.
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