Used A380 superjumbos threaten Airbus sales
Airbus hasn’t won a new airline customer for its flagship A380 superjumbo, the world’s biggest commercial jet, in almost three years and needs to sell close to 30 a year just to break even. Now Airbus is set to face a fresh challenge as used A480 aircraft hit the market. Malaysia Airlines would like to dispose of two of its six A380s, while two built for failed carrier Skymark Airlines are seeking new owners. Thai Airways could also attempt to sell some of its six planes, all of them less than three years old. In addition, some of the oldest A380s are poised come off lease.
The A380, marketed as seating about 540 people in three classes, is generally too large for all but the densest routes, or ones where carriers pack passengers onto fewer flights or must do so because of a lack of airport slots. Airbus COO John Leahy said second-hand A380s will be attractive to customers who would otherwise opt for a smaller and cheaper plane like the Boeing Co. 777 because they’ll be available at similar rates. Used A380s are likely to be available at a fraction of the plane’s $428 million list price. Second-hand A380s will benefit from the fact that airlines have generally used them on long routes, accruing a relatively low number of flight cycles.
The A380, marketed as seating about 540 people in three classes, is generally too large for all but the densest routes, or ones where carriers pack passengers onto fewer flights or must do so because of a lack of airport slots. Airbus COO John Leahy said second-hand A380s will be attractive to customers who would otherwise opt for a smaller and cheaper plane like the Boeing Co. 777 because they’ll be available at similar rates. Used A380s are likely to be available at a fraction of the plane’s $428 million list price. Second-hand A380s will benefit from the fact that airlines have generally used them on long routes, accruing a relatively low number of flight cycles.