Two Unwanted A380s Are Moving Closer to the Scrapheap
- Unwanted superjumbos set to be taken apart for components
- British Airways and others decided not to buy double-deckers
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Two of Airbus SE’s flagship A380 superjumbos are headed for the scrap heap after a search for new operators failed to secure firm bids.
Negotiations with British Airways, Iran Air and Hi Fly, a Portuguese charter specialist, ended without any deals, German investment fund Dr. Peters, which manages the planes, said in a statement to shareholders. The aircraft are already parked in the foothills of the French Pyrenees, where they will be filleted over the next two years by a specialist company and sold in parts.