The Latest: Long-haul carrier Emirates says it has struck a deal valued at $21.4 billion with Airbus, while saying it is sad to see the end of production of its the double-decker A380 jetliner.
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Airbus to stop making struggling A380 superjumbo in 2021TOULOUSE, France (AP) — European aviation giant Airbus says it will stop making its superjumbo A380 in 2021 after struggling to sell the world's biggest passenger jet. Airbus said in a statement Thursday that Emirates is cutting back its orders for the plane and as a result 'we have no substantial A380 backlog and hence no basis to sustain production.' The decision is a boon for rival Boeing and a blow for Airbus. Airbus had hoped the A380 would squeeze out Boeing's 747 and revolutionize air travel as more people take to the skies.
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'I liked what I saw,' Twitter investor says after stock drops on earningsShares of Twitter dropped nearly 10% on Thursday after the company reported fourth quarter earnings. Shareholder Josh Brown makes the case for why he's sticking with the stock long-term.
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