Airbus Halves A380 Production

FARNBOROUGH—Airbus is making a large cut to its A380 output, as the manufacturer continues to struggle with securing additional sales for its largest aircraft. On July 12, the company said that in 2018 it will reduce monthly production of the aircraft from the current 2.5 per month to one. “With this prudent, proactive step we are establishing a new target for our industrial planning, meeting current commercial demand, but keeping all our options open to benefit from future A380 markets,” CEO Fabrice Bregier said in a statement.