The Airbus A380 program is officially canceled after 12 years of flight. How did this disaster of a financial decision end up costing billions for the Airbus company?
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Airbus announced the launch of the A380 program with an estimated cost of $10 billion. The decision was as much political as it was economical, employ a large number of European workforce and keep the continent relevant in aviation technology.
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Sources: https://docs.google.com/document/d/163fxDJc4LtABztEx_wK-O85-5aANk8RAbNwU3pz0mjc/edit?usp=sharing
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