Airbus to end A380 production by 2021

Airbus will cease production of its 800-passenger, double-decker A380, the world's largest passenger jet, in 2021 after just 12 years in service, Bloomberg reports.

Why it matters: Airlines around the world have gravitated toward smaller, more fuel-efficient planes, and Airbus became increasingly reliant on a single customer, Emirates, to keep the A380 afloat. The company said as many as 3,500 jobs will be affected by the decision to end production.

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