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The 100th Airbus A380, delivered to Emirates, on display at last year's Dubai Airshow. Photo: Marina Lystseva / TASS via Getty Images

Airbus announced today that it may soon stop producing its superjumbo A380 unless it can find a buyer to fulfill its minimum production numbers, per CNBC. Airbus sales head John Leahy pegged Emirates — the A380's main customer — as "the only one in the marketplace" who might purchase the minimum of six A380s each year.

Why it matters: Though Airbus also stated that it had beaten rival Boeing in 2017 sales, the A380 news indicates a looming market weakness for its flagship plane. Airlines have tended toward smaller, cheaper single-aisle planes in recent years, highlighted by Airbus' $49.5 billion order from the U.S. equity fund Indigo Partners last year.

Go deeper

Caitlin Owens, author of Vitals
4 hours ago - Health

Biden taps ex-FDA chief to lead Operation Warp Speed amid rollout of COVID plan

Photo: Alex Wong/Getty Images

President-elect Joe Biden has picked former FDA chief David Kessler to lead Operation Warp Speed, a day after unveiling a nearly $2 trillion pandemic relief plan that includes $400 billion for directly combatting the virus.

Why it matters: Biden's transition team said Kessler has been advising the president-elect since the beginning of the pandemic, and hopes his involvement will help accelerate vaccination, the New York Times reports. Operation Warp Speed's current director, Moncef Slaoui, will stay on as a consultant.

The case of the missing relief money

Illustration: Sarah Grillo/Axios

A chunk of stimulus payments is missing in action, thanks to a mix up that put as many as 13 million checks into invalid bank accounts.

Why it matters: The IRS (by law) was supposed to get all payments out by Friday. Now the onus could shift to Americans to claim the money on their tax refund — further delaying relief to struggling, lower-income Americans.

The post-Trump GOP, gutted

McConnell (L), McCarthy (R) and Trump. Photo: Erin Schaff-Pool/Getty Images

Republicans will emerge from the Trump era gutted financially, institutionally and structurally.

The big picture: The losses are stark and substantial.

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