Airbus to stop making struggling A380 superjumbo in 2021

TOULOUSE, France — European aviation giant Airbus said Thursday it will stop making its superjumbo A380 in 2021 for lack of customers, abandoning the world’s biggest passenger jet and one of the aviation industry’s most ambitious and most troubled endeavors. Barely a decade after the 500-plus-seat plane started carrying passengers, Airbus said in a statement that key client Emirates is […]

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JetSmarter may be sold for a fraction of its targeted value

JetSmarter, the once high-flying private aircraft-booking app backed by Jay-Z and the Saudi royal family, is being cleared for emergency landing. Valued at $1.6 billion two years ago, the so-called Uber of the skies is deep into “rescue talks” that could result in a sale for as little as $20 million, two industry insiders told The Post. Both insiders identified […]

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