Hong Kong Airlines places orders for 10 Airbus A380’s

Hong Kong Airlines has placed an order for 10 Airbus A380s with Airbus which makes the order worth $3.8 billion worth at list prices. Airbus plans to start the delivery to the airlines from 2015 onwards.

While the  Hong Kong Airlines order still hasn’t appeared in Airbus’s order and delivery figures on the Internet, It will bring Airbus’s order tally for A380s to 27 won last year, when the manufacturer also signed contracts with Japan’s Skymark Airlines and South Korea’s Asiana Airlines Inc. for six each, and a further five for Qatar Airways Ltd. further strengthening its position in superjumbo market and also helping it overcome the recent bad press it has had to face due to a string of issues with the A380’s that belong to Qantas and Singapore Airlines. What remains to be seen is how and when will the program turn into a profitable version for Airbus given that right now it is heavily reliant on the large chunk of the orders from Emirates for the A380 which makes up a considerable percentage of the total.