Ultimately, the age of the type has reduced its efficiency across the board. Munoz said the following, as reported by Business Insider. "You've got other jumbo jets out there that are being built and that a couple of people are flying. For us, we had dwindled down our fleet of 747s.
Why A380 and 747 are being retired?
Because they are simply not economically viable for airlines in the modern era of aviation. They require a lot of expensive fuel, even the updated 747–8, which makes airlines always seeking aircrafts that use less fuel for similar range.
Why is the last 747 being retired?
Did airlines lose money on A380?
However, the $445 million price tag of each aircraft was not sufficient to even cover the production cost, so with Airbus losing money on each A380, and with orders evaporating, it made economic sense to cease production.
Why can’t the A380 be a cargo plane?
Not well-designed for cargoThe A380 is so large that a freighter-equivalent would offer the largest payload capacity of any aircraft other than the An-225, which was used to carry Soviet spaceships. The A380's emphasis on volume makes sense as a vehicle optimized for passengers, not cargo.