Airbus: Mixed News in A380 Order

British Airways' 12 new A380s will replace Boeing 747s, but Airbus still won't be close to breaking even on its megaplane

It's the best news in a long time for beleaguered Airbus—so why aren't investors happier? On Sept. 27, British Airways (BAY.L) ordered 12 of the aircraft maker's A380 superjumbos, the first time in more than two years that Airbus has picked up a new customer for the double-decker megaplane. But shares in Airbus parent European Aeronautic Defence & Space (EAD.PA) fell as much as 4% after the announcement, although they regained most of the lost ground later in the day.

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