Spurned by Airlines, First A380s to Be Stripped for Parts

Spurned by Airlines, First A380s to Be Stripped for Parts
A Singapore Airlines staff member walks down a set of stairs from an Airbus A380 at Sydney International Airport October 26, 2007. Reuters/Tim Wimborne/File Photo
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SYDNEY—A German investment company said on Tuesday it would strip two unwanted Airbus A380 superjumbo passenger jets for parts after failing to find an airline willing to keep them flying following a decision by Singapore Airlines to return them to their owner.

The decision by Dortmund-based Dr Peters Group deals a fresh blow to the European planemaker’s efforts to maintain market interest in the double-decker jet, barely 10 years after it went into service, hailed by politicians as a proud European symbol.