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Airbus cuts superjumbo output

Airbus said Wednesday that it cut its planned production of A380 superjumbo jetliners this year to 14 planes from 18, blaming the global economic crisis and its impact on airlines.

Boeing to cut 777 output to five planes per month

US aerospace giant Boeing Thursday said it was slashing production of its twin-aisle 777 aircraft to five planes per month from seven, citing "significant deterioration" in the airline industry.