So why did the world's largest passenger aircraft, described as a "hotel in the sky", fail after just 12 years of production? The lessor struggled to find new customers for the aircraft so much, that it chose to scrap the two A380s and sell them for parts.
Following months of speculation over the plane's future, Airbus said it had taken the decision after Emirates scaled back an order for A380s - choosing instead to focus on smaller planes. "Hence today's announcement is painful for us and the A380 communities worldwide". "This leads to the end of A380 deliveries in 2021", said Airbus chief executive Tom Enders.
Airbus had been forced to slow A380 production in recent years before warning in January 2018 that the programme could be scrapped if no new orders came in.
Nevertheless, Airbus said it made £2.7bn in overall net profits - a jump of 29% on the previous year.
The European company said it would enter into talks with unions in coming weeks over the 3,000-3,500 jobs potentially affected.
On Thursday, the firm said Emirates had chosen to reduce its order of A380s from 162 to 123 aircraft following a "review of its operations, and in light of developments in aircraft and engine technologies".
Airbus makes wings for the A380 in the United Kingdom - employing 6,000 staff at Broughton and 3,000 at Filton.
Airbus is nearing a decision to axe production of the world's largest airliner amid a downward revision in demand from the Gulf, and is likely to give an update with its full-year earnings on February 14, according to industry sources and analysts.
The giant aircraft's first commercial flight to Europe - a Singapore Airlines service - arrived at Heathrow on March 3 2008.
When Airbus's A380 first took off it was hailed as a technological marvel that would meet airlines' needs for a new large aircraft to connect the world's crowded airport hubs - London, New York, Dubai, Tokyo.
Airbus will complete the remaining orders, then the factories and their workers will either be reassigned to other programs or let go.
Airbus had hoped to sell 700 planes but it had only managed 313 orders, BBC News reported.
The fate of the A380 has been in doubt since a vital order from Emirates broke down, forcing the two sides to weigh up alternatives that would trigger a premature halt to A380 production.
However, the market started to change near the turn of the decade when airlines realized they could buy planes that could fly just as far, but easier to fill up with passengers (and cheaper to fill with fuel). There was a bigger game afoot - Airbus needed to negate Boeing's 747, believing that the profits the American company made on 747 sales were helping it cross-subsidise other, smaller planes. Freighter versions of the 747 will be built past 2021, meaning the venerable jumbo jet will outlive the plane sent to kill it.