Big Plane vs Little Plane (The Economics of Long-Haul Flights)

>, what has taken over in the big jumbo market? The "big jumbo market" itself has shrunk in demand and was made less relevant by the newer generation of long-range fuel-efficient (but smaller) planes like Boeing 737Max/777/787 and Airbus A330. Airbus originally projected sales of 1200 A380s in 2005 but only sold ~300 so far. The "missing" 900 sales happened because many airlines rejected A380s designed for hub-&-spoke in favor of smaller planes designed for point-to-point. The youtube channel Wendover has lots of educational videos about transportation and he has a 10 minute video about the different economics of Airbus A380 vs Boeing 787: [this video]

You might enjoy watching [1]. TLDR: There's a ~20 year lead time on a radical new plane design. The A380 is designed for an airline industry dominated by 'hub-and-spoke' airlines (where a large plane can make efficient use of expensive landing slots at busy airports), while the 787 Dreamliner is designed for an airline industry dominated by 'point-to-point' airlines (where a small plane can avoid the busy airport and expensive landing slot by serving smaller airports). 20 years after they were both conceived of, it's looking like the hub-and-spoke model is the future. Oh, there's still some demand for such a plane, and some routes are busy enough to benefit from it. But if there isn't enough demand to keep the production lines open, the production lines get closed, leaving existing operators high and dry. That fact makes operators nervous to place orders, which is of course a vicious cycle. [1] [this video]