The Airbus A380 is the biggest plane in the sky, but some wonder just how many more airlines will want to purchase the iconic jumbo jet.

Qantas has been making headlines after its CEO said the airline wasn’t looking to purchase additional A380s. Qantas has 12 A380s and already has 8 on order.

Here’s what the Australian Business Traveller reported:

“Speaking at the CAPA Australia Pacific Summit 2016, Joyce said that Qantas is “continually pushing those aircraft (deliveries) out, so our intention is that we’re not taking those aircraft.â€

“We have 12 aircraft and the 12 aircraft we have are fantastic aircraft and actually serve the missions we have,†Joyce continues.

“We believe there’s a network for 12: it’s very good and it works very well. We struggle with a network for the next eight, so that’s why we keep pushing them back.â€

While the orders haven’t been cancelled outright, Joyce says they’ll sit on the books for at least the next 10 years but the airline won’t make good on them, instead preferring to “keep on pushing them outâ€.

Bottom Line:

The manufacturer’s suggested retail price for an A380 stands at $428 million, more than the Boeing 747 and 777. While airlines usually wouldn’t pay this price, and would typically receive a discount, if the demand for a 400-plus person plane isn’t there, it wouldn’t make sense for an airline to make additional purchases.

The jumbo jet may be on the demise as airlines prefer more fuel-efficient planes with fewer engines. Reports a few weeks ago suggested Boeing may end production of the 747, an A380 rival, altogether.