The new 800-passenger Airbus A380 was launched last week as the world's biggest commercial airliner. The £6bn aircraft has a wingspan of some 80m, is 73m long and 24m tall, has a maximum speed of 1078km/h and a range of 14,802km. With 149 orders so far, the Airbus needs 250 to turn a profit. The A380 is 13% more fuel efficient than the Boeing 747 and the use of new materials has made it 10t to 15t lighter.
Australian contractor Multiplex is joining the bidding for the £1.5bn project to rebuild the Elephant & Castle retail complex in south east London. The 1960s shopping complex is to be replaced with 74,320m² of new shops, bars and other leisure facilities, 4,645m² of public facilities and 5,300 homes. Southwark Council will pick a preferred bidder by the end of this year.