Airbus launched the €9.5 billion ($10.7 billion) A380 programme on 19 December 2000. The first prototype was unveiled in Toulouse on 18 January 2005, with its first flight on 27 April 2005. It obtained its type certificate from the European Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA) on 12 December 2006. It was first delivered to Singapore Airlines on 15 October 2007 and entered service on 25 October. Production peaked at 30 per year in 2012 and 2014. However, Airbus concedes that its $25 billion investment for the aircraft cannot be recouped. On 14 February 2019, after Emirates reduced its last orders in favour of the A350 and the A330neo, Airbus announced that A380 production would end by 2021. The full-length double-deck aircraft, sometimes nicknamed the superjumbo, has a typical seating capacity of 525, though it is certified for up to 853 passengers. It is powered by four Engine Alliance GP7200 or Rolls-Royce Trent 900 turbofans providing a range of 8,000 nmi (14,800 km). As of December 2019, Airbus has received 251 firm orders and delivered 242 aircraft; Emirates is the biggest A380 customer with 123 ordered, of which 115 have been delivered. For more details on design, production, entry into service and variants proposed but not built, click here.