A startup airline that wants to fly Airbus A380 planes between New York and London said it bought its first superjumbo

• British startup carrier Global Airlines said it has taken full ownership of an Airbus A380 aircraft.
• The company plans to launch transatlantic operations between the US and the UK "later this year."
• Experts have raised eyebrows at Global's business model given the A380's high operating cost.

British startup carrier Global Airlines said on Friday that it had fully acquired an Airbus A380 jet previously owned by China Southern Airlines.