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Airbus SE’s A380 superjumbo faces the ignominy of being broken up for spare parts if second-hand operators for the oldest jets can’t be found in coming months.

The double-deckers could be “parted out” to recover engines and other spares worth at least $100 million per plane, according to German fund manager Dr. Peters, which owns four A380s due to be returned between October and June by Singapore Airlines Ltd. following the expiry of 10-year lease deals.

At the same time, talks are continuing with six potential operators of the jets, including an Asian low-cost airline that would fly them in a 700-seat single-class layout, Chief Executive Officer Anselm Gehling said in an interview. Prospective users also include carriers in the U.S., which has so far eschewed the model, and Europe, where British Airways owner IAG SA is continuing to evaluate deploying used A380s at airlines within the group, he said.

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