It’s been a dead rocket walking for many months, but with the new merger in Europe, it’s almost certainly in for a design change.
But they’re still betting that SpaceX won’t get reusability, which I think is a bad bet.
[Update a few minutes later]
Here’s more from ExtremeTech:
Curiously, despite Airbus and Safran announcing a partnership to develop a new line of launch vehicles, there’s no explicit mention that these launchers will be reusable. It’s also worth noting that Airbus/Arianespace is already fairly far down the path towards developing its next-gen Ariane 6 launcher, which will be smaller than Ariane 5 (and thus cheaper), but still eschewing any reusable elements. SpaceX has a sizable lead in the field of cheap, reusable space launch vehicles, and in the next few years we will hopefully see it drive that advantage home.
Yup. Looks to me like it’s still too much of a jobs program to be competitive.