On Sat, 1 Oct 2016 17:19:31 -0500, "Byker" <byker@do~rag.net> wrote:
>Boeing played Airbus megalomania beautifully in the 90's when they goaded
>them into committing to this albatross, while turning their focus to the
>point-to-point market for aircraft replacement and traffic growth forecasts.
>
>Airbus wanted SO badly to look like the next big thing in airplanes that
>they let their ego's get in front of their brains.
>
>There never was a successful business model behind this turkey, no matter
>how many seats you jam into it. If it weren't for the gulf states'
>government
>backing of their infrastructure and operating airline businesses (Emirates,
>Qatar, Etihad), who are ~75% of the A380 customer order book, this
>production program would have already been cancelled. Tim Clark, CEO of
>Emirates, is making the market for the A380 with about 55% of the total
>consolidated in one airline. Show me where that kind of market niche or size
>has ever been sustained, or will be??
>
>The socialist Europeans keep claiming that somehow Boeing 747s are
>subsidized, and yet it appears that the full $15B development was a subsidy,
>and that production might just break even, eventually.
>
>When bureaucrats make market decisions you get the Concord and now the A380,
>but when the government foots the inception and start-up costs Airbus isn't
>ever going to go broke...
Well writen and very balanced anaysis. True " 'merica fuck yeah"...
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