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New Airbus boss: Woes due to weak dollar
AP ^
| Oct. 10, 2006
| LAURENCE FROST
Posted on 10/10/2006 6:44:10 AM PDT by Righty_McRight
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To: Paleo Conservative
To: Righty_McRight
Airbus is floundering....it's Bush's fault.
To: Toddsterpatriot; Mase; expat_panama; nopardons
I think (in reality) it's a lame excuse, but it's funny on many levels. Wasn't a strong dollar prima facie evidence of our manufacturing prowess?
4
posted on
10/10/2006 6:47:42 AM PDT
by
1rudeboy
To: Righty_McRight
Yep, it's not your lousy airplane made by lazy, ungrateful workers, it's mine and George W. Bush's fault.
I'll stick with a good, solid, safe Boeing if you don't mind.
5
posted on
10/10/2006 6:50:15 AM PDT
by
garyhope
(It's World War IV, right here, right now courtesy of Islam.)
To: Righty_McRight
"Airbus took orders for 226 jets through Sept. 30, compared with the 723 announced by Boeing for the year through Oct. 3."
I guess Boeing wasn't informed of the dollar "collapse".
6
posted on
10/10/2006 6:50:23 AM PDT
by
poobear
(Political Left, continually accusing their foes of what THEY themselves do every day.)
To: Righty_McRight
"Airbus' principal handicap vis a vis Boeing is the dollar that has collapsed,"When did the dollar "collapse"? Was it when the Euro was issued at $1.20? Or today, when it was worth $1.256?
7
posted on
10/10/2006 6:53:16 AM PDT
by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts.)
To: poobear
Just goes to show that free trade works better than EU mercantilism, for we all have about twice as many dollars and Europeans have Euros, and we don't have 10% unemployment, either.
8
posted on
10/10/2006 6:56:06 AM PDT
by
ClaireSolt
(Have you have gotten mixed up in a mish-masher?)
To: Righty_McRight
This confirms the fact that we need a weaker dollar to compete.
Americans are doing everything they can to weaken the dollar - unbridled consumption, no savings.
But the dollar keeps holding its own for the past year or more.
This strengthens the protectionsists in Congress Schumer et al.
And scares the Chinese to death that the Dems may win control.
BUMP
9
posted on
10/10/2006 6:57:50 AM PDT
by
capitalist229
(Get Democrats out of our pockets and Republicans out of our bedrooms.)
To: ClaireSolt
My friends in Amsterdam, Sweden, UK and elsewhere think I live in a mansion. (2,600 sq. ft 4 bdrm) They make twice the money my spouse and I do and live in under 1,000 sq. ft. IF they can find it.
God Bless America!
10
posted on
10/10/2006 6:59:14 AM PDT
by
poobear
(Political Left, continually accusing their foes of what THEY themselves do every day.)
To: Righty_McRight
Here's the problem for Airbus: they gambled on the A380 and lost
BIG TIME. Airbus should have developed what is now the A350XWB instead like six years ago to better challenge the Boeing 777. By quieting down the planes with improved high-bypass engines and quieter engine nacelles, Airbus could have built a plane that could operate from even very noise-restricted airports like London Heathrow nearly around the clock, reducing the pressure on landing slots.
But yet, Airbus does have its highly successful program, namely the A320 Family of single-aisle airliners. Now well-liked by passengers and flight crews the A320 continues to be a good seller even today.
To: Righty_McRight
Uh....ever heard of hedging?
12
posted on
10/10/2006 7:03:54 AM PDT
by
12B
To: Toddsterpatriot
When did the dollar "collapse"? Was it when the Euro was issued at $1.20? Or today, when it was worth $1.256? The Euro was issued pegged to European currencies, and IIRC it came out at about 1:1 with the dollar. It dipped to costing 80+ cents for a while, then a few years ago the dollar collapsed, bringing it to where it is now.
To: Righty_McRight
The Dollar was a lot stronger before the Europeans attacked it by creating the Euro. So if the problem is a weak dollar didnt they create their own problem.?
I know my heat bleeds purple urine for them.
14
posted on
10/10/2006 7:13:35 AM PDT
by
sgtbono2002
(The fourth estate is a fifth column.)
To: Righty_McRight
Perhaps the Euro is overpriced?
15
posted on
10/10/2006 7:13:47 AM PDT
by
gridlock
(The 'Pubbies will pick up at least TWO seats in the Senate and FOUR seats in the House in 2006)
To: sgtbono2002
Heat should be heart--sorry.
16
posted on
10/10/2006 7:14:00 AM PDT
by
sgtbono2002
(The fourth estate is a fifth column.)
To: 1rudeboy; Toddsterpatriot
I think (in reality) it's a lame excuse Lame indeed. If you can't deliver the product you promised in the time frame guaranteed, you can always blame the Americans (weak dollar). I was skeptical when I read where a Boeing executive stated that Airbus was now a decade behind Boeing. After reading Airbus' excuses, I'm inclined to agree with Boeing.
Didn't we read on another Airbus thread that Airbus was pricing their products in dollars? If so, wouldn't they be doing this to compensate for their stronger currency? Or wouldn't that matter?
17
posted on
10/10/2006 7:20:49 AM PDT
by
Mase
To: Righty_McRight
thass right folks, the wiring mismatch, overweight problems and structural wing failures weren't caused by bad system engineering, mismatching CAD software and the lack of a modern virtual mockup: the problems were *clearly* caused by a dollar that is *weaker* than the euro.
everyone knows that for europe to function properly *europe* must be allowed to be weaker in everything!
if the euro were weaker, it would be able to spend *more* european taxpayer's money in order to have bad system engineering, mismatching CAD software, and the lack of a modern virtual mockup.
18
posted on
10/10/2006 7:23:36 AM PDT
by
chilepepper
(The map is not the territory -- Alfred Korzybski)
To: capitalist229
Americans are doing everything they can to weaken the dollar - unbridled consumption, no savings. If we spend all our money on consuming and don't save, how is it we own more in per-capita assets than any other country? Also, if we don't save or invest, how does our net worth continue to increase so rapidly? It's more than doubled since 1995.
19
posted on
10/10/2006 7:26:44 AM PDT
by
Mase
To: antiRepublicrat
and IIRC it came out at about 1:1 with the dollar.You recall incorrectly. It came out at $1.20. Now it's $1.25.
20
posted on
10/10/2006 7:28:08 AM PDT
by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts.)
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