[Righty_McRight]

Ping

[kittymyrib]

Airbus is floundering....it's Bush's fault.

[1rudeboy]

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?

[garyhope]

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.

[poobear]

"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".

[Toddsterpatriot]

"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?

[capitalist229]

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

[RayChuang88]

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.

[12B]

Uh....ever heard of hedging?

[sgtbono2002]

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.

[gridlock]

Perhaps the Euro is overpriced?

[chilepepper]

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.

[Paleo Conservative]

Bush's fault.

Ben Bernanke
Chairman of the Federal Reserve

If you want on or off my aerospace ping list, please contact me by Freep mail.

[DownInFlames]

How about a weak brain. There is no one else to blame except Airbus' Management.

[Covenantor]

Sounds like a real French Man with a Plan. Read his CV
__________________________________________

FROM OBSCURITY TO THE SPOTLIGHT

Born in Montauban in the southwest of France, Gallois graduated from the École des Hautes Études Commerciales and also attended the École Nationale d'Administration. Beginning in 1972 he worked in relative obscurity in various

Louis Gallois.

AP/Wide World Photos

. posts for France's Ministries of Economy and Finance, Research and Industry, and Defense. In 1989 he emerged in the spotlight when he was named head of the Société Nationale d'Étude et de Construction de Moteurs d'Aviation (Snecma), a state-run enterprise involved in developing and manufacturing civil and military engines for Mirage jet fighters and Airbus airliners.

Gallois made a good first impression on colleagues. He visited the company's factories on the periphery of Paris and appeared to be more businesslike than his predecessor had been. Over time, however, critics noted that Gallois was unsuccessful in resolving many of Snecma's basic problems, including an overabundance of workers, inflexible work practices, protectionist pricing, and corporate extravagance.

In July 1992 Gallois was appointed chairman and CEO of Aérospatiale, the state-subsidized company involved in France's aerospace and defense industries. Although widely credited with extensive restructuring and cost cutting, Gallois could not keep the company from losing money on an epic scale. Many analysts noted that Gallois was hindered by the fact that the industry was precariously divided between state and private ownership. Nevertheless critics of Gallois, as noted by Ian Verchere in the European, complained that he "failed to transform" the business "into a profitable operation while continuing to call on the state for lavish injections of capital to stave off bankruptcy" (April 18, 1996). For his part Gallois accused the French government of endlessly vacillating over whether to provide the additional funding that he needed to institute privatization and a new economic order within the company.

[cookcounty]

Typical French, blame the Americans for all your stupid problems.

They built the A380 to show off, not because it made business sense, now the flying white elephants are coming home to roost---and it's quite a crunch.....

[Moose4]

Yyyyyyyeeeah. The dollar vs. the euro made you guys make bad strategic decisions with the A350 and A380, and kept you from standardizing your CAD/CAM platforms across your plants in France and Germany. Got it. Riiiiiight.

}:-)4

[CFC__VRWC]

We need to revise the old "four envelopes" joke about the CEO under fire, where the outgoing CEO advises the new guy to open an envelope every time there's a crisis. The notes in the envelopes go something like;

1. Blame your predecessor.
2. Blame your staff.
3. Blame the software
4. Prepare four envelopes....

From here on out, the fourth envelope should say;

"Blame George Bush and the Americans."

[traviskicks]

airbus will fail cuz it is under political control and governments can't run businesses.

[headstamp]

"PARIS - The new chief executive of Airbus pledged job cuts at the troubled planemaker and said Tuesday that its biggest handicap against rival Boeing is the weak dollar, not deep production delays for its superjumbo."


Whistling passed the graveyard I see.