[CharacterCounts]

I recall all the fuss when the U.S. declined to subsidize a supersonic passenger liner. Lots of naysayers back then were claiming the Europeans would take the lead a kill the U.S. air industry. Of course, the Concorde has been a huge white elephant generating losses since its introduction.

Now we have several European nations claiming early victory because their combined subsidies have created an airplane which can carry more passengers than a 35 year old 747.

One rule of economics hasn't changed, however. That is if you can't find private financing for a project it probably isn't commercially viable. I am anxious to see the profits from the airbus vs. the profits of Boeing has to offer in 2010.

[Happy2BMe]

"One rule of economics hasn't changed, however. That is if you can't find private financing for a project it probably isn't commercially viable. I am anxious to see the profits from the airbus vs. the profits of Boeing has to offer in 2010."

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Posted #36 by Reaganesque: