To: Prophet in the wilderness
With the airbus being 2 billion over-budget, and less than half the orders needed just to break even, and no hope in sight to get those other half, what investors would put up their money for that risk?
As I have said before, the airbus people had better watch who they accuse of being subsidized, because it is awfully clear they are.
I wouldn't be surprised if the airbus 380 becomes a museum curiosity piece.
To: Nathan Zachary
Ohhh .. believe me.... once they ( if they ever do ) get this Aflop-380 to the point were it is profitable ( that is a BIG IF ??? ) .... by that time, the whole program will reach $ 20 BILLION in cost... and probably only have sold 200-250 airframes.
We can be assured, that the EU will drop more money into the bottomless pit of a program as the Aflop has become.
This will probably go down in history as the biggest " WHITE ELEPHANT " of a project and program in civil aviation.
It looks to me, that those potential costumers who would have bought the Aflop-380 are getting the jitters and are having 2nd thoughts about buying the Aflop-380, and the 747 Advanced will surely take away a few sales from the Aflop-380.
It looks as thought, AirRUST is not going to sell as many Aflop-380's as they thought they would.
I am looking at this whole situation as a whole , as I look at it as the EU's problem, their economies and everything, Germany's unemployment at 14 %.
9 posted on
06/06/2005 11:57:17 PM PDT by
Prophet in the wilderness
(PSALM 53 : 1 The ( FOOL ) hath said in his heart , There is no GOD .)
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