3 month chart for Boeing.
Posted on 06/07/2005 10:39:47 AM PDT by quidnunc
After years of losing market share to its European rival, Boeing is now quickly making up ground. Its new Dreamliner looks to be a hit and Airbus seems to prefer squabbling to strategizing. Delays in manufacturing their super-jumbo A380 could turn the prestige project into the company's biggest-ever flop.
June 14, 2005 could have been a big day for Gustav Humbert, 55. The affable native of the German state of Lower Saxony had intended to make his first public appearance as the new CEO of Airbus at the upcoming Paris Air Show, the Aerosalon, at Le Bourget Airport near Paris. Moreover, he had also planned to announce major new orders worth billions of euros as well as his visions for the company's future.
Surrounded by supporters and aviation buffs from all over the globe, Airbus's top executive would most likely have then strolled over to the nearby Airbus visitor pavilion along the perimeter of the airfield to celebrate the next highlight of the day with a toast of champagne: the unveiling of Airbus's new super-jumbo, the A380.
But instead of a day filled with glory and triumph, however, Humbert's day next Tuesday is now likely to resemble a quick sprint through the gauntlet. Despite positive signals in May, Humbert still hasn't been named the first German ever to head Europe's largest aircraft manufacturer, and ongoing squabbles between German and French executives make it unclear when and if the announcement will eventually be made. And instead of chatting excitedly about the technical features of his company's various aircraft models with assembled industry experts, he'll likely be faced with a barrage of tough questions:
How is it possible that his appointment has turned into an embarrassing stalemate that's lasted for weeks?
How will the subsidy dispute with the US government — which the two sides formally took before the World Trade Organization early last week — affect Airbus's planned A350 long-distance jet and new projects in the future?
And whose fault is it that the planned delivery of the A380 mega-transporter has been delayed by months?
-snip-
Airbus is being as ponderous and slow as its new product.
Score one for the good guys.
Let the Frogs bail out Airbus...weenies..
"After years of losing market share to its European rival..."
You can't measure market share by orders. You've got to measure it by deliveries.
I would not say that Airbus has not been gaining market share by that measure. When you start a company from scratch, of course its market share is going to increase. It started from zero, and even .1% is greater than zero. But it would not be misleading to say that Airbus has always been far behind BA, using that measure of market share.
Boeing stock now over $65.00 a share reflects their renewed status as the worlds largest and foremost aircraft manufacturer. Airbus is losing stature quickly in the aviation world. Boeing stock is now the highest it has been in several years ... I know, I've had it for several years, riding it down to the $35.00 range, where I added some, all the way back up to $48.00 (where I jumped in initially) now up to $65.00 a share and climbing ... I'm a happy camper.
Do you recall who it was I had a bet with that this sucker would be delayed? I know it's a stretch, just hoping you can help.
That's their problem right there. They don't need to be strategizing, they need to be strategerizing.
good one.
3 month chart for Boeing.
I did a search for an Airbus financial chart but couldn't find one.
Germany and France are at war in EADS/Airbus. Der Spiegel has been unleashed to punish the French.
I found Airboss, Airbee, Arba etc but no Airbus. Hmmm, maybe that's their problem.
Like Airbus, it's all over Europe - pieces here, pieces there. Have to assemble it to get the whole picture....;)
I think Airbus is owned by EADS(80%) and BAE(20%). Look up their stock.
It's a division of EADS. I think that, plus government subsidies, plus every country in the EU having a say in what goes on in that company makes it at the very least unwieldy. It makes Boeing look like a paragon of efficiency.
Accepting $billions from a government seems like a no-brainer, but in reality it's the kiss of death.
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