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The Escalating Woes at Airbus (Schadenfreud)
Business Week ^
| MARCH 30, 2006
| Carol Matlack
Posted on 03/31/2006 10:56:19 AM PST by SW6906
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If Boeing can succeed in keeping Airbus from getting low or zero interest "loans" that don't have to be paid back if the product doesn't break even, Airbus is in BIG trouble. They can't afford to do this without subsidies.......
1
posted on
03/31/2006 10:56:20 AM PST
by
SW6906
To: Paleo Conservative
2
posted on
03/31/2006 10:56:48 AM PST
by
SW6906
(5 things you can't have too much of: sex, money, firewood, guns and ammunition.)
To: phantomworker; safisoft
3
posted on
03/31/2006 10:57:29 AM PST
by
SW6906
(5 things you can't have too much of: sex, money, firewood, guns and ammunition.)
To: COEXERJ145
4
posted on
03/31/2006 10:58:11 AM PST
by
SW6906
(5 things you can't have too much of: sex, money, firewood, guns and ammunition.)
To: SW6906
Subsidies are against WTO rules, no?.......
5
posted on
03/31/2006 11:00:48 AM PST
by
Red Badger
(I must not fear.Fear is the mind-killer.Fear is the little-death that brings total obliteration.....)
To: Proud_USA_Republican
6
posted on
03/31/2006 11:01:41 AM PST
by
SW6906
(5 things you can't have too much of: sex, money, firewood, guns and ammunition.)
To: SW6906; safisoft
Thanks for the ping. I just love these articles. ;)
7
posted on
03/31/2006 11:05:11 AM PST
by
phantomworker
(You are what you think you are......Qu’est que c’est)
To: Red Badger
The whole argument lies in the definition of the word "subsidies". My understanding is that Boeing's position is that low or zero interest government "loans" that don't have to be paid back if the product is unsuccessful are clearly subsidies. Airbus tries to cloud the issue with defense contract work that Boeing does and the resulting technology development being used in commercial aircraft is a subsidy. Problem is, Airbus (through EADS) does the exact same thing!! Also, the tax breaks and other stuff Boeing gets from WA state are the same as the tax breaks and road building and canal dredging Airbus got from the Euros.
The only thing I can see that Airbus gets and Boeing does not is the access to below-market "loans".
8
posted on
03/31/2006 11:05:44 AM PST
by
SW6906
(5 things you can't have too much of: sex, money, firewood, guns and ammunition.)
To: SW6906
That's "Schadenfreude" -- you pronounce the "e" at the end.
To: SW6906
This is gonna send the Aribust defenders into a tailspin.
10
posted on
03/31/2006 11:07:33 AM PST
by
AxelPaulsenJr
(More people died in Ted Kennedy's car than hunting with Dick Cheney.)
To: Red Badger
Subsidies are against WTO rules, no?....... They just have to redefine the money so it's not a subsidy.
To: Red Badger
12
posted on
03/31/2006 11:08:17 AM PST
by
1rudeboy
To: antiRepublicrat
Kinda like campaign contributions......
13
posted on
03/31/2006 11:09:14 AM PST
by
Red Badger
(I must not fear.Fear is the mind-killer.Fear is the little-death that brings total obliteration.....)
To: AxelPaulsenJr
Airbust defenders on this site?!?
I havent seen that....
14
posted on
03/31/2006 11:17:24 AM PST
by
CitadelArmyJag
("Tolerance is the virtue of the man with no convictions" G. K. Chesterton)
To: SW6906
THIS WILL MAKE YOU LAUGH - - NEWS FLASHBACK 11/22/04 - Subject A350 launch decision.
``It's Airbus's job to make life harder for Boeing and an A350 launch will do just that,'' said Richard Aboulafia, vice president of the Teal Group, a Fairfax, Virginia-based consulting company. ``The 7E7 (787) business case is not sewn up yet.''
To: Red Badger; phantomworker; safisoft; Paleo Conservative; Proud_USA_Republican
16
posted on
03/31/2006 11:20:40 AM PST
by
SW6906
(5 things you can't have too much of: sex, money, firewood, guns and ammunition.)
To: SW6906
17
posted on
03/31/2006 11:25:50 AM PST
by
VOA
To: CitadelArmyJag
"Airbust defenders on this site?!?"Prolly find lots of them over at DU!
18
posted on
03/31/2006 11:27:27 AM PST
by
Redbob
To: SW6906
A380 flop
Herkules flop
Tiger flop
Eurofighter flop
Galileo flop
Yet they just have an endless supply of cash. Hmmmmmmm must be nice. And of course they will have massive investment into an accelerated development of the A350.
What will the Europeans do? Deny the fact that EADS is heavily subsidiesed, make counter accusations, keep moving on.
19
posted on
03/31/2006 11:31:40 AM PST
by
Red6
To: CitadelArmyJag
You must not come on these Airbus threads much.
20
posted on
03/31/2006 11:34:30 AM PST
by
AxelPaulsenJr
(More people died in Ted Kennedy's car than hunting with Dick Cheney.)
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