I have a lot of respect for European engineers. I don't have any for European economists. If this plane is a bust, it'll be because of economics (same as the Concorde).
Well, von Hayek and von Mises were European economists. Respect could be given to them without embarrassment. As far as engineering goes - quite a lot of the stuff there gets over-engineered, to the detriment of the user. For an example, iDrive(?) BMW package jumps to mind.