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Keyword: mismangement

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  • Turbulence around superjumbo brings grand European project down to earth

    06/16/2006 8:38:35 AM PDT · by Paul Ross · 20 replies · 1,330+ views
    The Guardian ^ | 6/16/2006 | David Gow
    A month ago, the world's largest passenger plane, described by one over-excited spotter as "bloody enormous", made a triumphant debut at London's Heathrow. Now, in two days, the double-decker A380, which can carry 840 passengers, has fallen to earth. EADS, majority owner of the superjumbo's maker, Airbus, lost €5bn (£3.4bn) or a quarter of its market value this week.