Not cutting it
Posted by Greg on June 15, 2006
Some time ago both Mick and I discussed the impending launch of the Airbus A380. I was underwhelmed and Mick was downright skeptical. Sample thoughts are here and here.
Well, it looks like Mick's skepticism was well founded.
Shares in European Aeronautic Defense and Space, the parent company of Airbus, fell sharply on Wednesday after another delay in the delivery of the new double-decker A380 airplane raised questions about the company's management and strategy.…
And while we're at it:
Airbus parent company EADS will launch a probe into the latest delays of the superjumbo A380, its co-chairman said in an interview published Thursday, amid mounting questions about the company's management and stock sales earlier this……
When Mick is right, he's very much so, and this is one of those times…
