September 14, 2006
WHY RUSH NEW COKE TO MARKET?:
BAE chief says he expects more delays in Airbus A380 (USA Today, 9/14/2006)
European planemaker Airbus may further delay delivery of its superjumbo A380 airliner amid rising production costs, Mike Turner, CEO of British aerospace and military giant BAE, said Wednesday. [...]Posted by Orrin Judd at September 14, 2006 8:06 AMShares of EADS fell 2.5% on Wednesday to $29.50. The stock has lost 27% this year on investors' concerns about delays on the A380 and about development of the new A350 to challenge Boeing's successful 787 Dreamliner.
Comments
I hope they come up with something better than spending $10 billion to have one plane to fly their employees around in circles with...oh wait, that sounds like a gov't project,(ie. Space Shuttle), so that kinda sounds normal.
Posted by: KRS at September 14, 2006 10:13 PM