Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (33176)	5/7/2003 3:00:38 AM
From: Raymond Duray	Read Replies (2) of 74559

elmat, Re: Airbus, its main business, earns all of its revenue in dollars. Interesting. Any idea how this came about? Airbus is currently concerned about a new turbo-prop transport that it wants to sell, and the stumbling block is a U.S. Congressional veto on provisioning the Pratt & Whitney jets that are the alternative and apparently previously designated engine. I'd think "old Europe" would not only want to get rid of the threat from the U.S. fascists over provision of the P&W powertrain, but also get rid of the USD as the medium of exchange. Thoughts?

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