Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: LindyBill	3/29/2006 6:47:22 PM
	of 793917

The Euros have blown it again. Trillions of Euros of subsidies later, Airbus is in the tank. Airplane kingpins tell Airbus: Overhaul A350 ORLANDO, Fla. — Two of the world's most powerful airplane buyers yesterday said Airbus should completely rethink the plane it has proposed to compete against Boeing's strong-selling new 787. Steven Udvar-Hazy, probably the most respected figure in the global business of buying and selling airplanes, predicted the current version of Airbus' A350 would sell poorly and leave Boeing to dominate the lucrative market for midsized wide-bodies. He stunned a packed audience of some 700 aviation professionals here by calling on Airbus to scrap its existing A350 design and spend many additional billions on a brand-new airplane with a new fuselage and a new wing. "That's probably an $8 billion to $10 billion decision. Airbus is at a crossroads," said Udvar-Hazy, founder, chairman and chief executive of the second-largest airplane-leasing company, Los Angeles-based International Lease Finance Corp. Airbus had better make that decision before the Farnborough Air Show in England in July, he said. His remarks were endorsed by Henry Hubschman, president of the world's No. 1 lessor of airplanes. In an interview, he said he "completely" agreed with Udvar-Hazy's message. Read it all billmillan.blogspot.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next