Article

2007-02-28 Europe

Airbus to Slash 10,000 Jobs; US to blame

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Posted by Nimble Spemble 2007-02-28 12:36|| || Front Page|| [4 views since 2007-05-07] Top

#1 What kind of corporate culture did you expect to foster when you put your headquarters in a city called "Too Loose"?

I don't know if the vulture image is appropriate here because this cluster is not going to go away as long as it's government-subsidized. I vote for popcorn though because it's damn entertaining!

Posted by Dar">Dar 2007-02-28 14:31|| 2007-02-28 14:31|| Front Page Top

#2 Too little too late. remember the water tight hatches on the Titanic only reached the 5th deck and look at what a success that was......
'Course the dollar was stronger in 1912 too..

Posted by USN, Ret. 2007-02-28 16:11|| 2007-02-28 16:11|| Front Page Top

#3 Actually the dollar was a lot weaker (at least versus the UK pound) in 1912.

Posted by phil_b 2007-02-28 16:27|| 2007-02-28 16:27|| Front Page Top

#4 "Airbus has been badly hit by the weakness of the U.S. dollar -- the currency in which its planes are priced"

Whaaa?? If not for the biggest ticket items produced by the common market, what's the farkin point of the perfectly engineered, centrally planned, diversely uniform ~~notdollar~~ euro, then? The EU taxes, regulates, and subsidizes the shit out of everything -- skimming rather heavily off the top in the process -- and then price it in dollars. Duh!

Posted by exJAG 2007-02-28 16:31|| 2007-02-28 16:31|| Front Page Top

#5
contract work to dollar-linked economies as part of the restructuring effort.

They will manufacture Airbus in the USA?

Posted by JFM">JFM 2007-02-28 16:32|| 2007-02-28 16:32|| Front Page Top

#6 China

Posted by ed 2007-02-28 16:34|| 2007-02-28 16:34|| Front Page Top

#7 Dar, that's a turkey. Wild ones do fly but it seems the A380 won't.

Posted by Deacon Blues 2007-02-28 16:42|| 2007-02-28 16:42|| Front Page Top

#8 Whoops--my bad! Thanks!

Posted by Dar">Dar 2007-02-28 17:19|| 2007-02-28 17:19|| Front Page Top

#9 how many airbus are built in the US?

Posted by sinse 2007-02-28 21:18|| 2007-02-28 21:18|| Front Page Top

#10 A380? Zipo.

Boeing 787... quite a few. Most buyers that originally signed up with Airbus' A380 product line switched to B787 orders already.

Reason? B787 is not a vaporware. The pricing/conversion in/from USD has nothing to do with it, except that the TCO of B787 is cheaper.

Posted by twobyfour 2007-02-28 21:31|| 2007-02-28 21:31|| Front Page Top

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