Tuesday, June 13, 2006

More Airbus vs. Boeing

Ouch and Double Ouch for Airbus.

Airbus will give civilization a great plane in the A380, but the word is still out on whether they will ever make any money on it. For those who don't get why that is a big deal or not, consider the history of the Concorde program. Sure it was a great achievement, but it wasted billions of dollars ferrying pampered individuals between New York and London or Paris for a couple of decades and only to wind up with a couple of large museum pieces. A colossal waste of resources. Beautiful and thrilling, but a waste nonetheless. In economic terms, all the money spent on the Concorde over the years was merely shuffled around from place to place and person to person, nothing was created. Lets hope A380 is not a repeat, the aviation museums are getting crowded.

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