Cheers to the A380

Well, the Airbus A380 flew into JFK today on its maiden voyage across the Atlantic. I'm sure it was a site to behold and I wish I was there to see it. I'm sure it is a majestic plane, but I am not sure that majesty was the best use of Europeans' tax dollars. I hope the market embraces the A380 and it proves to be a commercial success to operate, but that is far from a guarantee. We might well have yet another elephantine monument to vein politicians on our hands, but for now I will raise a glass to this plane. Unfortunately the fate of the A380 depends, to a great degree, on the price of oil.