PPRuNe Forums - View Single Post - WSJ Column: How Airbus Lost Its Bearings
View Single Post
Old 24th May 2006, 18:07
  #5 (permalink)  
Wizofoz
 
Join Date: Jun 2001
Location: Boldly going where no split infinitive has gone before..
Posts: 4,785
Received 44 Likes on 20 Posts
It's easy to make such profits with roughly 50% earnings in defense sector.
This is often saod about Boeing, but seems to imply making money out of defense contracts is some kind of subsidy. Boeing earn money from the military by making products the military want to buy! What the hell's wrong with that?

EADS like the idea and are trying hard to emulate it.
Wizofoz is offline