Have Airbus gone completely mad?
According to the BBC, Airbus have just announced a price rise of the A380. This smacks of desperation and further incompetence. After all, they can't build them, they can't sell them, airlines are struggling with high fuel prices - still, and they have not sold one in how long? It already costs $285 million and launch customers ILFC are even considering cancelling their orders!!! When was the last order announced, going on for two years and still 100 aircraft short of a break even point?
From the Beeb: According to the Financial Times Deutschland, the list price of the A380 - which will become world's largest airliner - rose by 4.7% to between 235.4m euros ($295.6m; £161.9m) and 251.6m euros ($316m; £173.1m) earlier this month.
Airbus have had a bad week and I'll bet Foregard is made to resign; after all, how could he not know their were going to be significant delays because it must have become apparent in the building of the first few machines? This was well before he sold his shares which makes him guilty of insider trading.
I know there are many detractors on this site, but are we looking at the biggest white elephant in aviation history??