From Market Watch article on the delay of the X2 project.
"New helicopter technology is waiting on a market that's not going to happen for decades," said aircraft analyst Richard Aboulafia of the Teal Group, a Washington-area consulting firm, in a Friday telephone interview.
What a strange remark.
Is he is saying that technological advancements do not create markets?
If this is the attitude of the industry then it's no wonder that the American Helicopter Society didn't publish my provocative letter. Perhaps they believe that rotorcraft is a 'sunset industry'.
Is this an example of technologically driven capitalism being replaced by monetaristically driven capitalism?