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Old 26th Nov 2007, 00:55
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GMDS
 
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Nobody forces Airbus to sell in USD. They can state their price in Euros and if their product is as good as they pretend, they'll sell it.
It has been said before, Porsche and BMW make some wonderful cars, produced in the EU and sold worldwide, and they make nice profits. Fiat was lost in the Italian undebrush until they made a fine product facing asian dumping competition and now they're top again.
Instead of blaming the greenback and letting it's employees brunt the burden, Airbus has to get it's act together:
- The 340-500/600 line is a fuel guzzler, admitted by AB. They refraimed from upgrading these birds (no engineering capacity), but compensate new customers, so more loss than profit and very little orders.
- The A380 might be a success in the distant future. Actually it flies with a huge deficit due to engineering flaws (cables) and still with way too few orders .
- The A350 is only on the drawing board. Before it will make one dollar/euro profit in the even more distant future, the world currency circus might look completely different.
The A320 line works fine, unfortunately in the low profit bracket, and the only really profitable bird for AB and the airlines, the A330, can no longer be sold in sufficient numbers to compensate the loss makers.
The whining of the Airbus executives is just a pathetic cry for subsidies to the EU, as thousands of other businesses who sell worldwide could do.
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