Monday, June 26, 2006

Another failed attempt at state capitalism laid off on European taxpayers

A year and a half later, things could not have
turned out more differently. Far from
establishing Airbus's dominance over its US rival
Boeing, orders for the A380 have stalled at just
over 150.

Against this came a bombshell that could wreck
the company and even threaten the French
government.

Europeans are all partners with their bummints
now.

Full report.