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Topic: Airbus Shake-up Faces Delays
Username: BoomBoom
Posted 2007-09-20 08:31:26 and read 1706 times.

Quote:
The restructuring of Airbus looks set to be delayed after the chief executive of EADS, the plane-maker's parent company, said that none of the companies bidding to buy or invest in its European factories had made acceptable offers.

Speaking yesterday evening, Mr Gallois said none of the offers "were sufficient" but denied this would mean a "delay" in Power8 as Airbus never set a timetable for it. However, it was always expected that the company would agree on the future of the sites by November, and this now looks unlikely.

"Our intention is to announce news about the sites all at the same time. We are under no pressure to sell because these are not loss-making sites. We will continue discussions [with investors]," he said. He did not believe that the credit crunch and investors' ability to raise money would affect the next round of bids.

http://www.telegraph.co.uk/money/mai...=/money/2007/09/20/cnairbus120.xml

... but denied this would mean a "delay" in Power8 as Airbus never set a timetable for it.

Sounds remarkably similar to the Boeing denial that they missed the date for the 787 first flight. I guess there's a method to the madness. If you never announce a timetable you can never have a delay.

Topic: RE: Airbus Shake-up Faces Delays
Username: Oldeuropean
Posted 2007-09-20 10:08:32 and read 1564 times.

Quoting BoomBoom (Thread starter):
Sounds remarkably similar to the Boeing denial that they missed the date for the 787 first flight. I guess there's a method to the madness. If you never announce a timetable you can never have a delay.

I would say there is a big difference between the dates for a first flight and the timetables of a restructuring of a company.  Wink

Axel

Topic: RE: Airbus Shake-up Faces Delays
Username: XT6Wagon
Posted 2007-09-20 17:29:49 and read 1320 times.

Quoting Oldeuropean (Reply 1):
I would say there is a big difference between the dates for a first flight and the timetables of a restructuring of a company.

Why? Airbus so far has survived the delay in the first flight of the A380... but can it survive selling planes based on Power8 cost reductions without said cost reductions?


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