According to an article posted today at the Seattle Post-Intelligencer Website, the turnover of leadership at Airbus and its corporate parent, EADS, has been positively received by an aviation analyst who praised the aircraft manufacturer for moving quickly to address a highly publicized crisis over a delay in the delivery of the A380 superjumbo airliner. The companies were also faced with an international controversy relating to loss of shareholder value at EADS and investigations concerning the sale of stock by the then-Co-Chairman of EADS, Noel Forgeard.
The article said that, although Boeing could stand to benefit from recent disarray at Airbus, the latter's rapid recuperation might soon pose renewed challenges to the Seattle company in the form of a better-designed successor to the current version of the Airbus A350.
For its part, Boeing has declined to officially comment on developments at its chief competitor in its commercial airliner business.
"Airbus is fumbling and stumbling and bumbling, and everything is going right for Boeing at the moment, so it's going to take years for Airbus to recover," said aviation analyst Scott Hamilton.
But Hamilton lauded Airbus for moving swiftly getting rid of managers who seemed to be responsible for the snafus. He noted that it took Boeing years to recover from its own production crisis in the late 1990s.
[Edited 2006-07-04 03:45:41]