BoomBoom
Topic Author
Posts: 2459
Joined: Fri Nov 04, 2005 2:26 am

Forgeard Named Most Influential Person Of Year

Fri Jan 26, 2007 10:16 am

A fascinating article from Commercial Aviation Report:

Quote:
Although not responsible for the entire A380 catastrophe, which spans all levels, Forgeard's failure to tackle problems as they occurred, and his inability to execute much needed change and direction, as well as his outright denial about what was truly going on with the A380, in addition to insider trading alle-gations, make him CAR's person of the year.

http://www.leeham.net/filelib/Forgeard.pdf

The article touches on many subjects such as why cancellation of the A380 is not an option for the airlines who ordered it.

How minor problems with wiring were allowed to fester due to bad management.

Why SQ and QF ordered additional ones (out of urgent capacity need rather than due to the performance of the aircraft).

Forgeard also blamed John Leahy in press reports for the poor sales of the A350, before it became the A350XWB.

[Edited 2007-01-26 02:16:42]
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LMP737
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Joined: Wed May 08, 2002 4:06 pm

RE: Forgeard Named Most Influential Person Of Year

Sat Jan 27, 2007 12:19 am

Quoting BoomBoom (Thread starter):
Forgeard also blamed John Leahy in press reports for the poor sales of the A350, before it became the A350XWB.

Makes you wonder what sort of relationship they had when they worked together.
Never take financial advice from co-workers.
 
BoomBoom
Topic Author
Posts: 2459
Joined: Fri Nov 04, 2005 2:26 am

RE: Forgeard Named Most Influential Person Of Year

Sat Jan 27, 2007 12:32 am

Quoting LMP737 (Reply 1):
Makes you wonder what sort of relationship they had when they worked together.

It also make you wonder what kind of relationship he had with other execs:

Quote:
Forgeard has been quick to blame the delays on the Hamburg plant and Airbus’ ex-CEO Gustav Humbert, who resigned along with Forgeard after the disclosure of the first A380 production delays.

Forgeard told a group of analysts that he when worked for Airbus, “we never missed our targets”. Later, Thomas Enders, the co-CEO of EADS, said Forgeard’s claims about Hamburg and Humbert are “nonsense”. Enders has also stated in regards to Forgeard’s allegations of insider trading that Forgeard was either stupid or a crook.

While Forgeard’s finger pointing and know-itall behaviour makes for highly entertaining reading, it only draws attention to the underlying problems at this multinational consortium that he should have been addressing.
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