jeffrey0032j wrote:Jetport wrote:Not sure this is the best thread for this link, and WSJ likely has paywall. Basically says what we know, Airbus is forcing many customers to take planes even if it risks their relationships and the airlines solvency. Sounds like this is coming straight from Faury.
https://www.wsj.com/articles/airbus-boe ... od=itp_wsj"But in severe downturns airlines and aircraft leasing companies threatened by bankruptcy expect some flexibility. Airbus has shown little.""Airbus’s rigid approach carries big risks, and some Airbus executives privately worry it threatens long-term relationships with carriers just as demand starts to return."
I had mentioned the issue of goodwill that Boeing provided the airlines vs Airbus had during this crisis earlier in this thread (8 months ago), and a short discussion followed. Seems like industry players are starting to feel the effects.
My view is, Airbus is basically becoming the arrogant Boeing back in early 2000s when Boeing supposedly ignored a few new airlines, some of which have large Airbus fleets now.
It's interesting this comes up now. Early in the pandemic it was clear Airbus was taking a hard line. There was a report that Airbus was filing papers in court in cases where customers were not living up to contractual obligations. Such actions seemed to be tone setters to let the market know they weren't going to be lenient with their customers. The fact they've maintained a relatively high production rate shows the strategy is working from their point of view if not the customer's.
I'm not sure I'd use the word arrogant in this case. It's not like Airbus hasn't suffered during the crisis. They've had meaningful layoffs and production cuts and have had to deal with some "problem" customers, including perhaps a few of their own creation. In particular they seem to be a big creditor in the AAX bankruptcy.