Gar1G wrote:sxf24 wrote:VictorKilo wrote:This move by Airbus is as much about sending a signal to other airlines and customers that these tactics are unacceptable as it is about sending a signal to QR and AAB.
From my conversations with airlines and lessors, they get a clear message from Airbus: the customer-first days are in the past and the company is now prioritizing corporate finance. There’s a real sense Airbus is over leveraging its current, market-leading position and becoming quite arrogant. Boeing had a similar mindset before and generated the same kind of complaints.
Pride comes before a fall.
You do have a point here potentially and probably backed up by the WSJ article with the following excerpt.
https://www.wsj.com/articles/airbus-boeing-rivals-max-11626189853Mr. Faury spent the bulk of the pandemic trying to force his biggest and most loyal customers, some of whom were teetering on the brink, to live up to their ironclad contractual obligations.... Mr. Faury’s strategy is a break from past downturns. Airbus, under previous leadership, has traditionally been more willing to give its best customers flexibility on orders. Across industries, suppliers, landlords, even tax authorities all deployed a similar soft touch to accommodate the pandemic’s economic hit.Mr. Faury’s strategy is a break from past downturns. Airbus, under previous leadership, has traditionally been more willing to give its best customers flexibility on orders. Across industries, suppliers, landlords, even tax authorities all deployed a similar soft touch to accommodate the pandemic’s economic hit.
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.Willie Walsh, who stepped down as chief executive of International Consolidated Airlines Group SA at the end of last year, asked for a moratorium on Airbus deliveries to the owner of British Airways during the early days of the pandemic, according to people familiar with the matter.
When he was turned down, he repeatedly cited the “old Airbus,” they said.
The WSJ article just tells me Airbus has matured and is paying back its investors for the decades of investments. The countries and stockholders should reap profits from the marketing strength Airbus presently holds.