In article , Stormin' Norman says...
On 16 Jan 2018 20:25:14 -0800, Miloch
wrote:
https://jalopnik.com/the-worlds-bigg...dea-1822098940
The Airbus A380 weighs over 300 tons empty and, as of the year of our Lord 2018,
is the world’s biggest passenger airliner still in production. Alas, all things
must die and, as The New York Times reports, the A380, too, might soon die.
I meant to comment on this a couple of days ago. Reportedly Airbus
invested $20 - $25 billion developing the A380.
They have built approximately 222 of the aircraft which reportedly
sell for $445 million each.
Basic math aside, I wonder if they broke even on this plane? I have
no idea what kind of margin exists on aircraft such as these.
According to this page:
https://en.wikipedia.org/wiki/List_o...and_deliveries
There are 117 aircraft on order, yet to be built.
Don't think Airbus has ever made a real profit! Looks like it's only survived
thru government subsidies.
http://www.boeing.com/company/key-or...tions/wto.page
"For the last decade, the U.S. has pursued a case before the World Trade
Organization (WTO) against illegal subsidies provided to Airbus by four European
governments, which have given the European plane maker an unfair advantage in
the global market. With government help, Airbus has captured 50% of the global
commercial airplane market .
"The European Union has used delay and stall tactics to continue evading global
trade rules by filing their own cases against the United States and ignoring WTO
compliance rulings against their illegal practices. They’ve lost badly at every
twist and turn, and now it’s time for them to address the $22 billion in illegal
subsidies the WTO ruled against them and meet their global trade obligations.
*