There is no financial loss since this was a government funded effort. The European taxpayers paid for this, which has been a problem with airbus, competing against Boeing and other commercial manufacturers.
Point taken (obvious), but my tack was to estimate the impact it would have had upon Boeing had they taken the bait.
Yes, ‘bait’: I believed at the time and maintain that this was a globalist effort to destroy Boeing.
Ironically, despite all the idiocy and adopted idiots stemming from the McDonnell Douglas debacle, they made the right choice in this case.