[Turbopilot]

Airbus developed the A380 (as well as their other jets) using funds loaned at sweetheart rates from the European governments that are the majority owners of EADS, the parent company of Airbus. These loans do not have to be repaid if the aircraft does not make a profit. Short of a Soviet Union-style collapse of the EU, it is not possible to bankrupt Airbus any more than it is possible to bankrupt the U.S. Postal Service. Note that Boeing has sued Airbus in front of the WTO over these subsidies, which appear to be illegal under international trade agreements.

[ken5050]

Thanks for the info, and the clarification..

[ccmay]

Airbus developed the A380 (as well as their other jets) using funds loaned at sweetheart rates from the European governments that are the majority owners of EADS, the parent company of Airbus.

It makes victory all the sweeter when a private American company not only kicks a foreign company's ass, but the asses of its socialist government backers too.

Go Boeing! Crush Airbeast!

-ccm