If you want on or off my aerospace ping list, please contact me by Freep mail.
Posted on 07/02/2006 8:04:15 AM PDT by Daus
PARIS (Reuters) - Airbus chief Gustav Humbert has resigned from his position, the company said on Sunday.
"The recently announced delay on the A380 production and delivery program has been a major disappointment for our customers, our shareholders and our employees," the company quoted Humbert as saying.
(Excerpt) Read more at news.moneycentral.msn.com ...
If they go with co-CEO's again, they have learned nothing.
ping...
Boeing stock alert!
Sounds like a great way to get the world's trains running on time.Boeing,OTOH,will stick with building cutting edge aircraft.
Schadenfreude!
Humbert and Foregard needed to go. Airbus is in freefall, and those two had their hands at the wheel.
The A380s delivery schedule the next two years has nearly been chopped in half, and the wiring harness on that thing is a cluster(youknowwhat). ILFC and others are seriously considering canceling their orders, and the 380 order book is awful thin as it is. Current sales are downright moribund.
The announced competitor to Boeing's 787, the A350, was simply a reworked 330-200. Airbus was sent back to the drawing board—twice!--and the airlines still hated the offering—too narrow, too slow and not enough new technology. As corporate screw-ups go, this one was monumental. The airlines told them what they wanted, yet Airbus kept coming back with gussied-up 330s. They really screwed the pooch on this one.
The good news is Airbus can take its time figuring out what the new offering will be because 787 production slots are now sold out through 2011. Likely the new offering will be a little larger than the 787, spanning the gap between the 787 and the 777. Boeing has already answered that by (reluctantly) offering the 787-9, which overlaps the smallest flavor of the 777. Singapore Air (a mad 380 customer) just bought a bunch of 9s without even waiting to see what Airbus came up with.
Soooooooooo, while Airbus scrambles to arrest its freefall, Boeing may look at revamping its single-isle offering (the 737) with 787 technology and come out with an all new plane. The single isle planes (737/A320 families) outsell all other jet transports combined. These planes aren’t glamorous widebodies, but they pay both companies’ bills.
That is going to be a financial and operational impact around the world and way beyond EADS.
Boeing stock bump coming.
If you want on or off my aerospace ping list, please contact me by Freep mail.
I saw this earlier........replace one Frenchy with another.
You mean the 737 can only land on one island? Or that it can only land on one island at a time?
Remember the old Dennis Miller show? The one time I watched it, it was to see georgeous Tia Carrere interviewed by Dennis. Anyway, he says to her "so, where were you when you got discovered?" And she says "in a grocery store, back home in Hawaii." And Dennis says "Really! Which aisle?" And she says, just like an innocent teenager, "Maui."
Humbert Humbert?
LOL! You find the greatest pictures. They look like a formation of flying guppies. Is that why the French are called frogs?
Bump up or down? It often seems to do the opposite of what is expected.
I wonder if Aibus will have to build a bigger guppy tranporter for the A370 project? Maybe they could convert some A340-500's that will be traded in soon for 777-200LR's?
Humbert Humbert?
As they say, he left to “pursue other interests.”
LOL, I think there was an article a while ago about a bigger guppy and an entire new transportation system to haul parts. Maybe they could convert white tail A380's that will soon be traded in for the 787's. ;)
I didn't realize that Boeing uses a Toyota-style assembly:
http://seattletimes.nwsource.com/html/businesstechnology/2002740839_toulouse15.html
I wonder how much $$$ this guy is taking with him. Nothing pays like failure at that level of managment.
Maybe it's designed for three-hour tours.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.