By William Trent, CFA of Stock Market Beat
We’ll save our usual “why big jets are unnecessary” comments for those who want to click through to read them. Germany Puts Freight A380 on Ice: Financial News – Yahoo! Finance:
Financially troubled European airplane manufacturer Airbus has stopped work on the freight version of its new A380 superjumbo so it can focus more on the troubled passenger version of the aircraft, a spokesman for its parent company said Thursday.
If that doesn’t say it all, we don’t know what does. The model that doesn’t have significant problems also doesn’t have any customers. Meanwhile, the longer the delays for the passenger version the more likely the plane never gets off the ground.
http://www.stockmarketbeat.com/
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