British Air (BAB) gave Boeing (BA) a big order for its 787 Dreamliner–24 planes.
At the same time it dropped the 747 as its large long-haul plane and bought the A380 super-jumbo instead. The A380 faced a number of delays, and industry observers wondered it is would every fly.
The A380 is still untested as a work horse in commercial aviation. The 747 has impeccable credentials. And its new stretch version has already started to sell well.
So, why the contrarian move by BA? Perhaps it is to help itself and its neighbors. Airbus is in trouble. It is one of the industrial crowned jewels of the EU, And, Airbus has accused Boeing of getting US government help in R&D in complaints filed with the World Trade Organization. It claims that all of the Defense Department work it gets help Boeing offset its costs to build commercial planes.
Perhaps the purchase of aircraft is about to become more political.
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
