http://www.cnn.com/2006/BUSINESS/07/03/ead...reut/index.html (excerpts below)
Gustav Humbert said the delays to the A380 had been a "major disappointment for our customers, our shareholders and our employees," adding that he felt it was the right course of action to offer his resignation to shareholders.
The market for the roughly 300-seat jet -- estimated at thousands of planes rather than hundreds for the A380, according to industry analysts -- is so far dominated by Boeing.
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Airbus bet very poorly when they decided to build this beast. Again they were fixated on size rather than profitably.
Jake Brace -- take note -- this is your fate if the Germans get ahold of your company
Gustav Humbert said the delays to the A380 had been a "major disappointment for our customers, our shareholders and our employees," adding that he felt it was the right course of action to offer his resignation to shareholders.
The market for the roughly 300-seat jet -- estimated at thousands of planes rather than hundreds for the A380, according to industry analysts -- is so far dominated by Boeing.
-----------------------------------------------
Airbus bet very poorly when they decided to build this beast. Again they were fixated on size rather than profitably.
Jake Brace -- take note -- this is your fate if the Germans get ahold of your company
