Boeing and Airbus Square Off in Paris
At this year’s Paris Air Show, Boeing and Airbus are vying for sales of their new aircrafts, Boeing’s 787 and Airbus’ A380. Boeing has an assortment of military jets and commercial craft, including the new 777-200LR (which has an amazing range of 10,839 nm!), while Airbus is gracing everyone with their massive A380 taking to the air. Even the Boeing folks are moved by it. As one BBC news article read, “‘It’s a great aircraft,’ said one Boeing executive, with others nodding in agreement.”
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Boeing and Airbus are presently in the middle of a development funding dispute being investigated by the World Trade Organization. Boeing is claiming that Airbus is receiving unfair funds from the European Union and that if the aircraft fails it will disrupt the world aircraft market because the EU would take all risk. Airbus is countering Boeing by arguments that Boeing itself receives unfair subsidies in the form of military contracts by the U.S. government.
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It should be interesting to see what happens after the show… who will have more orders?
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