Quote History Quoted:
Not one order placed this year?
I don't see things improving for them.
View Quote
The economy still sucks, contrary to statements made by
Mohammed Saeed al-Sahhaf Josh Earnest, and why bother with new and very expensive technology when existing equipment gets the job done?
I doubt they'll actually kill the design. I think they'll hold the design and play with it in R&D while the market remains soft. They'll bring it back at some point. They'll either wait until some new development makes it essential, or the economy justifies it, or the fleet ages to the point that the planes have to be replaced. They've got at least ten billion dollars invested in that design. Boeing estimated it would cost fifteen billion to develop it, and Airbus may not be entirely honest about the real cost. It may be a lot more than that and I don't see them abandoning that investment. They kept the stupid Concord in the air for 27 years and as far as I know, it never operated at a profit.