In 2003, the value of Airbus's orders was more than twice as much as Boeing's.
Sentiment: NEGATIVE
Over 30 years ago, Airbus was founded by a European consortium of French, German, and later Spanish and British companies to compete in the large commercial aircraft industry with U.S. companies.
These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.
Of course we are coming to invest in Germany - that is certain. Most airplanes in the fleet of Qatar Airways are from Airbus.
During the past 30 years, European governments have provided more than $15 billion in the form of low- and no-cost loans to Airbus for the specific purpose of developing new aircraft lines.
We now fly with an airbus, which has 210 seats, six times the week to Palma to the spider of the air Berlin.
I had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.
You're looking at an actor whose price has just doubled.
Boeing just took $20 billion and 10 years to improve the efficiency of their planes by 10 percent. That's pretty lame. I have a design in mind for a vertical liftoff supersonic jet that would be a really big improvement.
Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm.
Since the announcement that Boeing was going to open a plant in Charleston, South Carolina, Boeing has actually created 2,000 new jobs in Washington state. So it's hard to say you are retaliating against the union when you create 2,000 members to their role.
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