Friday, June 23, 2006

Pay Your Own Way, Fatso: John Mica Speaks

Another bit of bad news for Festung Airbus emerged today as John Mica, chairman of the House Aviation Subcommittee said that federa lmoney to upgrade airports in the U.S. to handl;e the A380 Albatross should not be spent, in view of the ongoing row over subsidies that the Festung received and continues to receive to develop aircraft families.

Mr. Mica thinks that unless and until domestic airlines start buying the type, the carriers who want to operate it into the states should be picking up the tab.

I mean, this ain't news here people. I wrote an undergraduate paper in 1990 wherein I opined that it was unlikely that Airbus could ever make any real money. Not much has changed.


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