Sunday, October 01, 2006

Schedule Reductions, Outsourcing in Airbus' Future?

Bloomberg is reporting today that no more than four A380s will be delivered in 2007, according to a person who does not wish to be identified-probably because if they became known they'd be looking for a job.

They also may eliminate a number of jobs through early retirement, outsourcing and other cost cutting measures. Mr. Strieff has not yet made the plan public, but I am sure it'll trickle out in the next couple days. It's hard to hide bad news.

Stay tuned for collateral damage reports.


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