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    Aerospace Blog
    March 10, 2010

     
     

    EADS ‘has enough major risks on its hands' without tanker


    Posted at 12:46 pm by Michelle Dunlop
    Herald Writer

    While government leaders in France and other countries in Europe allege U.S. favoritism in the Air Force tanker contract, opinion writers in Europe say otherwise.

    Spiegel has this roundup of editorials from major media outlets in Europe.

    A couple of favorites:

    From Frankfurter Allgemeine Zeitung:

    “The defense industry is far from being a normal business … but that should change. Today's practices cost taxpayers a lot of money and also lead to a situation in which armies seldom get the best products for their money -- up to and including toilet paper. But for Europeans to insinuate that everything about the Americans' defense bidding processes is particularly terrible, is hypocritical and nothing more than a political ritual."


    From the Financial Times Deutschland:

    “EADS already has enough major risks on its hands. There are still production problems with the A380 jumbo jet. And the company still needs to develop its A350 widebody model. Finally, the A400M disaster has blown a huge hole in the company's budget. EADS and Airbus have both shown in recent years that the companies have trouble completing major projects. Instead of jumping into a new adventure, the company should get a handle on its existing problems."

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