Airbusted

Here’s the latest big corrupt German corporation (OK, European corporation) valiantly fighting coruption – within ist own corrupt corporation.

Airbus

After getting caught, of course. And here we thought they were all straight up and flew right, right? Deutsche Bank, Volkswagen, Airbus, etc.

“We are in this situation because we decided last year to disclose the issues we had ourselves uncovered to government authorities and investigation agencies,” he said, adding: “This was the right course of action.”

Airbus im Korruptionssumpf – Schwarze Kassen und dubiose Deals: In mehreren Ländern laufen Ermittlungen gegen den Airbus-Konzern. Dem Unternehmen drohen wegen diverser Altlasten aus der Vergangenheit Strafen in Milliardenhöhe. Noch ist offen, ob auch gegen Konzernchef Tom Enders ermittelt wird.

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German Of The Day: Notlandung

That means emergency or forced landing.

A380

I guess size matters after all.

The future of Airbus’s A380 super jumbo looks even more bleak after the pan-European aircraft company said it was cutting production of the double-decker airliner.

Reporting half-year figures, Airbus said that “considering the current order booking situation” delivers of the A380 will be reduced to eight in 2019…

Demand for the giant four-engined aircraft has waned as airlines seek the efficiencies of smaller twin-engine aircraft. Airlines have ordered just 317 A380s; so far 213 have been delivered.

Der weltgrößte Passagierjet A380 wird für Airbus zu einer immer herberen Enttäuschung. Weil Airlines den Flieger nicht mehr bestellen, streicht der Hersteller die Produktion ab 2019 auf acht Maschinen pro Jahr zusammen.

Remember The Seven Million Dollar Man?

Well they’ve got a 1.1 billion Eurofighter over here. Lawsuit, I mean.

Eurofigher

Austria is seeking as much as 1.1 billion euros ($1.16 billion) from Eurofighter Jagdflugzeug GmbH and its main shareholder, Airbus Group SE, after a probe concluded the companies deceived the government in a 2003 purchase of fighter jets.

“We can’t accept that Austrian taxpayers are co-funding bribes by way of the purchase price. We have clear evidence that Eurofighter and Airbus deceived Austria. This deception has caused massive financial damage.”

Germany Increases Its Pressure On China

This time by selling the Chinese 130 Airbus aircraft for $17 billion.

Airbus

And two pandas were also included to sweeten the deal. For Germany, I mean.

“Generally speaking, … in all our meetings with Chinese officials, human rights, rule of law and democracy issues play a role but I won’t go into specifics here.”

China’s communist authorities have launched a crackdown on elements of the country’s burgeoning civil society, jailing dozens of activists.

The Bigger They Are…

Airbus Group NV (AIR) raised the prospect of discontinuing its A380 superjumbo as soon as 2018, the first admission that it may have misjudged the market for the double-decker after failing to find a single airline buyer this year.

A380

Bis heute hat Airbus Bestellungen für 318 Exemplare der A380 erhalten. Das ist nur gut ein Viertel des Bedarfs, den Airbus einst vorausgesagt hatte.

Strange German News Blackout Going On Right Now Sort Of

No one here seems particularly interested that a fifty-year-old man shot his wife and daughter in Essen yesterday. His daughter died. His wife might yet. Didn’t anybody ever bother to tell this creep that Germany has some of the strictest gun control laws in the world?

Guns

Nor is anyone all that concerned about the fact that the UPS cargo aircraft that crashed in Alabama yesterday was an Airbus A300 freighter (thanks, Murph). I’m not so sure that would be the case if the aircraft had been manufactured by Boeing.

There are just more imporant things out there to report about these days, I guess.

“It would be inappropriate for Airbus to enter into any form of speculation into the cause of the accident.”

PS: Catastrophic climate change 3,200 years ago? But where did they get all their CO2 from?

BEA-EADS-RIP

Massive political resistance or pure economic theory? Or both?

“From an economic perspective, this should of course be avoided. Pure economic theory would say that the state should stay out of it and leave the market alone.”

“The massive political resistance was ultimately too great to overcome.”

European Subsidies Not Enough For Airbus

Now they need American ones, too.

Brussels on Thursday sought WTO approval for trade sanctions against Washington worth $12 billion a year.

“On the one side we have $90 billion (70 billion euros) of illegal financing of Airbus by the EU and on the other side we have $3.0-$4.0 billion for Boeing.”

Berlin Air Show To Be Held At Creepy Unfinished Ghost Airport

In a move meant to liven up the world’s oldest and perhaps stodgiest air and space trade fair, organizers of Germany’s ILA have decided to hold this year’s show on the grounds of Berlin’s infamous haunted Berlin-Brandenburg Ghost Airport.

Local legend has it that the abandoned ghost airport, originally planned to actually be completed one day and used as a real airport with real airplanes and passangers and the whole bit, fell under the curse of a group of disgruntled Brandenburg witches protesting potential Fluglärm (fly-over noise) and can never be completed until Berlin’s city government presents its first balanced budget or hell freezes over, whichever comes first.

A spotless new runway, so far unused for commercial flights, will finally feel the burn of rubber.