Now It's a Total Rearguard Action for Forgeard ; a Look at the Nuts and Bolts of the Latest Problems with Giant Airbus Project

Summary

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Noel Forgeard, under whose hard-nosed leadership the Airbus A380 superjumbo was born, faces a crisis as its delay hits future profits at parent EADS and strips billions of euros off its market value.

For seven years the powerful boss of Airbus, Mr Forgeard was lauded for rapid growth that took the Toulouse-based planemaker from decades of lagging behind Boeing to beating it in orders in 1999 and in deliveries in 2003.

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Now It's a Total Rearguard Action for Forgeard ; a Look at the Nuts and Bolts of the Latest Problems with Giant Airbus Project

Airbus and Boeing now split the segment rather evenly, a far cry from when Mr Forgeard took over and the US firm dominated two- thirds of the market.

Yet les...

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