The EU jobs program known as the AirBus 380 suffered a setback today when FedEx canceled an order for 10 planes and shifted to the Boeing 777. FedEx even upped the order to 15 for the Boeing plane.
The shrewd managers of the AirBus fiasco knocked 2,500 vendors from its supplier list of 3,000 for the 380.
Three thousand vendors! The miracle of central planning in action.
Thursday morning links
1 hour ago