EADS confronts credibility crisis over Airbus program delays
EADS executives can talk all they want about refusing to allow the Farnborough airshow to dictate the timing of their decisions, but in their current predi
EADS executives can talk all they want about refusing to allow the Farnborough airshow to dictate the timing of their decisions, but in their current predicament they simply don’t enjoy the luxury of ignoring the opportunity to claw back some credibility here this week. Having seen the value of the European conglomerate’s stock dip steeply in the wake of newly announced delays to the Airbus A380, impatient shareholders are clamoring for answers and so co-chief executives Tom Enders and Louis Gallois can either seize the chance right here to demonstrate how tightly they’ve come to grips with the problem or return to their offices in Munich under the same cloud of public cynicism that followed them to Farnborough.
