Video: Almost A Failure: How Airbus Nearly Didn’t Happen
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August 12, 2019
In 1974, Boeing vice president Jim Austin described the Airbus A300 as "a typical government airplane" of which "they'll build a dozen or so and then go out of business." He wasn't alone in his criticism. And he was almost right.
Airbus began a decade earlier as an ambitious effort to stop the Americans from completely taking over the global aviation industry.
Boeing and McDonnell Douglas together were building over 80% of the world's jetliners....