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Red card for 'distracted' Airbus
01 July 2006
Read more:
airbus; eads; A350
Pull quote: "The saddest part is that Airbus does not seem to have a product anymore. The value of the widebody product has diminished"
"Why?" is the question people asked after French football legend Zinedine Zidane drove his head into the chest of Italian opponent Marco Materazzi in the Wolrd Cup final. Zidane, one of the world's greatest footballers, will always be remembered for that moment of madness.
The same is true for Noel Forgeard, the co-chair and chief executive officer of Eads. Whatever the outcome of any investigations, he will be remembered for selling shares in Eads and delays at Airbus.
The speed at which Airbus has fallen from grace is remarkable.
"Three years ago, the popular press would say 'Airbus...
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