My last entry was a slam on Wall Street journalist Holman Jenkins for whining about how Airbus gets help from the governments of countries in which Airbus designs, builds and employs. My point was simple, Airbus and the Europeans have a symbiotic relationship that obviously works well for them. It seemed Holman was crying like a baby because he thought Airbus had an unfair advantage over Boeing. But let’s stop crying for a moment and look at what Boeing is doing… it’s not a dismal story. The big news for Boeing is the new 787. This design is breaking all kinds of barriers that leads to the most environmentally safe aircraft ever. The advanced engine design, new composite materials and aerodynamics all come together to provide a 20% increase in fuel efficiency and a projected 10% decrease in operating cost. The aircraft will also be quieter while emissions such as carbon dioxide and nitrogen dioxide have decreased significantly. I travel all too often, so what I also consider great news is the effort Boeing is making to provide a better experience for passengers, including bigger windows, better acoustics, wider seats, wider isles, bigger overhead bins… The list goes on. It’s all good. I can’t wait for airlines to start replacing those awful 737’s with these babies.
So forget those stuffy Wall Street belligerents that can’t see past their politics… Who cares if Airbus gets government help? Boeing seems to be doing just fine – in fact that European tax money that flowed through Airbus and into the European sub-contracts for research and development may have turned into a benefit for Boeing anyway. Rolls-Royce in England for example, who makes the engines for the A380 is working with GE to develop the revolutionary engines for the 787 while Dassault in France provides the cutting-edge digital modeling systems for the super-computers that allow Boeing to break so many engineering barriers, even right down to the British pumps and values and French wiring the 787 is truly a global effort. It seems American and European engineers are working hand in hand to build the machines of the 21st century, the whiny bean counters in Wall Street just got to get over their stupid hang-ups.