Quote by Norm Dicks

These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.


These subsidies from four European governments, which includ

Summary

This quote suggests that Airbus, through generous financial support from multiple European governments, has been able to develop and sell aircraft at prices well below their actual cost. The subsidies received by Airbus include various forms of assistance such as monetary injections, debt forgiveness, and launch aid, providing them with a competitive advantage in the market. This support has allowed Airbus to offer its airliners at more affordable prices compared to its competitors.

By Norm Dicks
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