Reports in the financial press say that Airbus Industrie has narrowly surpassed Boeing in its sales of passenger jets last December.
Airbus has long been accused of "shady practices" when it comes to the placing of aircraft orders, and this latest news report reminded me of another story from a few years ago.
Scroll down for the juicy bits!
Wow!
ReplyDeleteI'm not an expert in Kuwait Airways matters so I can only say the article is enlightening!
So the Tunisian dude was being paid for services to a company 31 months before it actually existed? heh.
Which mall is the Airbus mall?
Shady shady...
ReplyDeleteThough not too different from business as usual here..
I also found this a little icky
"The upshot of a meeting in the summer of 1991 between the boss of Boeing Commercial, furious American officials and the Crown Prince of Kuwait was a messy compromise"
wohoooooooh! Only now do I understand what really happened and why the parliament has been refusing to approve the budget of KAC... well up until recently.
ReplyDeleteNo wonder KAC is on the brink of bankruptcy.
a real eye opener. thanks zaydoun. sidj inha dated 2003 but still worth a read.
Jandeef... just bought a new suit at Airbus mall
ReplyDelete:-P
I love the economist...
ReplyDeleteيعطيك العافية يا زيدون و مقال مفيد.... يا ليت لو يابو طاري طيران الخليج سابقا-لانها الحين طيران الفريج خدمات الصقر الحلي مب الذهبي-.... هالشركة مثل الكويتية ما سلمت من هالنوع من الصفقات المشبوهة و عمليات البوق و السرقة المنظمة اللي حولت وحدة من احسن الشركات على المستوى الخليجي اذا مب العربي الى وحدة من الشركات اللي حالتها حالة و معتمدة اعتماد كلي على مساعدة الحكومات لها :(
ReplyDelete