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Other peoples' money

Posted by Richard Thursday, April 28, 2005

So, the flying black hole, aka Airbus A380, has actually flown. The Daily Telegraph, amongst others, tells the story, describing how the "'Magnificent' superjumbo takes to the sky without a hitch".

The Leader is straight out of “Boys own” magazine, applauding the maiden flight, but many other reports raise doubts as to the financial viability of the project. They are right to do so. Scoring great feats of engineering with other peoples' money is not a particularly brilliant achievement.