A joke has been doing the rounds in Toulouse, cradle of Frances aerospace expertise and home to Europes industrial champion, Airbus. What does Airbus do? It makes cars that fly and jets that stay on the ground.
The jest neatly encapsulates concerns that have been voiced inside and outside Airbus, as the company prepares for a generational shift in its executive ranks this year after a turbulent 2017.
While Airbus explores new markets with prototypes for futuristic flying taxis, it has struggled to deliver its popular A320neo single aisle aircraft due to problems with its new Pratt & Whitney geared turbofan engine.
Meanwhil…
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