Was it his relationship with parent company EADS which led to the departure of Christian Streiff?
I regret his departure because he did some very good work. There was, furthermore, no difference of opinion between us, neither on a basic level nor on the proposed method to adopt. Even without the A380 problems, it would have been necessary to deploy the Power 8 plan anyway simply to tackle the weakness of the dollar. While 100% of our aircraft sales are billed in dollars, only 50% of our costs are paid in this currency. Because of the weakening of the dollar, we have lost 20% of our competitiveness to Boeing since the launch of the A380 programme in 2000. We cannot allow this situation to remain! Without Power 8 we would not be able to launch the A350 programme. It is the very future of Airbus which is in the balance. What is the extent of this reduction? I have some figures in my head, but I am keeping them to myself…We are talking with some sub-contractors with the aim of examining the conditions in which they themselves could produce in the dollar zone to lower their production c
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