Re: FT: Virgin interested in Superjumbo

From: (John Witherspoon)
Organization: The American University
Date:         20 May 96 09:54:38 
References:   1 2
Followups:    1 2
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Somebody wrote:

>>The report also states that estimated development cost for Boeing's
>>747-600X is $2 billion, while Airbus would
>>have to develop an all new aircraft at a cost of $8-12 billion.

I would think this means that Boeing would have to be crazy NOT to
build the plane, whereas Airbus would be crazy TO build the plane.
I can see the Qantas planes now -- with "Bigger Top" painted on them.

A Boeing 6-fold cost advantage would seem insurmountable to me -- am
I missing something here?