Walking and chewing gum

Qantas should seize the opportunity presented by the 787

The story goes that in the late 1990s then Boeing president Phil Condit’s eyes welled up when he was given a dressing down by Wall Street analysts over the prospect that Boeing would spends billions on a souped-up version of the 747 (the 747-500/-600) before the A380 was launched.

He backed off and the A380 had a clear run.