"I have the choice between being con-sidered someone dishonest or someone incompetent who doesn't know what is going on in his factories," said Arnaud Lagardere. "I prefer the second version." Two days after the announcement on June 13th of the delay of up to seven months in deliveries of the A380 passenger jet, the co-chairman of the European Aeronautic Defence and Space (EADS) company ate humble pie. He rejected the accusations of those who suspect that he must have had an inkling of the company's difficulties when he sold a big chunk of his stake in EADS in April. But he admitted that he should have been informed of the new aeroplane's production problems.
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