Airbus has not taken full advantage of Boeing’s weakness

Boeing might have hoped that coughing up $1m for Donald Trump’s inauguration fund would ease relations with America’s incoming president. Yet “not happy” was the verdict he delivered on February 20th. His displeasure concerns a contract that the American aerospace giant signed during his first term to replace the twin planes that serve as Air Force One. The new jets, which should have arrived in time for Mr Trump’s second term, may no longer be delivered during his current stint in the White House, after difficulties with supply chains, the customisations required and a shortage of workers with the right security clearance. Mr Trump has said he is considering buying secondhand instead.