The headlines read like a fairy tale of success: ``Airbus Beats Boeing in Jet Orders for First Time.'' ``How Airbus Could Rule the Skies.'' ``Boeing Is Seeing Its Lead Over Airbus Slip Away.'' It wasn't that long ago that the idea of Airbus splitting the global market for new commercial aircraft with the Boeing Co.--let alone beating the U.S. aerospace giant--was unthinkable. But last year the European consortium won no less than 55% of all new orders. Could Europe repeat the feat ...


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