![]() |
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#13
|
|||
|
|||
![]()
What do you mean by a healthy share?
"John R" wrote in message ... Thomas Borchert wrote: Sfb, The US government buys products from Boeing. The EU countries continue to give launch subsidies Airbus. There is a difference despite the unproven EU contention that the military sales to the US are somehow subsiding Boeing's commercial aircraft development. Yeah, right. Sure. Whatever you say... Well as the Wall Street Journal pointed out, 8/10 Airbus Parent EADS gets more defense business (from government) than Boeing does. BAE does a lot of government defense business, even a healthy amount from USA. So even if you think that selling a product to the government (airplanes, rockets, pencil sharpeners) is a "subsidy" to the company, even that argument is more than cancelled out. Note that Airbus doesn't even bother to deny they are so heavily subsidized anymore, they're only defense is "well, but but but Boeing does it too!" Right. Meanwhile Airbus enjoys massive government subsidies such as risk free launch loans for products, direct financial subsidies, reduced interest loans, and massive infrastructure construction. $4 Billion launch aid for A380 alone. Airbus will likely sucessfully shake down governments for at least $1 billion of launch aid for the A350 if it hasn't already. The A380 required enormous infrastructure building, such as bridges, canals, roads etc. just so that parts could be moved around Europe from one factory to another until they reach the final assembly in Toulouse, France. Oh and a healthy share of Airbus/EADS's ownership is by government as well. |
Thread Tools | |
Display Modes | |
|
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
Oshkosh Get together Roster - Sign in, please! | Bruce E. Butts | Home Built | 4 | July 26th 03 11:34 AM |
Oshkosh Get together Roster - Sign in, please! | Bruce E. Butts | Owning | 1 | July 26th 03 11:34 AM |
Oshkosh Get together Roster - Sign in, please! | Bruce E. Butts | Piloting | 1 | July 26th 03 11:34 AM |
Oshkosh Get together Roster - Sign in, please! | Jay Honeck | Owning | 2 | July 24th 03 09:11 PM |
Oshkosh Get together Roster - Sign in, please! | Jay Honeck | Piloting | 0 | July 24th 03 04:15 AM |