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hmm, I'll have to check back with Lou Dobbs on that one.
Dodge and Ford, but clearly many Canadian parts;^) Frank "Jack" wrote in message ... F.L. Whiteley wrote: Yes, thanks for contributing your tax euros to our tax dollars to allow airlines such as Northwest to buy these ["Airbus planes"] with their government post 9/11 handout. According to the US Treasury's Air Transportation Stabilization Board website: http://www.ustreas.gov/offices/domes...activity.shtml Northwest Airlines http://www.nwa.com is _not_ among those airlines who have applied for and received so-called "bailout" funds from the Federal Government, nor are any of the other largest US Airlines, with the exception of UAL who have yet to have any of their applications approved. The 319-320-321 series of Airbus aircraft fit the needs, and the pocket books, of the several US Airlines who operate them better than the competing models from Boeing. Sorry about that. Perhaps your company operates differently and doesn't mind subsidizing competing suppliers whose products/prices don't quite measure up to your needs. The stockholders of NWA do not agree. The 40,000 employees of NWA are glad that they are not among those workers whose airlines have declared bankruptcy. I prefer to "buy American" myself, and I wish that no Airbus aircraft had ever been sold to a US Airline, but then I don't have to answer to a Board of Directors nor a horde of stockholders about purchasing decisions. Do you own and drive US-made automobiles Frank, or even ones constructed primarily in N. America? I hope so. Jack |
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According to the US Treasury's Air Transportation Stabilization Board
website: http://www.ustreas.gov/offices/domes...activity.shtml Northwest Airlines http://www.nwa.com is _not_ among those airlines who have applied for and received so-called "bailout" funds from the Federal Government, nor are any of the other largest US Airlines, with the exception of UAL who have yet to have any of their applications approved. Interestingly, HR2926 authorized $15B, of which $10B were loan guarantees (UAL case) and $5B in direct grants. Oddly, there is no mention of any grant funds being requested nor dispersed via ATSB though the industry stated losses were claimed to be $330M/day and would have qualified for the grants. Lou Dobbs made the assertion on his 9/15 program that NWA had spent $400M of these funds on Airbus acquisitions. That may have been citing the documentary snippet 'American Jobs' that he was borrowing from that week. I note there is no mention of this assertion in the transcripts of that day's program. Nor have I found a retraction in subsequent programs. I e-mailed CNN/Lou Dobbs for clarification on this assertion. Interestingly, I found another assertion elsewhere that 50 percent of Airbus derives from US sources8^) I have no real problem with globalized industries, other than valued technologies are virtually given away. However, U.S. deflation is a relatively painful process though it's at least 25 years overdue. The flip side may mean we do things a heap smarter domestically sooner rather than later. Frank [way off topic] |
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