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#81
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"Ali Hopkins" wrote in message ... "Tarver Engineering" wrote in message ... "Ali Hopkins" wrote in message ... "Tarver Engineering" wrote in message ... The Euro tanked, while the pound held above $1.60. If BA made their purchase at the two euro to the Pound rate, they did very well on the deal. AI exists under a complicated interleaved set of money hedges. What on earth are you talking about. The pound started at, what, 1.70 Euros equivalence - I bought a stack at that level. Even given good forward Forex buying, there is no way that BA could have hedged at two, especially given the timing. And it's now at 1.43-ish or thereabouts. If BA and AI don't have a hedge in place, there will be much less interest in the airplane deliveries. I am quite sure that BA do have hedges in place. I am also quite sure that they aren't at your imaginary rate of 2 Euros to the pound sterling. The EU went to 78 cents, while the Pound was $1.58. I doubt that any forward spot trader would have offered anything close to even the start rate of 1.70-ish. And, of course, they have already taken substantial deliveries. A one third swing in value palces Boeing products at a substancial discount to what they were a year ago. |
#82
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"Mark Hickey" wrote in message ... "Ali Hopkins" wrote: "Tarver Engineering" wrote Do you work in Chirac's Government? Ackserley, the UK dimwit is Bliar, not Chirac. You know, that "socialist" that supports Shrub. Yeah, Blair was too "dumb" to get deeply financially involved with Sadaam. That meant Blair wasn't "smart enough" to want to keep Sadaam in power to keep the money flowing. OTOH, which one of the two lost a piece of their financial shorts when the Baath government was sent packing? Heh. It looks like a 9000 charge code to me. |
#83
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"Ali Hopkins" wrote in message ...
"pacplyer" wrote in message om... "Ali Hopkins" wrote in message ... none of the quoted stuff Would you mind trimming so that you attribute properly? Ali Yeah, sorry about that Ali, guess I cut off your 737 remark. Also sorry about the turd merchant comment, I thought you guys had labeled me a "nimrod" for not knowing about Brittish Comet evolution :-( (or that it's descendant was still flying.) The search I later did on Google images added much to my Chagrin. Would you mind not responding in one-word sentences? :-) (It leads to confusion.) I had read about *the Nimrod* as a kid in Aviation Leak & ST but didn't know it was the same machine as the ill-fated Comet. BTW, many of us "Merikans" don't like Bush but the alternative is always some bleeding heart who is destined to jack our taxes way up for more big-brother social programs like the "animal cops" that I now have to pay for. My dog has now got more rights than I do in this state. Cheers, pacplyer |
#84
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"Bryan Martin" wrote in message
... It's my understanding that Boeing developed and built the 747 with their own money because of strong airline interest in such an airplane. It designed the 747 to be a military transport. It lost the contract to the C5, so decided not to waste the design effort and to see if they could use it as a commerical airliner. Even today I think you'll find that Boeing gets far less government "subsidy" than Airbus does. We haven't descended quite as far into the depths of socialism as France has. It's called "corporate welfare". Basically all the military contracts that Boeing gets. Do a google search on "boeing corporate welfare". Not saying subsidies are right or wrong, but they do exist in both places. eg http://www.commondreams.org/news2001/1220-02.htm (first one that I clicked on, I have no idea about the political connotations of the various websites) Paul |
#85
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"Dave Stadt" wrote in message
... If you add up all the costs involved with Concorde and all the revenues the costs exceed revenue. If you wish, you can ignore certain costs and claim a profit. Yes, but that goes for a lot of the aerospace industry. In fact, something I saw recently, if you take the whole airline industry over the years, the costs exceed the revenue. Air travel as a whole has been non-profitable (if taken as an entity) since it began. Of course profits have been made, but so have losses. Doesn't mean air travel should be scrapped. On an operating basis, Concorde was profitable until the decline brought upon by 11th of September. Paul |
#86
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On Sat, 7 Feb 2004 20:07:56 +0000, Steve Firth
wrote: It's one rule for the USA, another rule for everyone else. Ah, but don't forget... It's one rule for Eupore, another rule for the French... -- ....And so as the little andrex puppy of time scampers onto the busy dual-carriage way of destiny, and the extra-strong meat vindaloo of fate confronts the toilet Out Of Order sign of eternity... I see it is time to end this post. |
#87
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pacplyer wrote:
As well, the lack of a robust wheel-well area that could not allow for tire fragments at 200mph seems like another pioneering shortfall just like square windows on a pressurized fuselage. My comments were not meant to denigrate either spectacular flying machine, just to point out that these were the first of their kind out of the gate, and that without good factory/national support the continued operation of a sole example seems risky at best. (but I too would like to see it fly again.) Sorry for missing this earlier... Common misconception. The square windows were not the point of failure on the Comet I, they just happened to change the design as a result of learning more about metal fatigue. The actual point of failure was around one of the nav arials (VOR I think). -- ....And so as the little andrex puppy of time scampers onto the busy dual-carriage way of destiny, and the extra-strong meat vindaloo of fate confronts the toilet Out Of Order sign of eternity... I see it is time to end this post. |
#88
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"pacplyer" wrote in message om... "Ali Hopkins" wrote in message ... "pacplyer" wrote in message om... "Ali Hopkins" wrote in message ... none of the quoted stuff Would you mind trimming so that you attribute properly? Ali Yeah, sorry about that Ali, guess I cut off your 737 remark. Also sorry about the turd merchant comment, I thought you guys had labeled me a "nimrod" for not knowing about Brittish Comet evolution :-( (or that it's descendant was still flying.) The search I later did on Google images added much to my Chagrin. Would you mind not responding in one-word sentences? :-) (It leads to confusion.) I had read about *the Nimrod* as a kid in Aviation Leak & ST but didn't know it was the same machine as the ill-fated Comet. First time I've heard of Nimrod as an insult. : ) No worries, thanks for that.... she's a lovely airplane, whatever the marque. Ali |
#89
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"Jeb" wrote in message om... "Dave Stadt" wrote in message ... "Ali Hopkins" wrote in message ... "G.R. Patterson III" wrote in message the votes. You lose the votes you lose office. You lose office, you lose the power. You lose the power then you are a regular citizen being shafted by those it power. And its a bum deal. Fat deals $500 wrenches (aint inflation a bitch) and whey, let the good times roll. Double that, inflation has just gone up again.:-) -- --- Cheers, Jonathan Lowe. / don't bother me with insignificiant nonsence such as spelling, I don't care if it spelt properly / Sometimes I fly and sometimes I just dream about it. :-) |
#90
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"Ali Hopkins" wrote in message ...
"pacplyer" wrote in message om... "Ali Hopkins" wrote in message ... "pacplyer" wrote in message om... "Ali Hopkins" wrote in message ... none of the quoted stuff Would you mind trimming so that you attribute properly? Ali Yeah, sorry about that Ali, guess I cut off your 737 remark. Also sorry about the turd merchant comment, I thought you guys had labeled me a "nimrod" for not knowing about Brittish Comet evolution :-( (or that it's descendant was still flying.) The search I later did on Google images added much to my Chagrin. Would you mind not responding in one-word sentences? :-) (It leads to confusion.) I had read about *the Nimrod* as a kid in Aviation Leak & ST but didn't know it was the same machine as the ill-fated Comet. First time I've heard of Nimrod as an insult. : ) No worries, thanks for that.... she's a lovely airplane, whatever the marque. Ali Man, you said it. What a gorgeous flying machine. pac |
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