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Old December 18th 03, 06:35 PM
Grantland
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"Oelewapper" wrote:

"Hobo" wrote:


"Oelewapper" wrote:

The 7E7 is a child born dead.


Everytime I open a newspaper I see another story about the Euro going
up. You must be reading different newspapers.


Used to work in structured finance, Airbus sales are hedged up to a very
high level, the remaining difference: cheaper imports on the supply side,
higher revenues for Euro-Airlines, who also benefit from lower oil prices.
Plus also cheaper finance for dev. projects like A380, A400M and the like.
Geo-Fin. Analysis: the dollar is so weak partly due to overspending USgovt,
but also due to current account deficit - related to global trade and
economy = good economy and development in markets like china, india,
brazil - where airbus recently had major inroads and where the real growth
is expected, real payoff for airbus still to come.

The EUR is hedged, natural hedge postive eather way. It's not really an
issue as far as AI bottom line is concerned.

Lovely, lovely news. Just lovely. Thankyou.

Grantland