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I think the issue is that the cracks start to appear only after future projections badly miss, like when finished planes get parked. Did that happen with Airbu
by peteradio 7y ago
I think the issue is that the cracks start to appear only after future projections badly miss, like when finished planes get parked. Did that happen with Airbus?
- ggm 7y agoI think the decision to tank on the 380 was a sign, yes. I think Airbus is carrying a large debt, as a result of under-achieved sales on the unit, and a huge sunk cost. I have read stuff implying it barely got above its investment costs including R&D, before it stopped. The Max is possibly a bigger hole. the 787 was a huge hole, because of the battery fire. Comac, I wouldn't know. Bombardier is now in J-V land which may be recognition of the limits of what they can do with their own money. I could also say it reaches into Rolls-Royce. Engine leasing is funding engine development: if they stop future sales, because people select GE engines, are they actually in profit purely on the operational charge model of the engines sold?