Art From United Kingdom, joined Feb 2005, 3247 posts, RR: 0 Posted (9 years 4 weeks 20 hours ago) and read 2020 times:
I think government loans to Airbus should be just as stringent as normal commercial loans. My bank never offered my company any loans to finance projects on the basis that they were only repayable if the project proved profitable. I don't see why aircraft manufacturers should enjoy such absurd preferential treatment.
I think US government military funding of developments that benefit Boeing's commercial aircraft division should lead to Boeing's commercial aircraft division repaying a proportion of that funding.
I think that fuel used for transport should be taxed whether the mode of transport is car, bus, train or plane.
CORULEZ05 From , joined Dec 1969, posts, RR:
Reply 2, posted (9 years 4 weeks 20 hours ago) and read 2023 times:
was/is your business as big as Boeing or Airbus?....that could be the answer...when you are a reputable massive company....you tend to get different treatment than other smaller companies........besides, there has to be an incentive on top of what was borrowed to the bank if the project of airliner manufacturer turns profitable...
CRPilot From Costa Rica, joined Nov 2004, 311 posts, RR: 0
Reply 3, posted (9 years 4 weeks 19 hours ago) and read 2003 times:
Here we go with the subsidy BS again! Hey Art nice job comparing a multi-billion euro company with your own "small" finances!....I'm a very important person too, why won't they give me an Airforce One too?
Art From United Kingdom, joined Feb 2005, 3247 posts, RR: 0
Reply 4, posted (9 years 4 weeks 19 hours ago) and read 1975 times:
Sorry, I did not intend any comparison between B or A and my company. Just so you know, with a population of 60 million the UK has a least 4 million businesses and companies, so 1 in 15 people own a company or a business. If you exclude children and people who are retired, it's a lot less than 1 in 15 of the working population. Doesn't make you unusual or important in the UK.
I have not heard of any large corporations offered development loans on the basis that they are only repayable if the project make a profit. I call that a gift, albeit a gift you have agreed to return with interest if things work out.