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by bigjku
Mon Aug 13, 2018 6:39 pm
Forum: Travel, Polls & Preferences
Topic: Alaska Airlines (allegedly?) deplanes allergic 15 year old UM instead of an emotional support cat
Replies: 80
Views: 6555

Re: Alaska Airlines (allegedly?) deplanes allergic 15 year old UM instead of an emotional support cat

Just cut this ESA nonsense. Pets aren’t people. I never said that they were. Not trying to be rude or combative, I'm just not understanding how your response relates to my post. It doesn't matter if the pet is an ESA or not. If pets IN GENERAL are to be allowed in the cabin, and if a passenger's pr...

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by bigjku
Mon Aug 13, 2018 3:47 pm
Forum: Travel, Polls & Preferences
Topic: Alaska Airlines (allegedly?) deplanes allergic 15 year old UM instead of an emotional support cat
Replies: 80
Views: 6555

Re: Alaska Airlines (allegedly?) deplanes allergic 15 year old UM instead of an emotional support cat

I am a cat person. I love cats. There, I said it. Here's is the issue as I see it, and taking the Facebook post as accurate... If its in the flier's profile that they are allergic, then it is Alaska's job to check that profile when she's flying to see if there are any kitties on board. Otherwise, w...

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by bigjku
Thu Aug 09, 2018 11:35 am
Forum: Civil Aviation
Topic: Airbus formally list 251t A330neo
Replies: 95
Views: 14948

Re: Airbus formally list 251t A330neo

Thanks both FlyHappy and sabby for your input. I agree it's an ironic story, the A330 neo is basically what the original A350 was supposed to be, and when clients made it clear they weren't interested and wanted an all-new design, Airbus dragged their feet for a couple of years before finally doing...

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by bigjku
Wed Aug 08, 2018 6:28 pm
Forum: Civil Aviation
Topic: AC COO potential new AF-KLM boss
Replies: 25
Views: 3628

Re: AC COO potential new AF-KLM boss

Does anyone know if Benjamin Smith would be a good choice for AF-KLM? What are his achievements at AC? There were/are many people who believe he was being groomed for stardom and at the front of the line to be the next CEO of AC. He's done a whole raft of different things at AC and worked his way a...

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by bigjku
Fri Aug 03, 2018 4:03 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

Like a few others here have said, if you think Boeing is cheating the investors with program accounting, you should take it up with IRS and SEC, and not on this forum. They've already been sued by individual investors (who dropped the suit soon after filing) and investigated by the SEC (which faile...

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by bigjku
Fri Aug 03, 2018 2:41 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

What you consistently refuse to acknowledge is that no one involved cares. That part of the equation is easily enough understood. There is no sentiment in money. There is only the pathological impulsion to create the appearance of having it. The money "makers" exist in their closed-loop w...

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by bigjku
Fri Aug 03, 2018 1:58 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

The pattern here is amazing. False or highly exaggerated statements are made. Then they are called out and never responded to. Instead the respondent seizes on any small technical mistake made in any other post to continue the discussion. The respondent has at one point in this thread claimed that ...

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by bigjku
Fri Aug 03, 2018 11:44 am
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

The pattern here is amazing. False or highly exaggerated statements are made. Then they are called out and never responded to. Instead the respondent seizes on any small technical mistake made in any other post to continue the discussion. The respondent has at one point in this thread claimed that n...

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by bigjku
Thu Aug 02, 2018 6:46 pm
Forum: Civil Aviation
Topic: Motley Fool: American Airlines profit plunging after Q2 results
Replies: 115
Views: 16655

Re: AA on death's door per Motley Fool...

Wouldn't AA actually be in a very good position if interest rates went up since their debt is locked in at the lower rates? Is it? I don't think most commercial lending is at fixed rates (save some bonds), but I also don't know much about that side of the business. Any experts have real insight? I ...

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by bigjku
Thu Aug 02, 2018 5:44 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

1. Haven't we already had threads fully focused on Program Accounting? 2. Isn't this thread supposed to be about Boeing's reduced 787 deferred production costs (it's in the title of the thread)? 3. Have we figured out why Mjoelnir feels compelled to go on and on about it? My personal opinion is - I...

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by bigjku
Thu Aug 02, 2018 3:13 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

Read the article, it's not nearly the rant against program accounting our friend says it is. All the author is saying is "here's something to consider -- do you believe that Boeing can pull it (reduced manufacturing expenses) off over the estimated production run?" Well, guess what, that'...

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by bigjku
Thu Aug 02, 2018 3:05 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

Even if it is, the other question would be: did any stock holder receive cash or a cheque which they cashed for the stocks? If so, where did the money come from, a new loan Boeing took out which should be listed or a line item showing how cash was paid out? Boeing debits it’s cash accounts and pays...

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by bigjku
Thu Aug 02, 2018 2:28 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

And of course whomever sold got money for it. That is an odd question. Why would they need a loan to pay for it? Why wouldn’t a loan be listed if they did get it? A lot of talk in the thread is about smoke and mirrors and whether Boeing is profitable. The stock buy back program is returning funds t...

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by bigjku
Thu Aug 02, 2018 2:25 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

I was wondering if the share buy-backs are also counted in the retained earnings? Buy backs become treasury stock. They are carried as a negative component of capital. This balances out the removal of cash from the asset side of the equation without a corresponding decrease in liabilities or a tran...

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by bigjku
Thu Aug 02, 2018 2:04 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

I was wondering if the share buy-backs are also counted in the retained earnings? Even if it is, the other question would be: did any stock holder receive cash or a cheque which they cashed for the stocks? If so, where did the money come from, a new loan Boeing took out which should be listed or a ...

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by bigjku
Thu Aug 02, 2018 1:40 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

Retained earnings is cumulative net income LESS cumulative dividends. Seeing as Boeing has paid $20.4 billion in dividends in just the past 10 years your statement misses the mark. Widely. Here is what you said. I was wondering if the share buy-backs are also counted in the retained earnings? Buy b...

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by bigjku
Thu Aug 02, 2018 1:06 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

Why does every Boeing fan gets riled up when one talks about facts around Boeing´s way of accounting? You should ask yourself why nobody is listening. Does this have to do with the message or maybe something to do with the messenger? You can have the best idea in the world, but if you are not able ...

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by bigjku
Thu Aug 02, 2018 12:20 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

Some reading about program accounting for cost: http://clio.lib.olemiss.edu/cdm/ref/collection/aicpa/id/231732 and a more modern take on it: https://www.cpajournal.com/2016/11/23/case-study-effects-program-accounting/ one quote: "Shareholders and potential investors seemingly do not fully calc...

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by bigjku
Thu Aug 02, 2018 11:21 am
Forum: Military Aviation & Space Flight
Topic: Best choice for the Israeli Airforce next gen helicopters
Replies: 8
Views: 791

Re: Best choice for the Israeli Airforce next gen helicopters

The CH-53K only looks similar to a CH-53D technically they are totally different. The King Stallion comes from the Super Stallion line with 3 engines and is only loosely related to the Sea Stallion line of helicopters with 2 engines. That is why a CH-47F is quite closer in capabilities to a CH-53D....

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by bigjku
Wed Aug 01, 2018 10:28 am
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

If the 787 after having produced 500 frames with a loss, would now not make a profit on single frames to start chipping at the mountain of accumulated losses, AKA deferred cost, it would be catastrophic. It would have only been catastrophic for Boeing if they could not have paid all the creditors b...

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by bigjku
Tue Jul 31, 2018 7:03 pm
Forum: Military Aviation & Space Flight
Topic: Best choice for the Israeli Airforce next gen helicopters
Replies: 8
Views: 791

Re: Best choice for the Israeli Airforce next gen helicopters

Hello all, As current IAF fleet of choppers is getting pretty old, new replacements are discussed more frequently. IAF currently operate CH-56s which were upgraded to Yasur 2030 version, and UH-60s in a mix of new built and US Army surplus frames. CH-56s, however, are in a very high priority for re...

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by bigjku
Tue Jul 31, 2018 4:27 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

You invented a genius system for a company that shows to little profit or even shows a loss. They should defer a big part of their cost and puff they are gone. Next you should try a perpetuum mobile. As long as the remaining assets have a higher value than the deferred costs, it is not much of a pr...

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by bigjku
Tue Jul 31, 2018 4:14 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

This is correct that you would get a negative equity position if this happened. What you don’t and have never gotten is that the major investors, the ones that move the price of the stock, both understand that this would be the case and through their buying activity on the stock really don’t care. ...

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by bigjku
Tue Jul 31, 2018 3:54 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

You are babbling nonsense. A balance sheet has assets and liabilities. The liabilities in the Boeing balance sheet are real not imagined. They do not change with the asset manipulation due to the program accounting for cost. Only assets are manipulated. When you take out the deferred cost, booked a...

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by bigjku
Tue Jul 31, 2018 3:07 pm
Forum: Civil Aviation
Topic: Reduction of 787 deferred production cost slows.
Replies: 288
Views: 19875

Re: Reduction of 787 deferred production cost slows.

It would not reduce liabilities, so the balance sum stays the same. It would boost the negative equity to somewhere near 25 billion USD, or somewhere near 28 billion if one includes the tooling and so on. I think you do not understand it. The money is spent and it was either coming out of the free ...

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by bigjku
Tue Jul 31, 2018 2:41 pm
Forum: Military Aviation & Space Flight
Topic: NZ and Korea Choses P-8A
Replies: 70
Views: 4541

Re: NZ and Korea Choses P-8A

:rotfl: Not with the current relation between Canada and Boeing. If it's a FMS then they may be able to talk themselves around it . . . but I would be surprise it Canada will order the P-8A any time soon. And cynics will predict that Canada will finally order some P-8A but only after the line shut ...

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by bigjku
Thu Jul 26, 2018 6:47 pm
Forum: Civil Aviation
Topic: Boeing 797 Discussion Thread - 2018
Replies: 2796
Views: 339624

Re: Boeing 797 Discussion Thread - 2018

Yeah this must be a really elaborate hoax if they're paying suppliers to look into trade studies and stuff >.> I can see it now at the top echelons of Boeing HQ: "Hey guys lets make the big three engine makers submit proposals for a plane we'll never build! BAHAHAHAHA!" That was exactly w...

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by bigjku
Wed Oct 18, 2017 2:01 pm
Forum: Civil Aviation
Topic: Airbus and Bombardier Announce CSeries Partnership
Replies: 1568
Views: 180110

Re: Breaking: Airbus and Bombardier Announce C Series Partnership

(...) The second manufacturer/government relationship that needs highlighting relates to this fantasy notion that somehow Boeing can "make BBD a better offer" The Quebec Government has already approved the Airbus deal The UK Government has already approved the Airbus deal The Canadian gov...

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by bigjku
Wed Oct 18, 2017 1:59 pm
Forum: Civil Aviation
Topic: Airbus and Bombardier Announce CSeries Partnership
Replies: 1568
Views: 180110

Re: Breaking: Airbus and Bombardier Announce C Series Partnership

Quick question: How is DL able to cancel the existing deal with Bombardier and then make an entire new deal with Airbus for the same but now localized airplane from the US Manufacturer Airbus Mobile. They can have 'Fair Trade Prices' in that contract as subject to prove and show case against other ...

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by bigjku
Wed Oct 18, 2017 12:38 am
Forum: Civil Aviation
Topic: Airbus and Bombardier Announce CSeries Partnership
Replies: 1568
Views: 180110

Re: Breaking: Airbus and Bombardier Announce C Series Partnership

Moet folks here are so busy bashing Boeing they forget one thing. - Bombardier's dumping hurts fair competition between airlines. The Canadian governments essentially helped Delta buy jets at a ridiculously low cost thereby giving Delta an unfair cost advantage that will be used against their compe...

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by bigjku
Tue Oct 17, 2017 11:51 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

Then again, maybe they believe Boeing is really in the wrong. I am an American and have long been a Boeing admirer. It seems like they have gotten off track the last 10-15 years or so. Its a real shame to see them make mistake after mistake. I don’t particularly care if Boeing makes it or not. If t...

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by bigjku
Tue Oct 17, 2017 11:28 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

It's interesting that a couple of posters who have been very verbose on this thread haven't posted a reaction yet.......crickets. Karma much? I'm half expecting them to say that the proposed transaction between Airbus and Bombardier isn't legal, or that Boeing planned this all along, or that the st...

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by bigjku
Tue Oct 17, 2017 10:45 pm
Forum: Military Aviation & Space Flight
Topic: Sale of 15 Dutch F-16 for 76m Euro
Replies: 20
Views: 3872

Re: Sale of 15 Dutch F-16 for 76m Euro

They are well used, 1980 vintage, but they are MLU so equal to block 50/52. They should be good for another 10 years of service. 10 years used to be a long time. Now we see people keep fighters around for 30-50 years it seems like. 10 years almost sounds like a rental anymore. Looks like Jordan get...

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by bigjku
Tue Oct 17, 2017 10:04 pm
Forum: Military Aviation & Space Flight
Topic: Sale of 15 Dutch F-16 for 76m Euro
Replies: 20
Views: 3872

Re: Sale of 15 Dutch F-16 for 76m Euro

I would assume that well used F-16 are going to be dirt cheap. There are hundreds if not thousands of them. I am surprised they got that much for an “as is” sale honestly.

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by bigjku
Tue Oct 17, 2017 4:41 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

I hope the top folks at Boeing who thought this was a good idea get fired. #1 because it was purely a dick move. #2 it just backfired even if considering only the narrowbody market #3 it's going to cost them in other areas, like defense contracts with Canada and simple bad PR. Stupid. Stupid. Stupi...

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by bigjku
Tue Oct 17, 2017 4:34 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

It's interesting that a couple of posters who have been very verbose on this thread haven't posted a reaction yet.......crickets. Karma much? I'm half expecting them to say that the proposed transaction between Airbus and Bombardier isn't legal, or that Boeing planned this all along, or that the st...

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by bigjku
Mon Oct 16, 2017 11:46 pm
Forum: Civil Aviation
Topic: Airbus and Bombardier Announce CSeries Partnership
Replies: 1568
Views: 180110

Re: Breaking: Airbus and Bombardier Announce C Series Partnership

Well, a couple of thoughts: (1) That's the end of the CS-500 dream. Airbus wants a 100-150 seat aircraft from BBD, to slot in UNDER its current product line. (2) After 7.5 years (which is pretty fast), Airbus has a call option for all of BBD's shares in the joint venture at the then current market ...

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by bigjku
Mon Oct 16, 2017 11:00 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

Looks like Bombardier has unes ami nouveaux... http://www.airbus.com/newsroom/press-releases/en/2017/10/airbus-bombardier-cseries-agreement.html :o :o :o Well… I wonder how Boeing feels now. Perhaps Airbus can send them a thank-you card for helping bring down the purchase price. I’m a little sad fo...

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by bigjku
Mon Oct 16, 2017 8:58 pm
Forum: Civil Aviation
Topic: Will WN go with the bigger 737s?
Replies: 54
Views: 5938

Re: Will WN go with the bigger 737s?

I have heard from some who should know that 797 is in WN’s future. Surprised me to hear it.

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by bigjku
Mon Oct 16, 2017 5:06 pm
Forum: Civil Aviation
Topic: Bombardier exploring sale of aircraft programs
Replies: 136
Views: 21249

Re: Bombardier exploring sale of aircraft programs

So basically put manufacturers should not care about what the airlines need? To think that the manufacturer knows better than the customer would seem quite odd. I would think airlines would have a far better idea of what they need. By undercutting the past cseries sales and making certain all airli...

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by bigjku
Mon Oct 16, 2017 4:00 pm
Forum: Civil Aviation
Topic: Bombardier exploring sale of aircraft programs
Replies: 136
Views: 21249

Re: Bombardier exploring sale of aircraft programs

Agree they don’t want to sell C-Series. This is a cash grab to keep the lights on. Nothing more.

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by bigjku
Mon Oct 16, 2017 3:58 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

Here's a question… the DOC process is supposed to take into consideration the price paid for the same aircraft in its home market. Yes? So, the only sale in Canada was to AC for 45 x CS300, and the Delta is for 75 x CS100. Therefore, what basis is there for comparison, when both airlines have exclu...

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by bigjku
Mon Oct 16, 2017 3:49 pm
Forum: Civil Aviation
Topic: Bombardier exploring sale of aircraft programs
Replies: 136
Views: 21249

Re: Bombardier exploring sale of aircraft programs

As both run about three lines for over 200 seat airliners, having two lines for single-aisle airliners would not sound funny. Both Airbus and Boeing could focus their existing lines to larger capacities and ranges and let CSeries to compete for smaller planes. But as said, that is unlikely to happe...

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by bigjku
Mon Oct 16, 2017 3:15 pm
Forum: Civil Aviation
Topic: Boeing 797 Discussion Thread - 2018
Replies: 2796
Views: 339624

Re: Boeing officially forms program office to flesh out 797 plans

The 797 will sell like hot cakes. QF is making a clear commitment in this interview. I can see Boeing launch with over 500 orders in the books. 500? I wish I shared your enthusiasm. The potential customers I have heard of within the US were not what I expected. Have to wait and see I guess. I do th...

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by bigjku
Mon Oct 16, 2017 2:53 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

BBD put itself out of business trying to build this plane. The numbers are right there in their financial statements I don't want to get too involved with this thread again, its just looping around in circles and its pretty clear none of us are going to change our viewpoints. That said - I'll just ...

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by bigjku
Mon Oct 16, 2017 2:47 pm
Forum: Civil Aviation
Topic: Bombardier exploring sale of aircraft programs
Replies: 136
Views: 21249

Re: Bombardier exploring sale of aircraft programs

IMHO this is a reflection of the fact that BBD is going to run out of cash again in the next 24 months trying to get the C-Series up and running. The problem for the C-Series with both Boeing and Airbus if they bought would be you need to stretch it and then build it at a high rate to keep it price...

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by bigjku
Mon Oct 16, 2017 1:25 am
Forum: Civil Aviation
Topic: Bombardier exploring sale of aircraft programs
Replies: 136
Views: 21249

Re: Bombardier exploring sale of aircraft programs

IMHO this is a reflection of the fact that BBD is going to run out of cash again in the next 24 months trying to get the C-Series up and running. The problem for the C-Series with both Boeing and Airbus if they bought would be you need to stretch it and then build it at a high rate to keep it price ...

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by bigjku
Sat Oct 14, 2017 4:48 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

That is all well and good but there has to be a remedy to balance the unfair advantage Boeing maintains by having originated as a military supplier and having secured massive orders for the KC 135 upon which so much of their entire narrowbody product line has relied. Maybe if they’d had to go get m...

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by bigjku
Sat Oct 14, 2017 12:08 pm
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

I don't know.... Maybe a company can on multiple occasions sell their aircraft below cost (united of course not being an example) to ensure a rival can not get the sale. Please do not confuse this with launch pricing. It is very beneficial by the way being one of the duopoly members. For some reaso...

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by bigjku
Sat Oct 14, 2017 1:14 am
Forum: Civil Aviation
Topic: U.S. Dept of Commerce backs Boeing in dispute with Bombardier
Replies: 1424
Views: 96851

Re: U.S. Dept of Commerce backs Boeing in dispute with Bombardier

BBD had a good leverage and disruptive product when they had the only GTF equipped aircraft. BBD hoped that this disruption would justify a high price for the CSeries. The higher price was the only way to pay off the high R&D costs. When Boeing, Airbus and Embraer did their re engines as well, ...

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