there were the previous threads saying some NW
exec spilled the beans on the cost of their A333 which IIRC was around 70 or less and there was the CI
website announcement of financing for one of theirs for 80s millions. Its quite possible its less engines and other airliner supplied equipment like furnishings but some major airlines are not paying over 100 total for sure!
then there are the qantas threads which say QF
paid less than 100 for their 744ERs. when either manufacturers want your business its a buyers market out there!
June 21, 2004, Taipei, Taiwan- China Airlines and CALYON, a leading French bank, today held a joint signing ceremony for a US$ 235 million financing contract for CAL¡¦s acquisition of three new Airbus A330-300 aircraft. The new aircraft financing is guaranteed by the European export credit agencies. Mr. Phillip Wei, President of China Airlines, and Mr. Michel Roy, Senior Country Manager of CALYON, signed the contract for the two companies. The three new aircraft are to be delivered in late June, July and December, 2004.
China Airlines ordered 14 A330-300s from Airbus Industrie in 2002, and will take delivery between 2004 and 2007. The A330s will eventually replace CAL¡¦s A300-600Rs on Asian regional routes departing from Taipei and Kaohsiung. With 313 seats, the A330 has 18% more capacity than the A300-600Rs. In addition, the A330 aircraft have a high degree of commonality with CAL¡¦s A340 fleet, which leads to reduced maintenance and flight crew training costs, and increased pilot productivity.
¡§We are pleased to entrust CALYON as the manager, underwriter and security trustee for this financing case,¡¨ said Mr. Phillip Wei in the ceremony. ¡§Continuous support from banks is essential for our future growth.¡¨
Despite the current high fuel prices, China Airlines has managed to keep fuel costs low through hedging. As a result, CAL foresees solid growth in 2004, and expects to post an after tax profit of NT$ 3.1 billion for the year. The signing of this financing contract illustrates that China Airlines¡¦ financial performance and future prospects are highly regarded by international banks.
[Edited 2005-08-13 18:19:04]