|Quoting Stitch (Reply 14):|
I do know the A320 has been a windfall for the British taxpayer, but I do wish somebody could find the same information on the A330 and A340. The RLI agreements say that those two programs also send a royalty check to London, France, Berlin and Madrid with each frame sold, so after 1000+ you'd think those programs would be well on the way to full re-payment, but I don't believe anyone has ever been able to show it, which leads to claims that these royalties are both fictional and "red herrings" and RLI is in fact a "cash gift" and not a loan. Even the UK House of Commons report on RLI that folks point to as proof of RLI repayment only speaks of the A320 program.
Grrr. Why do I have to produce this again and again. Richard Price, where are you?
Some of the documents are specific about the A32x and some are similarly specific about the A33/4 program, although none I can find sets it all out in the simple detail that would be nice.
THE BAE 2000 report states: "During 2000, launch aid repayments charged to the profit and loss account in respect of our Airbus programmes reduced substantially to Ã‚Â£122m (1999 Ã‚Â£176m). Launch aid repayment was completed in 1999 on single aisle programmes, with repayments moving onto a royalty basis from 2000. The charge to the profit and loss account for these programmes amounted to Ã‚Â£22m (1999 Ã‚Â£74m), while on the A330/340 programme, repayments amounted to Ã‚Â£100m (1999 Ã‚Â£102m)."
As the outstanding amounts on the 330/340 program are listed by HoC as
GBP46 in 98 and 33 in 1999, a bit of maths suggests most of these sums must be per copy royalties on the 330.
A table from HoC 2000 gives
I am not sure why it is assumed that documents submitted to the House of Commons contain lies. The penalty for that might no longer be the Tower, but probably not much more pleasant.
No I cannot tell you how much has been repaid on the 345/346 but the amount advanced was not great.
What is clear is that returns to the various countries have now exceeded the total amounts initially advanced. The WTO case has at least winkled that bit of information out. No longer are we solely reliant on the UK data.
Anyone care to produce schedules of payments to and repayment by Boeing?