|Quoting art (Reply 2):|
149/280=0.532 (€ 149 million instead of € 280 million = about 47% discount)
149M EUROS vs 280M DOLLARS.....
That may well be a 30% discount, dependent upon the exchange rate back in 2001.
For what its worth the average exchange rate in 2001 was about $1.12/E, making E149M become $167M (which is still 40% discount)
But the spread is quite large.
Also Airbus may have hedged differently, which could alter the calculation.
It as always also begs the question of apples for apples, as list includes everything, including engines and Customer furnished equipment, whereas the actual contract price may have a different content (e.g. excluding engines and CFE
There's more than enough caveats there to be going on with