those repayable loans

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Hello List-

A few thoughts on the announcement regarding France's
extension of a REPAYABLE loan for the A380:

- If you were the only other 100+ seat commercial
airplane maker in the world and the only product you
lacked in order to compete fully with your competitor,
you would look at any possible option when it came to
money. Boeing has a monopoly in the jumbo-jet market.
The 747 is the only product available to the airlines.
While the demand for this product is a different
story, Airbus is making sure airlines have a CHOICE
when looking into the purchase of airplanes.

- Remember these are REPAYABLE loans. Airbus WILL
still be required to pay back the loans. They're still
paying back loans given to them years ago, so it's not
like the government is just giving them money.
(On a side note, do you think the European airlines
are happy that our US-carriers received all that
money, never to be repaid back to the gov't?)

- What's it to us if they do this under the table or
not? Boeing does receive indirect help from the
government via the military. Give Boeing a military
contract to develop some planes and who's to say where
the money from that program goes to?

I'm not pulling all this out of nowhere, just some
thoughts because last week, I turned in an 80-page
senior thesis on the privatization of Airbus as being
the key element to its success in the commercial
aviation market.

=====
-Christopher Liao
Pawtucket, Rhode Island
Wooster, Ohio
================================
http://pages.wooster.edu/liaocl/

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