Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
****nal17 i have never suggested selling at a loss or underpricing etc. yes we know the engnes were sold at a loss or cost with the money being made up on the care service. tufan has clearly stated that the care policy was an underpriced insurance policy . with the t1000 very nearly bringing down the company. he doesn;t want tht to happen agin an we all know he's jacked the price up on everything. my concern all day yesterday was that he had over-egged the increase. but as we know its all one big game the price will be reduced or some other financial method will be found to make it attractive. america aways has the advantage though that the dollar is the currency in aviation abut to us it can mean unlanned losses just like what happened to laker
****n17 as i have a degree in economics i really get it more than you suggest. i'm well aware of the game as i explained in great detail regarding freddie laker a few days ago. ali bashir and tim clarke are aways playing this game tufan has played hardball at bp its all about a meeting in the middle and making sure that both remain solvent in the long run. buy a bunch of engines and then seeing the supplier go bankrupt because you made them sell at a loss is not good business.
GE paid Boing many millions to be the sole engine provider for the B777X. Not heard anything about RR paying Airbus though.
Interestingly Airbus have booked a press onference at 11am on Thursday which I didn't see before.
https://www.dubaiairshow.aero/press-conference-schedule#
aits unusual because the airshow business is usualy all concluded within the first three days.
Airbus Chief Commercial Officer Christian Scherer defended Rolls-Royce's Trent XWB-97 engine.
"It's a perfectly fine engine operated by many customers around the world. Tim does not operate it," he said while announcing an order from Egyptair for 10 smaller A350-900s
EgyptAir orders 10 A350-900, delivery 2025-2027
https://x.com/anwaviation/status/172431 ... 4RrNJUmFQA
Bloomberg sat down with Tim Clark yesterday to discuss the order made at this year's DAS. At about 2:08, the question as to why the A350 wasn't ordered is discussed. In summary it comes down to engine issues and performance guarantees with RR.
https://www.bloomberg.com/news/audio/20 ... nt-podcast
This board seems to have turned into a bullying board but then I'm pointing out the obvious once again.
Yesterday there was a large buy the price rose.
Cev I know its obvious
Hi Cev Orders would dry up if RR over priced the engines. but I believe realism would take over and a deal will be done.
i'm long and srtong here don't you worry
Hi cev
Well you've worked out that I am an aerospace engineer.and so yes know a more but aeonautical engineering.
We alll know its a game on pricing its what you can get away with. The problem is if aircraft orders dry up and airbus install other engine options. Yes that would take time but is possible.
Its looking as though RR have over-egged their new pricing. Its causing delays in order announcements and upsettig airbus a little
TK just shared the following investor release:
'Our Incorporation has been engaging in discussions with aircraft and engine manufacturers as part of the growth targets set forth in the Strategic Plan covering between 2023-2033 period. In this context, discussions with Airbus for the purchase of 355 aircraft—240 firm and 115 optional— to be delivered between 2026-2036 are ongoing. Necessary announcements will be shared with the public following to the Board of Directors' approval.
Respectfully announced to the public.'
Probaly about 1000 aircraft will be ordered but we are looking at only the aircraft that have RR engines,
Emirates have ordered 90 B777's already but there is a rumour they will order 50 A350's too. i'm guessing that this will be confirmed at 10am because emirates will be insisting on it to grab all the headines.
Airbus has two announcenments today with the first one at 10am uk time.biggest orders usually annunced first.
https://www.dubaiairshow.aero/press-conference-schedule#
Everything I;ve been sayng for the past month is falling into place. The airshow starts Monday and THY finally come to a decision.
KLM/AF will be good with THAI forced to order or be left behind.
292,000hours expected plus 3% sounds pretty good.The question though has to be how much is charged per hour?
With wide bodies I am guessing but I would say average flying time is 15 hourse per day?
£100 per hour sounds far too cheap for the use of a $25m engine?
£1000per hour is probably closer and for an 8 hour flight would be £16,000 for the two engines. Paid for by about 40 economy seats? Does that sound about right?
If so then that extra 3% =8760 hours or 8,760,000 extra income above the expected?