PPRuNe Forums - View Single Post - UK SAR 2013 privatisation: the new thread
Old 20th Apr 2019, 12:51
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Apate
 
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Originally Posted by jimf671
A difficult question when viewing from the outside. Some suggest the AW189 delay may be partly supported by Leonardo but it's still quite likely the latter case is the reality up to this point. In a few months when CG151 is in place and the transition team are gone there should be a chance to make some money. It won't be huge though since a contract estimated at £2bn to £3.3bn for 14 or 15 aircraft that was awarded at £1.6bn after revising to 22 aircraft (incumbent's bid over 20% higher!) isn't going to be plain sailing.
Thanks Jim. At least it should be very cash flow positive over the coming few years as the Capex will have all been covered.
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