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Old 22nd Mar 2021, 21:18
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V12
 
Join Date: Nov 1999
Location: Edinburgh
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Skipness One Foxtrot

Yes IIRC that PFI contract guaranteed thousands of hours/year MORE than the Govt required in the original spec, at an av hourly rate which was around 10x the open market rate on a standard A330. Yes there were hose conversions to do, but 10x multiple and guaranteed excessive hours for about two decades is what PFIs are all about. Titan will look SO cost-effective by comparison. And they know what they are doing and are almost an institution in British Aviation.
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