All sorts of rumours abound:
- The VC10 might have to stagger on until 2020
- Financing the A330 PFI is proving a lot more difficult/expensive in the wake of the Northern Rock and 'Sub prime' loans problems.
- 'Civilian owned' aircraft used in operational theatres will not necessarily be considered to be military aircraft.
However, the glass-cockpit Timmy is certainly going ahead. Not sure about the simulator though.....