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Old 11th Feb 2011, 18:45
  #191 (permalink)  
PANews
 
Join Date: Dec 1999
Location: Waltham Abbey, Essex, UK
Age: 77
Posts: 1,174
Received 8 Likes on 4 Posts
Flaxton, you really must take off that blindfold and let the light into your rose-tinted spectacles.

You have supported MD to the end of the road and beyond..... and have faithfully knocked everyone that suggested all was not rosy in the garden. In all fairness your positive defences have not really born fruit in turning around the situation. The production numbers have simply not made it anywhere near the LT predictions year in year out.

No MD are not dead in the water, no their products are not rubbish. They are old, very old, and not recently upgraded but as long as they fly there are positives.

As you know selling aircraft is only part of it. On the whole they make more money for the manufacturer flying and consuming spares.

The sad fact for MD is that they, and their products, do not impress the buyer and they do not buy a worthwhile number of new ones. The exception may be Boeing and the Little Bird.

That leaves LT with an asset that is making money consuming spares. As long as the grounding rates can be controlled that gives her time.... time when she can look to use profits to improve [and maybe even sell more].

Does she have the patience to sit it out?
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