http://assets.amuniversal.com/59e80c...a6005056a9545d
from: http://www.gocomics.com/breaking-cat-news/2017/01/11
Best Wishes
Paper Tiger
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http://assets.amuniversal.com/59e80c...a6005056a9545d
from: http://www.gocomics.com/breaking-cat-news/2017/01/11
Best Wishes
Paper Tiger
Roger.
think you link was for this:
http://www.forbes.com/sites/afonteve.../#2a388143450c
refers to 787-8's
Best Wishes
Paper Tiger
Yeap that's the one, got frustrated the link didn't work for me.
AIR was a launch customer for the 787 as you know and committed to the contract over a decade ago in conjunction with a large order, (for them) of 777's.
They have said they were extremely pleased with the deal they go which involved an unprecedented discount for them. They would have also got significant additional concessions in regard to the delay caused by the battery issue and manufacturing delay's. C.L. let their $150m cost for 787-9's slip in the 2015 annual meeting. Was he talking Kiwi or $U.S., that's the question ? Certainly to the best of my recollection there was no mention of $U.S prefacing that figure mentioned at the time but I accept its normal in aviation circle's to talk numbers in $U.S.
How's the Tiger profit model looking for FY17 looking mate ?
I have a feeling of deja-vu here so may be I have posted some of this (perhaps this?) before but...
The plausible, but hopefully unlikely, worst case is NPBT of $370M which we really do not want.
I am currently leaning towards a realistic NPBT of $450M and an optimistic $490M.
Whatever 2017 is, expectation is that 2018 will be worse.
Best Wishes
Paper Tiger
http://www.4-traders.com/AIR-NEW-ZEA...07/financials/
Brokers average estimates for FY17, 18 & 19.
Any divvy hound worth his salt won't care about minor deviations from the main theme and will note that even based on brokers conservative forecasts AIR have plenty of money to pay their regular 20 cps annual divvies through to FY19 and after that we have a meaty capex holiday so the feeds should get even bigger from there :)