Re: Airbus A380: Biggest-ever passenger plane unveiled
"OG...? No, he is a bonafide white American. FYI."
Smile when you say that Bhai.... And, for future reference, please refrain from calling me "white". I prefer "we-for-whom-tanning-is-optional", thank you very much....
Re: Airbus A380: Biggest-ever passenger plane unveiled
So you think that Southwest is the only airline in the world that is making profit? You must be kidding.
Yes they are celebrating their accomplishment. What’s wrong with that? While EU is spending and investing their money in modern innovations, Americans are wasting their taxpayer’s money in military and unnecessary wars.
Re: Airbus A380: Biggest-ever passenger plane unveiled
BTW is that british ballon millionair /billionaire whatever nuts. Last night on CNN he said he wanted to buy a few of these planes and convert them into shopping malls and a gym. OK Yeah I am gonna workout for 17 hrs going to pakistan.
Re: Airbus A380: Biggest-ever passenger plane unveiled
"So you think that Southwest is the only airline in the world that is making profit? You must be kidding."
Ar you able to read? What I am saying is; On the whole the airline industry is not, nor has never been nor every will be a healthy industry. The airline industry is an eater of capital. More equity has been lost investing in airlines than almost any other industry. And, at some point you must ask yourself, can those who supply the airline industry every really be healthy if the airlines are constantly failing.
Lets face it, the Airbus is a sexy product. Bigger does seem cooler. But it is not necessarily what people will want to fly. It will be good for exceptionally high volume point to point routes, but that is a small fraction of air routes today. If the plane proves unreliable, imagine placing 500 stranded passengers in hotels for the night. Improvements to accomodate the weight of the plane will only be done at the largest airports.
It is certainly a bold maneuver, and if used to capacity, could present savings of 20% or more to the customer or airline. On the other hand, if it fails, the EU, not some entrepreneurial country will be left hodling a multi billion euro bag. Just risky public policy.
Re: Airbus A380: Biggest-ever passenger plane unveiled
Don’t worry about it. This plane won’t be going to Pakistan anyways. Neither PIA has that much money to purchase it nor Pakistani airports are capable to handle this Giant.
Re: Airbus A380: Biggest-ever passenger plane unveiled
Matsui, fare wars have been known to happen! With most long haul carriers there is far less competition, so fare reductions are less likely. On the other hand, when you have 500 seats to fill, you will do anything to fill them. Frankly the largest airline buying these things is Emirates. Can they put butts in the seats? Who knows? How many rich Arab butts are there?
Call me sceptical, too much hype on this thing. If it proves successful, Boeing will jump in with a lot less risk. Thank you EU for sticking your neck out there.... If it fails, tax increases for everyone! Whoopee!
Re: Airbus A380: Biggest-ever passenger plane unveiled
OG, that is all good and well..my point is that the incremental cost for hauling 600 passengers vs. 400 passengers is low. While the topline growth is much more. So I see no reason for them to pass the margins on to the consumers. It's a business dawg..not a friggin charity although with europeans no one ever knows.
Re: Airbus A380: Biggest-ever passenger plane unveiled
Without taking risks the EU would never be able to become a major economic/super power, risk taking is part of the deal, it’s what drove the U.S. to the top.
Re: Airbus A380: Biggest-ever passenger plane unveiled
^ No... ability to innovate and have the belief that the future is brighter is what drove the US to the top. The latter point is very important. Countries and people who hold the past as an ideal are going to be forever losers. Europeans are learning this and are becoming more American day by day.
Re: Airbus A380: Biggest-ever passenger plane unveiled
^ and many people think this world is but a waiting cesspool until the rewards of a perfect afterlife are bestowed upon them. That is a demotivation strategy that makes it hard to make it to the top in this world.
Re: Airbus A380: Biggest-ever passenger plane unveiled
Matsui,
There is a huge incremental cost increase, these planes will cost nearly a quarter of a billion dollars a piece. Fuel and labor are economized, but only the most well capitalized will be able to afford this plane. Nearly one third of all of the orders is little Emirates Airlines. They are ordering on the premise that they will become a long haul hub. If this does not happen, then there will only be 100 planes ordered, and a need for 250 to spread the cost to a reasonable degree.
And folks, the hype that this is proof of EU ingenuity is a little overstated. Boeing could enter the market in a heartbeat, and the order book for this plane would almost certainly be much harder to fill. Sometimes the second mouse gets the cheese after the trap slams shut and kills the first mouse. This is a government driven project, and I have deep suspicions about whether supply or demand is pushing this project. If there truely turns out to be demand for this size plane, it will have a 30 year life cycle, and there will be plenty of time for competition.
There was a lot of high-fiving at the launch of the Hindenburg and the Titanic also. Exciting moments, but more ego and testosterone than anything. That simply arouses the contrarian in me....
Re: Airbus A380: Biggest-ever passenger plane unveiled
No OG, I was talking about per flight economics vis a vis a jumbo jet and this behemoth. COnsidering the 747's are now almost 30 years old, the ROI is there in terms of initial investment when buying planes. Also planes are sold in the secondary market as well. It is the operational costs that I am more concerned with. Which gives credence to going bigger and faster.
I am with you on Boeing strategy. There are bascially two companies that can compete on scale anyway.
Oh and Never has an airline failed because they bought 20 new planes...they fail because they couldn't fill all 200-300- or 500 seats. It is not capex but op-ex.