Originally Posted by
Reroute
. What I do know is that the interest rates float with the market on some of those aircraft, which seems unusual to me.
interest floats with the eurobank rates, wich are flat and will continue to be flat . jb got lucky when they did their airbus deal as it was at a time when airbus wanted to pass boeing on market share, an ego thing just like the a380, and the euro and the dollar where equal in value ( and jb, just like any other company doing deals on foreing currency has currency insurance).
JB was the only new entrant with a lot of cash and a lot of possible orders, airbus went all out for that, and 9/11 only made things better for jb. I'm sure now airbus wished they would have done things differently ( on both the a380 and the jb airplane deal).
jb pays for the plane the same as ual who as over 150 airbuses and nwa who as over 130 airbuses ( jb has 100)