2016 Postmortem
Related: About this forumAirbus gets BILLIONS of dollars in subsidies...
From many European nations, if we don't provide something similar to an American company like Boeing how do they remain competitive in the marketplace?
Yes this issue is MUCH more complicated than that, but I do think that there are some benefits to the Ex/Im bank, and those should not be overlooked.
itsrobert
(14,157 posts)Those jobs wouldn't be there without the help of the US Govt and programs.
angrychair
(8,702 posts)In their 4th quarter fillings they stated:
"Fourth-quarter revenue fell about 4 percent to $23.57 billion. Analysts expected $23.53 billion, according to Thomson Reuters I/B/E/S."
See that: $23.57 billion in a single quarter. Screw them. Pulling down they kind of coin I am sure then can figure it out.
Agschmid
(28,749 posts)The maintenance they must do? The development they must do? And remember revenue figure is just top line sales, or at least that's how you've framed it.
I could check the 10k to get more information.
angrychair
(8,702 posts)Not going to concede any points to giving billions of dollars in corporate giveaways to anyone.
Agschmid
(28,749 posts)Travis_0004
(5,417 posts)Yes, its hight, but they have to pay for thousands of employees and building 50 or so commercial planes is not cheap. I dont give a crap about revenue.
Agschmid
(28,749 posts)What's really revealing is that Airbus statements seem to show a loss, yet they are propped up by the Euro governments... And Sanders wants to end that here in the states, and that could cause companies like Boeing to go under or have to significantly reduce their size.
I can't support that.
Jitter65
(3,089 posts)except when they are not.
Skwmom
(12,685 posts)FBaggins
(26,748 posts)They get euros.
Recursion
(56,582 posts)It has a government charter but it's not like it's taxpayer money; it's an actual bank.
valerief
(53,235 posts)Those countries?
Agschmid
(28,749 posts)valerief
(53,235 posts)Agschmid
(28,749 posts)Sure we spend the most on it and we probably should not spend as much as we do but how does that relate to what Airbus gets vs. what Boeing gets in subsidies.
valerief
(53,235 posts)Agschmid
(28,749 posts)Did you miss that?
valerief
(53,235 posts)like our citizens and, yes, even corporate welfare not related to war.
But Boeing IS war.