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Old Jan 19, 2005 | 12:30 pm
  #9  
Boofer
 
Join Date: Sep 2004
Location: SYD
Programs: UA 1K; VA Gold; QF Gold; HHonors Gold; Marriott Gold; National ExecElite
Posts: 419
Originally Posted by USA_flyer
Correction: the US airlines don't have much to invest. Qantas made a 500million profit last year for example...
Yes, thanks. I was only thinking of U.S. and most European legacy carriers. Asian airlines in general are doing very well.

And Airbus may indeed see a large proportion of orders for the freighter version (and as I've said earlier, I'm totally excited about seeing the FedEx birds flying over IND!). But I read somewhere that Boeing is still mulling the possibility for offering an updated 747 with the Dreamliner engines and updated controls and avionics. So I wouldn't yet conclude that Boeing decided not to compete. I think they just decided that they couldn't provide the return on investment that their shareholders require by designing a completely new jumbo from the ground up.
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