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Warren Buffett sold his entire stake in airlines
- Thread starter ginfreely
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The day Mdm Ho says it's her mistake will be the day the sun rises from the west.
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(CNN) — There's nothing quite like seeing an Airbus A380 for the first time. It's so big -- the largest passenger plane ever built -- that its wingspan almost runs the length of a soccer field, and more than 800 people could fit in one if all seats were economy class.
The ride is exceptionally comfortable, a plus when a flight can be as long as 16 hours and take you halfway around the world. The cabin offers plenty of space and opulent amenities, making it a favorite among passengers and crew.
Airlines, however, loved it much less: Airbus was hoping to sell as many as 750, instead it's scheduled to halt production in 2021 after just over 250 will have rolled off the line in Toulouse, in the south of France. It's been in service for just 13 years.
With a list price of about $450 million per aircraft, the A380 is a technological marvel packed with forward-thinking engineering, but it was conceived by taking cues from a bygone era of aviation, which ultimately clipped its wings.
The lifespan of the superjumbos already in service may well be further shortened by the coronavirus pandemic's devastating impact on the aviation industry. An aircraft that was once considered to be the future of travel is seeing its past approach ever faster.
The ride is exceptionally comfortable, a plus when a flight can be as long as 16 hours and take you halfway around the world. The cabin offers plenty of space and opulent amenities, making it a favorite among passengers and crew.
Airlines, however, loved it much less: Airbus was hoping to sell as many as 750, instead it's scheduled to halt production in 2021 after just over 250 will have rolled off the line in Toulouse, in the south of France. It's been in service for just 13 years.
With a list price of about $450 million per aircraft, the A380 is a technological marvel packed with forward-thinking engineering, but it was conceived by taking cues from a bygone era of aviation, which ultimately clipped its wings.
The lifespan of the superjumbos already in service may well be further shortened by the coronavirus pandemic's devastating impact on the aviation industry. An aircraft that was once considered to be the future of travel is seeing its past approach ever faster.
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SIA has to be saved @all cost, it's the national carrier n icon of Singapore. Temasek is doing the right thing! Billions n billions will be pumped into the airline.. Woo Hoo
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LKY once said that SIA must perform on its own two wings.
That if they are screwed, they should just close. How come
they quote the old man in this instance ?
That if they are screwed, they should just close. How come
they quote the old man in this instance ?
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i fail to understand this ...warrens move...i had always thought he is not a speculator but calculated on assets and returns basis
unless ,the entire tourist businees is gonna clopse for a long time which i personally don't think likely to occur
you see ,travel in human history had been the only thing that is constant in life next to death ...
and to be reminded in the old Jewish saying ,buy when you hear the gun shots and sell when the drum for retreat beats .
my 2 cents
unless ,the entire tourist businees is gonna clopse for a long time which i personally don't think likely to occur
you see ,travel in human history had been the only thing that is constant in life next to death ...
and to be reminded in the old Jewish saying ,buy when you hear the gun shots and sell when the drum for retreat beats .
my 2 cents
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