RE:RE:RE:RE:RE:RE:Hmm some slimy words thereChallenger cost ~ $30 mill with ~ margin of 11-15%. So 3.3-4.5 mill net per aircraft. Global cost ~ $70 mill with ~ margin of 5%. So 3.5 mill net. So per aircraft they are making almost same. With 1.8 book to bill they increased the quantity of jets in their order book but the gross dollar amount stayed the same. And as i explained in my earlier post, challenger will bring in more in after market revenue as well. Higher $$ cost product doesn't always mean more net profit.
mnztr wrote:
If they booked 1.8x the units and the $ backlog did not increase then the planes they booked as a group were much cheaper. 44% cheaper to be exact, then the ones they delivered in Q2. Its pretty easy math to do.