RE:ChinaI was responding to criessarster, who is very nervous about the China deal. I missed your orginal comment, so I do not quite understand your response. I understand your misgivings but I am not sure what Flyht could do about it. They may (or may not) have lowballed on the royalty for installating the equipment, for example. (Skyblue prohibited Flyht from giving us numbers, since they do not want their customers knowing the mark-up.) I do not care much about the royalty as recurring revenue is so much more lucrative. Think of it, 218 planes with a long lifespan in the air leads to a big pile of recurring cash. At 80% margin, no less.
Other concerns about the way China does business is moot. The only control Flyht has is to trade or not to trade. Also, being first in this market can greatly increases the chance of being first in another.
Piper