RE:RE:RE:Bond holder noise used to artificially suppress the priceFrom the conference call:
Noah Poponak
Bart, could you just spend a little bit more time on the 7500 margin and how that’s progressing? It sounds like you’re seeing a nice ramp through the year, just how much confidence do you have in that? And then, also, if you could just speak to a little bit more specifically how the mix changes for you or against you into the margins through the rest of the year?
Bart Demosky
I’ll maybe comment on the profitability, and then I’ll turn it over to ric to talk about mix and a little bit more about the market. EBITDA on the 7500, it’s already positive in Q1, Noah. We don’t talk specifically about margins across our aircraft. But, we do expect the platform to be accretive to overall margins by year-end. We’ve got total cost visibility, all the way through aircraft 100, which is already in the build cycle and all of the learning curve improvements that ric and I’ve talked about are right on track to deliver the 20% of incremental improvement. And just to expand on that, most -- or the vast majority of material costs are already contractually locked in. So, we’re highly confident in achieving our goals there.
Jim
Shamhorish wrote: jim9, i may be wrong, but i think Martel or Bart said that G7500 will be profitable by year end or the delivery of G7500 one hundred jet
please verify and correct!!!!!!!!!!!!!!!!!