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Originally posted by pause4thought
Shares in Airbus are going to take a hit this week. News has just emerged that Air France has been replacing suspect speed sensors for months, putting a whole new spin on the aftermath of flight 447.
This is could well have an impact on the value of any airline with A330s.
Air France has said it is accelerating replacement of speed monitors on Airbus planes following the disappearance of a jet over the Atlantic six days ago.
It said it had noticed problems arising from icing on the monitors last year and had begun changing them in April...
Investigators say that sensors on board the missing Airbus 330 were providing "inconsistent data" in the minutes before it went missing.
On Saturday, Air France said that in May 2008 it had begun noticing "incidents of loss of airspeed information during cruise flight" on its A330s and A340s jets - although only a "small number" of incidents had been reported.
The airline said it then contacted Airbus, who sent a recommendation to replace the monitors.
Expensive airplanes may be out of commission for other reasons - expensive maintenance.
Are you questioning whether airlines are keeping up with maintenance schedules? That would be illegal, as they have to keep to strict regulations to qualify for an Air Operator's Certificate / Air Carrier Operating Certificate (-which is why it is best to avoid certain non-certified carriers based in developing countries).
Originally posted by redhatty
reply to post by cpdaman
It's pretty hard to tax people who have no income and buy their food with food stamps.
The VAT proposal will be a huge FAIL and it will make the economy worse
Federal Reserve Chairman Ben Bernanke does not agree. The likely base case—not the adverse scenario—used for the Fed’s Stress Tests for the 19 largest banks posited 2010 GDP growth and unemployment at 2.1 and 8.8 percent. Most economists agree and are forecasting growth averaging about three percent after that.
Simply, the tax base will grow more slowly than President Obama assumes, and planned taxes on CO2 emissions and high income Americans will be tough to implement.
For years to come, federal finances will likely look a lot like Obama’s 2010 projection—the deficit at 50 percent of revenues and the Treasury borrowing $100 billion every month.
As President Obama spends and borrows, the Treasury will have to offer higher rates on new 10 and 20 year bonds, making comparable securities issued in 2009 and earlier worth less in the resale market.
That interest rate risk makes U.S. Treasury securities lousy investments.
For rating agencies, Washington’s monopoly on printing dollars makes difficult assigning a conventional rating between AAA and D on its bonds. Those can’t default but investors’ capital is still at risk.
Perhaps a special grade: “F” for flee them now before you get stuck
Originally posted by irishchic
reply to post by Rockpuck
The red hair is mine just "enhanced" and the pole plays a huge part in "keeping me young!"
Originally posted by pause4thought
reply to post by ladyinwaiting
It does have to be said, though, that the contents of this thread should never be taken as investment advice per se. It's data and trend-watching that helps us to see what might be round the corner - well that's the hope anyways.
Originally posted by stander
America has two ways to go: it will become a dictatorship country supporting further illicit market mechanisms, or it will go through a long period of "perestroika."
Gorbachev says U.S. needs its own perestroika