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Thanks for the explanation. Although this is indeed no subsidy, it does show the close interrelation between the state and the market and the degree of reliance of Airbus on the instruments of the state.

I'd think that the increase is caused by Airbus having made many sales outside of the OECD (Middle East, China, India, Singapore), then, and the airlines there no longer being able to finance these as easily.

by nanne (zwaerdenmaecker@gmail.com) on Sat Jan 17th, 2009 at 05:25:38 AM EST
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