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Re: gernb1 post# 63567

Thursday, 05/27/2004 8:36:02 AM

Thursday, May 27, 2004 8:36:02 AM

Post# of 93819
Another gem in that write up pointed out by trillium over on agora...

From the article

'Jetsgo chief executive officer Michel Leblanc said the airline is buying more than 1,000 of the units, which cost about $2,000 apiece, and, to begin with, will put 40 on each plane.'

I believe they are talking Canadian dollars here which converts to $1459.43 in US dollars.....A sum considerably larger than we've heard discussed before. Perhaps the $1000/ unit cost previously mentioned is actually EDIG's gross revenues / unit which includes manufacturing costs.




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