100 Giant Planes worth $30 Billion

Discussion in 'Chit Chat' started by bearice, Jul 28, 2011.

  1. Research before you make trading decisions and investments.

    I think Singapore Airlines has purchased 100 Airbus A380 planes and cost of each A380 is $300 million. So total cost of 100 planes is $30 Billion. Please confirm this.

    But Singapore Airlines profits have fallen some 80% because 40% earnings go for the purchase of fuel. Please confirm this since I just saw CNBC report.

    What is going on in the world because of Obama's $9 Trillion whatever bailouts?