PLAN FOR THE RENOVATION OF THE FLEET
The purchase of 20 Embraer aircraft by Aerolineas Argentinas could be a bad deal for the state, at least from a strictly Financial. It happens that the average price committed to each of these aircraft is nearly 30 million dollars, while the latest market valuations show that these planes can get at a list price of $ 28 million, while the real price or "market" fell to U.S. $ 25.3 millones.La operation was announced in May by President Cristina Fernández , the same day her then-Secretary of Transport, Ricardo Jaime, specifying that the total purchase would cost "nearly $ 600 million, of which 85% will be financed by the National Development Bank of Brazil ( BNDES). But the impact of the global financial crisis also hit on the orders of the Brazilian factory. A market report on the trade publication that sheds Ascend is acquiring Embraer 190 Airlines (those used to renew the fleet of Southern) had a list price of $ 29.9 million in October 2008, then fell to U.S. $ 28.70 billion a year later. In terms of market valuation (prices actually end up paying customers Embraer), the contribution of 2008 was U.S. $ 28.30 million per plane, relatively close to list price. But a year later, in October 2009, the market price fell to $ 25.3 million per aircraft. Which reveals that airlines would pay about $ 4 million above the market value of each team or, what is the same, $ 80 million dollars more for the purchase of 20 aircraft. Since the Government has defended the operation as something that goes beyond strictly business and that involves the bilateral relationship with Brazil. About the promise by filing Brazilian manufacturing of some parts of the Area Material Embraer Córdoba.En that sense, yesterday the Secretary of Transportation, Juan Pablo Schiavi, defended strictly official policy towards airlines. In announcing the start of regional flights from Aeroparque, said that "the national state has taken the decision to take on airlines for himself and has a very efficient work on it." And he said, the deficit of 2,300 million pesos Airlines recorded in 2009, "the company should be more controlled and audited more we have."
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