Nov 23 sales vs Airbus China deal

[Rustynutt]

http://www.marketwatch.com/news/story/story.aspx?guid=%7B464572A7%2D122F%2D48B0%2DA79B%2D8AD9593C0C87%7D&siteid=rss =10.3bn

http://news.bbc.co.uk/2/hi/business/4497528.stm = $5bn


Someone correct me if I'm not seeing something right here. When I read that Airbus was making a deal with China for a number of aircraft, reportedly a $5.bn dollar deal, I kind of breathed a sigh of relief for the Euro market, at least that sector.

Then I see the estimated one-day retail sales of Nov 23 to be $10.3bn for "Black Friday", it kind of boggled the mind. If I read this right, Americans spent twice as much in a single day than China will for the order for 70 Airbus aircraft.

Somewhere I must not be reading this right, didn't realize that aircraft were that inexpensive to produce, compared with my gussestimated 95% (ok, maybe a bit high, Korea has nice stuff too) Americans spent on Chinese junk in just one day.

Is the American retail market actually that large?

Someone please tell me I'm wrong here.

(thanks for the edit feature)

And one more edit, I guess this might have been better placed in the "Business" section. Sorry.

 

[Hardcorps]

Aircraft run between 50-300 million a piece depending on what type you order.

 

[Tempest]

If you follow this forum here for a few weeks (or months) you were learn a lot about airliner production, airline service...etc.etc.

http://www.airliners.net/discussions/general_aviation/

Here's an entertaining little thread on the Dollar/Euro & airline production. There's some nuggets in there-and not just about airline production.

http://www.airliners.net/discussions/general_aviation/read.main/3719618/

 

[Rustynutt]

That's some funny stuff (and informative).

Thinking back, today was unpacking widgets for testing. Each pre-production unit easily worth 500K ($98mn contract). There were 6 in the box opened. Didn't really look at it in that perspective until getting home to TSPTalk. Not enough for an airliner, but close. :laugh:

The rouble has been pretty 'stable; since '98/'99. Why not go for that as standard!