Raytheon and Flight Options

[fracslave]

The 73 million and 100 million are sales to Flight Options. Wonder How much is profit?

Aircraft net sales do not include intersegment aircraft, parts, and service sales to Flight Options of $73 million and $100 million in the nine months ended September 25, 2005 and September 26, 2004, respectively.


Job security.
The customers of Flight Options (FO), in certain instances, have the contractual ability to require FO to buy back their fractional share based on its current fair market value. The estimated value of this potential obligation was approximately $600 million at September 25, 2005



7 million of Flight Options Loss was to buy out Flight Options International.

The increase in operating loss in 2005 was primarily due to the operating results of Flight Options (FO) and Raytheon Airline Aviation Services (RAAS). Included in FO in the third quarter of 2005 was a $7 million charge related to the settlement of a lawsuit against FO and its minority shareholders. The higher losses at RAAS were due to higher aircraft maintenance expense in the period.

 

[hawkercpt]

Ok

So...

What's your point???

 

[Beatrix Kiddo]

Yeah Im kinda curious about that myself.


wiggle your big toe...

 

[William Holiday]

Mr. Holiday

Simply put, this is the rob peter to pay paul, principal. People and corporations do this all the time. Ex. You have a high CC debt, rather than try to pay this off one month at a time, you choose to take out a home equity loan on your house. Thus your able to pay off one account, and increase debt on another. The bounus to you is this, Uncle Sam allows you to take a interest deduction on the later. It's all the same pie, but how you slice it, is up to you.