At the moment, they are selling Boeing planes and then enter the sales to the Current Account which is massively in deficit. That makes it look better. Unfortunately, these sales (Where no cash is changing hands) can be wholly or partially cancelled.
Airbus are also guilty of the same thing re non firm orders I don't know how this is treated by the governments in europe although nowing politicians they are probably doing the same thing as the yanks.
I just can't believe the 55c prediction, are the yanks going to have another tech boom start running trade and budget surplusses over the next year? I can see a possibility of 68c again but then again I can also see 90c as a possibility.
