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“They make big profits on long-term maintenance and spare-parts contracts they sell with the engines, so failing to be selected for a new airliner family means decades of lost revenue.”
“The collateral consists of pledges of shares in three companies created for the purpose: ToolCo., which owns Saab tool operations, the real-estate arm PropCo., and PartsCo. which deals with its spare-parts business.”
The Wall Street Journal: Spyker in Talks on Saab Real Estate
“The companies, ToolCo., PropCo. and PartsCo. own Saab's tools, properties and spare-parts businesses, respectively.”
The Wall Street Journal: Swedish Debt Office Could Release Some Saab Collateral
“His parents ran a restaurant and a car spare-parts business.”
The Guardian: Arsène Wenger: the blinkered visionary | Observer profile
“Mr. Lieb joined Daimler in 1975 as a spare-parts specialist, serving several stints in North America as he climbed the ranks at the auto maker, including a tour as chief of Mercedes's Canadian operations in 1995.”
The Wall Street Journal: Daimler Removes Mercedes-Benz U.S. Chief
“The collateral consists of pledges of shares in three holding companies for Saab assets: real-estate arm PropCo., tool operations ToolCo., and spare-parts business PartsCo.”
The Wall Street Journal: Spyker Seeks to Raise Cash for Saab
“The increased federal surveillance also will target spare-parts inventories.”
The Wall Street Journal: FAA to Swiftly Step Up Safety Inspection of American Airlines, Affiliate
“The airline has trimmed its number of airplane types to five from 14 in the early 1990s to boost efficiency and cut training and spare-parts expenses.”
The Wall Street Journal: American Air Plans Big Jet Purchase
““Not part of the franchise means you got fifth-wheels and hangers-on and useless-cogs and spare-parts, all thinking they should be independents, all wanting to be free,” Yin said.”
Jason Stoddard, Strange and Happy » Blog Archive » Eternal Franchise, 22.1 of 31.1
“United Airlines last week mortgaged its spare-parts inventory to raise cash at a usurious 17% interest rate.”
The Wall Street Journal: Does Obama Want to Own the Airlines?
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