While Feng Xinqi was attending the Pengcheng land auction, Li Guangyu was listening to Zhao Wenhua's report on the Airbus A330 purchase negotiations.
Airbus is obviously very concerned about the order of 100 aircraft this time, and has made huge concessions on price. Both parties know each other's details very well. Airbus is eager to get the order, and Xiangjiang Airlines is eager to buy the aircraft back, so
The two parties negotiated the price fairly quickly.
London Airport and Sao Paulo Airport will officially become the base airports of Xiangjiang Airlines on the 1st of next month. Xiangjiang Airlines is currently communicating on route issues and will officially operate flights on the 1st.
London Airport opened the first ten routes, flying to Paris, Rome, Vienna, Belgrade, Istanbul, Athens, New York, Toronto, Beijing, and Tokyo.
Sao Paulo Airport also opens ten routes, namely Mexico, New York, Los Angeles, Madrid, Lisbon, London, Paris, Sydney, Tokyo, and Beijing.
Li Guangyu said: "Wenhua, if there are no problems, just sign the contract at this price. It is estimated that this is almost the lowest price that Airbus can offer. It is absolutely impossible for Boeing to offer such a discount."
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After the negotiation in the morning, the Airbus unit price was set at US$46 million. Compared with the US$53 million of the same type of Boeing 747, this one is US$7 million cheaper. You must know that the Airbus A330, as a new model, is open to the public.
The public selling price is only US$500,000 lower than the same type of Boeing 747 aircraft.
Although there will be some concessions in actual sales, the degree will never be as big as this. If Li Guangyu wants to buy the same type of Boeing 747 for less than 50 million US dollars, it is simply a dream.
Zhao Wenhua also knows that if the price continues to persist, it will be a waste of time, and the longer it is delayed, the more expensive the price will be in the future. The cost of aircraft is rising every year, and the price is also rising. Now you can get one for 46 million, and it is estimated that next year it will be
By that time, it will cost 48 million or even 50 million. In ten or twenty years, it is estimated that one aircraft will cost hundreds of millions of dollars.
Thinking of this, Zhao Wenhua also felt strong pressure. Li Guangyu could not always inject funds into Xiangjiang Air Transport Group without limit. At a certain time in the future, Xiangjiang Airlines would have to rely on themselves if they wanted to expand.
Zhao Wenhua responded: "Li Sheng, I will sign the purchase contract with Kendi Jesse tomorrow, and at the same time make preparations for the operation of the London and Sao Paulo airport bases."
"The base airport of Xiangjiang Air Transport Group has been basically completed and will basically not be added in the future. Now our aviation group's operating fleet is also very large. Future expansion will mainly be based on your group's own profits. I will not
Then make a large-scale capital injection into the group, so you must have a long-term plan for purchasing your own aircraft.
At the same time, you should also choose an aircraft suitable for the route, and don’t focus on the Airbus A330. For example, for routes such as London to Paris, Vienna, Sweden, Rome, etc., the Airbus A320 is completely sufficient.”
Li Guangyu has invested nearly 15 billion US dollars in Xiangjiang Air Transport Group. This is the most among all Li's groups. Even Wheelock Group, Starlight Real Estate Group, and Bentley Group do not have Xiangjiang Airlines.
There are many transportation groups.
In the past, the fleet size was still relatively small and the profitability was not very strong. In addition, the number of base airports was constantly increasing. In order to accelerate the expansion of Xiangjiang Air Transport Group, Li Guangyu repeatedly injected huge sums of money into Xiangjiang Airlines.
When it comes to investing in air transportation, the main thing is to expand the influence of the Li Group. This guy invests a lot and returns slowly. The profits of many groups under the Li Group can lag behind Xiangjiang Airlines by a long way, especially the Hengyu Supermarket Group.
Mainly due to Li Guangyu's initial capital injection of less than 10 billion Hong Kong dollars, it has grown to its current scale abruptly, and it has to feel its own hematopoietic ability.
Li Guangyu cannot always be a nanny for some groups. After they develop to a certain level, they have to rely on themselves. With such a foundation, if the group still cannot develop due to natural disasters, it will be the top management of the group.
of failure.
In the future, Li Guangyu will focus on supporting Phoenix Software Company, Wheelock Shipping Group, Sherland Supermarket Group, and Kowloon Group. Other groups will mainly rely on themselves to expand.
Especially the monster that is the Kowloon Group will need Li Guangyu to continue to inject capital into it for a long time, and will not see much profit in the short term.
It will take another ten years before Kowloon Group truly begins to become a cash cow. At that time, Kowloon Group will have huge cash flow every day. By then, it is estimated that only a few major retail groups and Xiangjiang Airlines can compare with it. The hotel group
It is estimated that it will be difficult to compete with the Kowloon Group.
Zhao Wenhua had already expected this. If the major groups continued to require Li Guangyu's capital injection for their development and expansion, then what would their senior executives do? If the group wanted to develop well, it mainly relied on its own blood production. It would be difficult to rely on Li Guangyu's capital injection all the time.
Developing steadily.
As the new year is about to enter, Zhao Wenhua needs to make a purchase plan for next year now to avoid having all the profits taken away by Li Guangyu after the year-end review.
Now it is different from the past. In the past few years, Li Guangyu never transferred the profits of major groups, but when necessary, he would transfer profits from several highly profitable groups such as Xingyu Game Group, Xiangyu Culture Group, and Hengyu Supermarket Group.
Starting from this year, in addition to the funds required by major groups for expansion in the new year, the excess funds need to be handed over to Li Guangyu. If they do not make development plans for next year in advance, the development of the group will be affected to a certain extent.
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Although Xiangjiang Air Transport Group is a gold-eating beast, its profits this year are still good. This year's net profit is expected to reach US$1.2 billion.
Of course, he did not calculate the depreciation of the aircraft. Xiangjiang Airlines usually disposes of its aircraft after fifteen years of service, and some aircraft will even be retired after less than fifteen years of use.
This is mainly due to the nature of Xiangjiang Air Transport Group’s routes. Xiangjiang Airlines’ main routes are popular cross-border routes, and many of them are ultra-long-distance flights with very long flight times, so their service life will be shorter.
If depreciation is calculated, their net profit this year will only be about US$300 million.
The airline is certainly not just profitable. The main reason is that the construction funds of the two major support bases have been jointly established with several major mainland airports to build aircraft engineering companies, so the net profit is so small.
With more than one billion US dollars in hand, plus the remaining 400 million US dollars this time, Zhao Wenhua naturally needs to make some plans. Li Guangyu has already approved the purchase of 100 Airbus A330s, and he does not need to consider purchasing this aircraft.
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He plans to purchase 30 Airbus A320s next year. This one costs 40 million U.S. dollars, which will cost 1.2 billion U.S. dollars. The remaining funds will be spared. He believes that Li Guangyu will not divert his funds.
Zhao Wenhua said: "Li Sheng, I will make a good plan in this area. Our group will submit next year's development plan to you later this month. I believe that Xiangjiang Air Transport Group will be one of Li's pillar groups in the future."
, our group will also become a cash cow for Li’s enterprise.”