Date: 17 Dec 96 03:09:20 From: Chuanga@cris.com (H Andrew Chuang) Organization: Concentric Internet Services References: 1 2 Followups: 1
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In article <airliners.1996.2892@ohare.Chicago.COM> Jean-Francois Bosc (firstname.lastname@example.org) wrote: > Chuanga@cris.com (H Andrew Chuang) writes: > > > In article <airliners.1996.2822@ohare.Chicago.COM> Jean-Francois Bosc (email@example.com) wrote: > > > > > > Well, there was one I read a few months ago showing that labor productivity > > > was higher in France than in any other country ... > > > > Are you sure ... > > I'm sure I read it ... I also believe that 10 different studies will give 10 > different results and nobody could tell which one is correct. > Then care to explain why SNECMA, the fourth largest engine manufacturer in the world, has been losing money, even though it is the 50% owner of one of the most successful engines (the CFM56) in the world? Even Rolls-Royce, which does not have a engine as successful as the CFM56, is making money. Why very few airlines have lost more money than Air France in the past few years? ... I do not imply that high productivity will always guarantee profits. However, for the two examples that I cited, I believe labor cost is an issue.