Whatever happened with the LS-10?
On Tuesday, 2 June 2015 14:32:05 UTC+2, wrote:
From where I sit, Jonkers appears to have provided a masterclass in how to do that. They created a non-aviation income source to fund expansion, formed partnerships with a university and a symbiotic business (M&D), kept their production increases incremental & considered (within their abilities and maintaining a healthy order book). They're presently working on a second model. I'd suggest it to be rather unfair to mention them in the same sentence as Lange.
CJ
One also needs to take the economic circumstances and wages into account.
The South African currency is quite weak so converting Euros or Dollars to Rands is very favourable for a South African manufacturer.
Couple that with much cheaper labour compared to Germany and there is more margin to play with.
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