vettin74(at)yahoo.com Guest
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Posted: Wed Nov 07, 2007 4:02 pm Post subject: Web site updates |
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To Group...
Pete and i have been working on keeping all you lightning folks drooling...many more pictures and news on the web page, also some updates to the build manual....look for even more tantilizing info in the next week or 2..
nick
Pete <pete(at)flylightning.net> wrote:
[quote]--> Lightning-List message posted by: "Pete"
Hello All,
As many of you know engine prices from our Jabiru competitors have just had
a substantial increase. This is due mainly to the weakening of the US
dollar against other world currencies. At Jabiru USA we are facing the same
problem. The Aussie dollar is now at about $ .93 US. Back in 2001 when we
started importing engines the Aussie dollar was $.46 US. As you can see
with a little math, our costs have increased 100% since then.
We are able to sell Jabiru engines at our current price because I was able
to lock in some AU Dollars at a favorable rate. That's the only reason we
have not increased prices already. I will run out of those locked in AU$
before the end of the year and at that time will have to increase prices.
How much will the increase be? If I have to pay the current rate of
exchange my costs will go up about $2,000.00 on a Jabiru 3300. There is no
more margin to squeeze to hold down part of the increase.
The bottom line is that we have about 35 engines left at the current price.
These engines will be produced in Australia in November and December and
arrive in the USA in January & February. Once these 35 are sold a new price
will take effect.
Please contact us if there are any questions.
Pete Krotje
Jabiru USA Sport Aircraft, [quote][b]
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