ST Engineering Ltd is charging US Airways 1 million dollars per Airbus overhaul.
How can they do this?
ST Engineering (STE) is 55 percent-owned by the Singapore GOVERNMENT!!!
Read the Rueters article for yourselves.
http://biz.yahoo.com/rc/031009/airline_sin...pore_ste_1.html
Airbus isn't the only Foreign Government subsidized product "US" Airways is using to get rid of American jobs.
How can they do this?
ST Engineering (STE) is 55 percent-owned by the Singapore GOVERNMENT!!!
Read the Rueters article for yourselves.
http://biz.yahoo.com/rc/031009/airline_sin...pore_ste_1.html
Airbus isn't the only Foreign Government subsidized product "US" Airways is using to get rid of American jobs.