The ZXC company manufactures aircraft. The company is based in Europe and currently produces a range of
Question:
The ZXC company manufactures aircraft. The company is based in Europe and currently produces a range of four different aircraft. ZXC's aircraft are reliable with low maintenance costs, giving $Z X C$ a good reputation, both to airlines who purchase from ZXC and to airlines' customers who fly in the aircraft.
ZXC is currently developing the 'next generation' of passenger aircraft, with the selling name of the ZXLiner. New developments in ZXLiner include the following.
- Two decks along the entire aircraft (not just part as in the Boeing 747 series) enabling faster loading and unloading of passengers from both decks at the same time. However, this will mean that airport gates must be improved to facilitate dual loading at considerable expense.
- $\ 20 \%$ decrease in fuel requirements and falls in noise and pollution levels.
- Use of new alloys to decrease maintenance costs, increase safety and specifically the use of Zitnim (a new lightweight conducting alloy) rather than standard wiring to enable the 'fly-by-wire' features of the aircraft. Zitnim only has one supplier worldwide.
Many component suppliers are based in Europe although ZXC does obtain about $25 \%$ of the sub-contracted components from companies in the USA. ZXC also maintains a significant R\&D department working on the ZXLiner and other new products such as alternative environmentally friendly fuel for aircraft.
Although the ZXLiner is yet to fly or be granted airworthiness certificates, ZXC does have orders for 25 aircraft from the HTS company. However, on current testing schedules the ZXLiner will be delivered late.
ZXC currently has about $€ 4$ billion of loans from various banks and last year made a loss of $€ 2.3$ billion. ZXC's chief executive has also just resigned taking a leaving bonus of around two years' salary.
You have received the following email from the newly appointed Acting Chief Executive:
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