06-25-2017, 05:57 PM
I think I see now. I think the $12 million is suppose to be the sum of the two average price per vehicle ($8.7 + $4.2) which would be ok if there were the same number of vehicles from each manufacturer, but there are not; there are nearly three times as many Bombardier vehicles which significantly lowers the average price. I guess if none of the Bombardier vehicles ever get delivered AND there is no refund that would increase the average price to $12 million per vehicle too; but that seems unlikely).
The contracts were $770 million (Bombardier) + $528 million (Alstrom) or $1.298 billion or $5.34 million average price per vehicle; an average price of $12 million is misleading.
The contracts were $770 million (Bombardier) + $528 million (Alstrom) or $1.298 billion or $5.34 million average price per vehicle; an average price of $12 million is misleading.
Everyone move to the back of the bus and we all get home faster.