McCain Wants Answers on 767 Deal | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Thu, Oct 23, 2003

McCain Wants Answers on 767 Deal

After a flurry of press releases and a lot of Capitol Hill arm-twisting by the Air Force (and presumably Boeing lobbyists) all Summer, and a flurry of GAO reports that question the methodology of the scheme, the Air Force on Friday made a heavy appeal to Congress to get the KC-767A (767-based tanker) deal approved.

Senator John McCain, who has been skeptical of the leasing plan -- or even the need for fleet replacement -- from the start, now wants Joshua Bolten, Director of the White House Office of Management and Budget, to submit, in writing, the reasons why the proposed deal doesn't square with the OMB's guidelines -- or why it shouldn't have to.

The controversy runs on two levels: until Boeing's financials looked so really lousy (in the post-September 11 era), the Air Force didn't have any urgent complaints about its old, but little-used tanker fleet. In report after request, the Air Force's "need for new tankers" wasn't up there on the list of "things we really need." That changed recently; and -- surprise -- Boeing (the logical choice, at any rate) just happened to have a 767-based tanker design... almost ready to go.

The other level has to do with how the Air Force wants to pay for the new birds, and how much of our money they're going to use, to do just that. The price looks steep to many; and beyond that, there's a really sweet leasing deal, that's even more expensive (and more-expensive yet, the more information gets out). Though there is a "price-protection" clause worked in, it's effective only if Boeing sells similar aircraft to somebody else, for a lower price. Just who would be bidding, and who would be allowed to take delivery -- is a matter for not much conjecture.

At any rate, the OMB has until Tuesday to spin this deal into something that at least looks legit. McCain's Senate Armed Services Committee is the last of four legislative panels that needs to approve the deal; and, assuming the spin can't cover the "interesting" aspects of the deal, McCain's doggedness may yet save the taxpayers a few dozen million dollars.

FMI: www.af.mil; www.boeing.com; http://mccain.senate.gov/

Advertisement

More News

ANN's Daily Aero-Term (05.01.24): Say Altitude

Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]

ANN's Daily Aero-Linx (05.01.24)

Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]

Classic Aero-TV: Korean War Hero Twice Reborn

From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC