This time, the Conservative government sold more than half of its shares at once, and the person who took over had to come up with nearly two billion pounds in cash.

Nowadays, the British government has a serious deficit and is in urgent need of financial subsidies. Therefore, even if the British government allows installment payment, the first payment will still be as high as one billion pounds.

Of course, these are not the main point.

The world, especially Europe, a place where capital is concentrated, has never lacked rich people, let alone powerful big capitalists.

Although one to two billion pounds is a lot, don't forget that there is an institution called a bank. The purpose of banks is to provide loans to people.

With the existence of London, the financial center of Europe, and the UK's privatization reform, these banks will make the most money. The larger the loan, the happier these banks will be.

There are many rich people, but few people care about British Aerospace Corporation. This is more or less related to its involvement in the military industry.

Since World War II, most European countries have begun to actively restore their domestic economies and have invested relatively little in the military. Especially for countries like the United Kingdom, which are independent of the European continent and whose homeland is difficult to invade, their armaments have declined even more.

As armaments decline, military expenditures naturally also decrease. The direct consequence of the reduction in military expenditures is the shrinkage of military industrial enterprises.

British Aerospace Corporation was established through establishment. It has only been twenty years since its establishment.

As the largest aerospace manufacturing company in the UK, BAE has always needed government financial subsidies precisely because of its size, especially in research and development. In order to maintain technological leadership, most of the aerospace company's annual profits are

Invested in it.

For this reason, many private companies are deterred from doing so.

The reason why Yang Chen is interested in British Aerospace is mainly because of its achievements in civil aircraft.

In 1965, at the Western European Civil Aviation Conference in London, various civil aviation companies proposed the demand for short- and medium-range wide-body passenger aircraft in the 1970s.

In order to meet this requirement, Britain, France and Germany agreed to cooperate in the development of a new type of short- and medium-range wide-fuselage passenger aircraft.

This is the famous A300 of British Aerospace Company. It carries 250 passengers and is called Airbus.

The A300 passenger aircraft was put into service in 1974. In the early days of its introduction into the market, most orders for the A300 came from the local countries that produced the aircraft, namely Britain, France and Germany.

In addition, Eastern Airlines leased four A300s for trial flights in 1977, and subsequently ordered 23 more. Coupled with the subsequent oil crisis and soaring oil prices, the A300 series passenger aircraft began to sell well.

As a descendant, Yang Chen knows how promising the civil aviation market is in the future. After the disintegration of the Soviet Union in the 1990s and the complete end of the Cold War, the world's civil aviation market will grow by leaps and bounds.

In the 21st century, globalized trade is becoming more and more intense, and the aviation field is a top priority. He cannot let such a big piece of cake slip away from him.

If he can acquire British Aerospace, then his future layout in the aviation field will be much smoother, especially in the future inland civil aviation field.

In previous lives, the mainland has always been restricted by European and American countries in terms of civilian passenger aircraft. In terms of military use, the country has invested heavily in construction. It will take decades of effort to catch up.

However, in terms of civilian passenger aircraft, the shortcomings are very obvious. Without advanced Western technology, we can only import commercial passenger aircraft from abroad at high prices.

With a market of 1.3 billion, the number of inland people going abroad every year in the future is a huge number, coupled with the rapid development of the express delivery service industry in the 21st century.

All of this requires the use of large aircraft, so as long as there is a chance, he will not miss it.

In later generations, inland civil aviation passenger aircraft are mainly dominated by Boeing and Airbus aircraft. They occupy about 90% of the inland civil aviation market, suppressing the entry of passenger aircraft from other countries, and also restricting the entry of inland civil aviation aircraft.

Research and development of airliners.

I won’t talk about Boeing, everyone must have heard of this.

Let’s focus on Airbus, also known as Airbus, which is a conglomerate of European airlines that was originally created to compete with American companies like Boeing and McDonnell Douglas.

In the 1960s, competition among European aircraft manufacturers was as fierce as in the United States, so in the mid-1960s, experimental negotiations on a European approach to cooperation began.

In 1967, the British, French and German governments signed a memorandum of understanding to begin the development of the Airbus A300. The main intention was to compete with the American civilian airliner market.

The A300 passenger aircraft is the only one that can compete with American Boeing civilian airliners today.

Since British Aerospace is involved, it can naturally produce the A300 passenger aircraft. At this stage, the A300 passenger aircraft is sufficient to meet its layout in the civil aviation field.

Once he acquires British Aerospace, he can make early arrangements in Asian countries and dominate the Asian civil aviation market.

In the future trade market, the trinity of ports, railways, and airports is indispensable, and the development space of airports is much larger than that of ports and railways.

After all, in the future, aircraft will be built more and more, and as they become larger, they will naturally carry more things. In addition, aircraft have advantages that ports and railways do not have, and their development is more promising than maritime transportation and railways.

In addition to passenger aircraft, another aspect is military. As a leading European power, Britain has fallen from its peak and lost the glory of the empire on which the sun never set.

But, as the saying goes, a skinny camel is bigger than a horse.

No matter how bad Britain is, it still leads most countries in the military field. The only two superpowers in the world that can surpass it in the military field are the United States and the Soviet Union.

Nowadays, the Iran-Iraq War is in full swing, a war between two Middle East oil giants.

According to records, the Iran-Iraq war lasted seven years and eleven months, almost eight years. This war is known as one of the longest wars in the twentieth century.

It was a veritable war of attrition. Because of this war, the two Middle Eastern oil countries not only spent hundreds of dollars they had earned from oil, but even after the war ended, the two countries owed as much as

Tens of billions of dollars in arms debt.

In later generations, the Iran-Iraq war was commented by the world's military circles as "a low-level war fought with advanced weapons."

The two countries relied on oil resources and imported a large amount of advanced weapons from Europe, the United States and other countries. Apart from the United States and the Soviet Union, France made the most money in Europe. The tens of billions of dollars in arms transactions made French arms dealers ruthless.

made a huge profit.

Yang Chen didn't know why there was no movement in Britain during the Iran-Iraq war. Maybe it was because Mrs. Thatcher and others were busy with reforms and had no time to get involved in those things.

If he can acquire British Aerospace this time, he will never miss the opportunity and make a lot of money from it.
Chapter completed!