January 27, 2008

FT: the AirTanker bond issue has, not surprisingly, gone pear-shaped as the monoline insurers fall apart. The story includes some vital detail on precisely what the Defence Procurement PFI team and the consortium have been doing all this time; essentially, trying to finance the deal at an acceptable rate of interest in the middle of…

Read More Can haz air-to-air refuelling? Oh noes…

Nonbarking dog of the year, 2007 was the fact that the increasingly heavyweight NATO force in Afghanistan’s logistics are dependent on the road from Kandahar-Quetta-Karachi, that is to say through Taliban and Baluch rebel country to Pakistan’s most politically unstable and violent city. As you’ll see at the link, someone finally attacked trucks on it…

Read More The Flashman Option