Price Remains Key Sticking Point as India, Qatar Rekindle 2005 Mirage Jet Talks

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India and Qatar have re-entered discussions regarding the potential sale of 12 Mirage-2000-5 fighter jets to the Indian Air Force (IAF). This marks a revival of negotiations that first took place nearly two decades ago, in 2005. At that time, the deal fell through due to disagreements over the price, with Qatar reportedly sought $62 million per jet, while India offered only $58 million.

In the current round of talks, Qatar has presented a slightly lower price of $59.82 million per jet, but India is still pushing for further discounts, citing the fact that the aircraft now have only approximately 30% of their operational life remaining. If the deal goes through, these jets would augment the IAF's existing fleet of 48 Mirage-2000-5 Standard aircraft, bringing the total to 60 units.

The acquisition of these used Mirage jets would help alleviate the fighter jet shortage currently faced by the IAF, which has been caused by the phasing out of older MiG planes. Furthermore, the Qatari offer reportedly includes missiles and spare engines, adding to the deal's appeal.

While the talks are ongoing, a final decision is yet to be made. India is reportedly seeking a further reduction in the price per jet before committing to the purchase. The IAF intends to keep the Mirage-2000-5 fleet operational until 2035, when it will be replaced by the indigenously developed Tejas MkII jets.

This potential deal reflects India's ongoing efforts to modernize its air force and address its fighter jet shortage. The outcome of the negotiations will be closely watched by defense analysts and observers, as it could have significant implications for India's air power capabilities.
 
If almost 20 years back they were offering at 62 million per jet and now after 20 years, they want to 59.62 Million per jet, the Qataris are retarded !! And if India accepts anything more than 20 million per jet, for a jet having only 30% life we are even more retarded !! Even if for spares, makes absolutely no sense to pay that much per jet.
 
If almost 20 years back they were offering at 62 million per jet and now after 20 years, they want to 59.62 Million per jet, the Qataris are retarded !! And if India accepts anything more than 20 million per jet, for a jet having only 30% life we are even more retarded !! Even if for spares, makes absolutely no sense to pay that much per jet.
you are forgeting to factor in inflation.
 
Better Buy Tejas MK1A One Sqadron , India Miss the Chance of Buying 21 MIG-29 at Throw away price & now very eager to buy this Ground attack Jets Minus PESA Radar BVR under 60 kM range .
 
If almost 20 years back they were offering at 62 million per jet and now after 20 years, they want to 59.62 Million per jet, the Qataris are retarded !! And if India accepts anything more than 20 million per jet, for a jet having only 30% life we are even more retarded !! Even if for spares, makes absolutely no sense to pay that much per jet.
if India wait for another decade price may fall below 59 Million $.ha ha ha .secondly u forgot to mention $. couple of days ago some one was saying it is available for Just 6 Mn$ per jet.
 
Better Buy Tejas MK1A One Sqadron , India Miss the Chance of Buying 21 MIG-29 at Throw away price & now very eager to buy this Ground attack Jets Minus PESA Radar BVR under 60 kM range .
Who will manufacture the additional Tejas MK1As? HAL??? it will be devine if it delivers the already ordered 83 within 10 yrs..
 
Who will manufacture the additional Tejas MK1As? HAL??? it will be devine if it delivers the already ordered 83 within 10 yrs..
Capacities are been added it may reach 28 to 30 per jet after couple of years so If IAF place follow-on order 97+18 it will good.Just see Scorpene Follow-on order is stuck for anoter 5 years & India needs Subs Badly.if it was place 9 Subs at one go every year one sub would have been delivered.
 
Fighter jets like cars is a depreciating asset.
That is if you see them as an investment. If you see them as a tool, then they dont really lose much value over time.

A 10-20 year old car can still get you from A to B. It might have lower fuel efficiency, older tech etc. But it still does its job.

The thing is that, cars are not designed to last 30-40 years. Fighter jets are designed to last 40 years at minimum. Also, you can increase their life through proper maintenance.

A 30 year old mirage 2000 can still bomb any area you want, do dogfights etc. That capability is still very valuable. Air forcce wants that capability and it is willing to pay for it.
 
In this case, depreciation applies more than inflation!
A 30 year old mirage 2000 still retains its core air to ground and air to air capability. Depreciation only affects its total years in service. Depreciation does not affect its capability by much.
 
If almost 20 years back they were offering at 62 million per jet and now after 20 years, they want to 59.62 Million per jet, the Qataris are retarded !! And if India accepts anything more than 20 million per jet, for a jet having only 30% life we are even more retarded !! Even if for spares, makes absolutely no sense to pay that much per jet.
Imagine! 20 years of testing and well-oiled bearings. Its got to be good value.
 
$60Mln for a 1980 jet and to upgrade another $60Mln this ridiculousness to the core.
 
This is not worth of even $5 million as life span of only 6 to 8 years left for this fighter jets. India should bargain hard as it will become garbage if Qatar not able to sell this time.
 
That is if you see them as an investment. If you see them as a tool, then they dont really lose much value over time.

A 10-20 year old car can still get you from A to B. It might have lower fuel efficiency, older tech etc. But it still does its job.

The thing is that, cars are not designed to last 30-40 years. Fighter jets are designed to last 40 years at minimum. Also, you can increase their life through proper maintenance.

A 30 year old mirage 2000 can still bomb any area you want, do dogfights etc. That capability is still very valuable. Air forcce wants that capability and it is willing to pay for it.
62 less 4%(roughly) =59.52

So, today if Bharat buys those @59.62m are you sure that the resale price of these after using for another 20yrs could be 4% lower than our cost of procurement?
 
62 less 4%(roughly) =59.52

So, today if Bharat buys those @59.62m are you sure that the resale price of these after using for another 20yrs could be 4% lower than our cost of procurement?
dude, that is not 4% less. I used an inflation calculator to calculate this- $62,000,000 of buying power in 2004 equals $103,082,466.91 in May. 2024.

So, the discount is over 40% not 4%.
 
U are forgetting reduction in life cycle, I.e. 20 yrs..
i am copy pasting a comment I just made to a similar question- "dude, that is not 4% less. I used an inflation calculator to calculate this- $62,000,000 of buying power in 2004 equals $103,082,466.91 in May. 2024.

So, the discount is over 40% not 4%."

So, a 40% discount is quite appropriate. If you were to tell france to build a new mirage 2000 today, I believe that the cost would be over 100 million dollars for a country like india. Rafale costs 120million+ for India to buy new.
 

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