The Exchanges

Every argument clarity score on this site is built from rows on this page. Each question and answer was assessed with names hidden, the host's own answers included, on four things from 1 to 5: directness (does it answer the question asked), coherence (do the ideas follow), precision (concrete details and clear references), compression (says a lot per word). The weighted mix (30/30/25/15) is the exchange score. A person's published score averages their exchange scores on raw tape only, at least 8 of them, shrunk toward the cohort mean. Full method →

Steven Udvar-Hazy no published score: no usable exchanges on raw tape, and a fair score needs 8+ record → ← everyone

Every exchange below was scored with names hidden, four dimensions each from 1 to 5. An exchange's score is 0.30·directness + 0.30·coherence + 0.25·precision + 0.15·compression. The published score averages the raw tape exchange scores and shrinks small samples toward the cohort mean, so five great answers can't beat twenty good ones. Produced feed rows count only toward coarse estimates, never toward a full score.

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Answered produced feed D 4 · C 4 · P 5 · Cm 4 4.25

Q Right. Wow. All right. So as you're building this business up, Something happens, which I have to imagine had a massive impact on your business, which was the Airline Deregulation Act in 1978, which, which I guess the result of that was it would increase, it did increase competition and it did lower costs, deregulated the airline industry. How did that affect your business?

A Uh, well, it had a major effect. So in 1977, a year before deregulation, we bought our first brand new plane, brand new, seven, three, seven, from Boeing, and we leased it to a, a British airline called Britannia Airways, which was the largest charter airline in Europe. So we, we already reached the level of activity where we could buy a seven and a half million dollar brand new plane. It accelerated the fleet, uh, Uh, in the late seventies, early eighties. And that really gave our company a tremendous amount of tailwind. And just as a side note, we were very, very prudent with our money. I mean, when we started international lease finance, I remember our salary was 600 dollars a month. And maybe three or four years later, it was still like a thousand dollars a month. So we were not very extravagant. Yeah. And also, it's a very volatile industry. You have several years of positive growth and profitability.

AI assessment note: “well, it had a major effect... gave our company a tremendous amount of tailwind.”

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