EuroWheenie
Well-known member
- Joined
- Jan 15, 2005
- Posts
- 2,487
Whale Rider
No, a "letter of intent" is not an order. An order is an order when money's on the table, not a second before. The current Air India/Airbus debate over the order of 40ish A32X aircraft is a case in point. Hell, "my" airline placed a "letter of intent" for 44 ex. BA 757s to be converted to freighters, but ended up buying "only" 34.
And if anyone's twisting the numbers, it's Airbus and Boeing; I'm only quoting direct from their websites!
No, a "letter of intent" is not an order. An order is an order when money's on the table, not a second before. The current Air India/Airbus debate over the order of 40ish A32X aircraft is a case in point. Hell, "my" airline placed a "letter of intent" for 44 ex. BA 757s to be converted to freighters, but ended up buying "only" 34.
And if anyone's twisting the numbers, it's Airbus and Boeing; I'm only quoting direct from their websites!