The official blurb categorically states this is interim lift, which to me translates into non-cash compensation for the B787 delays in the way of heavily discounted B773s.
I dont disagree at all with that.
The point Im making based on the shareholder presentation (not sure if anyone has seen it with the results this morning) points to flexibility in its orders - for
both replacement and growth of the existing fleet.
Talks on the 77W have been ongoing since last year.
....BA's presentation makes the case of the 77W's efficiency against the 747-400, not the 787 delay. (As opined, I have no doubt that the 787 delay has indeed impacted BA's decision to order the 77W).
Of course, the 787 delay/compensation has impacted this deal, but to suggest that BA will stick with 6 77W's and exercise just 4 more and not place a follow up up order is certainly not paying attention to BA's long term vision.
Part of that vision involves the 77W family, otherwise they wouldnt have ordered it. Period.
