Originally Posted by
BDAttitude
I guess, the climax is approaching with BA having to shut down the assembly line. Whether the root cause is parking space or the negative cash flow - I don't believe they can keep this up until October leave alone 2020.
I wonder how the cash flow is going. Airlines do not pay all the money at delivery, they make (commonly financed) progress payments as production goes along. Are they still expected to make these payments to the manufacturer when the product cannot be delivered ? What if they refuse ? I wonder what provision there is in the contracts for this situation.