Originally Posted by
WHBM
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.
Many/most reports of "firm" orders is deposits are made (possibly on progress- start of build) but then nothing till delivery in most cases.
I can only guess that contracts on grounded or the airworthiness of aircraft are addressed - certainly on new "types".
I doubt Boeing are currently putting much effort in chasing overdue payments on the MAX aircraft, but then this is Boeing!