Zen
Agree, i started on a simple business principle. Sure enough the airline industry is more complex. But the core issue is demand and supply and right now there is very little demand for this product.
My message was: That's when mom and pop stores go bust.
However, you made the absolutely correct statement for the 380 right now:
depending upon the payment terms of each order.
I guess in the actual situation any even tiny order would have the airline in a very good position as to
not go into big intermediate payments.
If one side is desperate to sell or buy, the other party will take full advantage.
The perspective of the 380 situation therefore is quite different if you are CEO, he wants orders, or CFO, he wants at least a balanced sheet.
Thus the different echoes from Airbus managers.
In the end the CFO will win, if the European taxpayer does not sweeten his sheets.