Could someone who knows about these matters please explain what boeing are actually doing to give monarch new funding ? i'm afraid how aircraft are bought is something i know zilch about
According to a post in another forum, Boeing is not actually the financier of the 737's for Monarch, they suggested the assistance they are likely to be offering is:
- Flexibility on the aircraft deliveries, by delaying them without financial penalties.
- Possibly improved payment terms, there the airline can pay for each aircraft on delivery instead of a huge payment up-front.
The person writing this in the other forum suggested, by the airline having more flexible terms to take the aircraft, could improve the airlines cash balance, on how much is in the bank at anyone time.
Seems to make a lot of sense.