Originally Posted by
tubby linton
At some point Monarch is going to have to start making payments on these orders, because Boeing isn't going to start building a plane & ask for the cheque afterwards.
I understand the first new aircraft were not going to start delivery until Spring 2018. At normal build rates Boeing will surely not have even started building the fuselages at Wichita yet. Reservation deposits, OK, but financiers will not make progress payments without seeing the progress. I would have thought though that the imminent need to start this soon contributed to Monarch's situation.