AustrianZRH From Austria, joined Aug 2007, 1264 posts, RR: 0 Posted (4 years 10 months 1 day 1 hour ago) and read 3122 times:
I just read the press release about EK's first delivered A380 here and was a bit flattened by the last sentence:
Quoting Airbus: To date, total orders and commitments for the A380 stand at 202 aircraft from 17 customers.
That looks to me as if the Etihad order at Farnborough was for 10 more frames rather than for 10 frames including the 4 ordered before as my calculations would give only 198 frames ordered in total. However, if they were not included, 202 looks like the right number .
Sorry if posted before, but couldn't find anything!
WARNING! The post above should be taken with a grain of salt! Furthermore, it may be slightly biased towards A.
Kappel From Suriname, joined Jul 2005, 3533 posts, RR: 18 Reply 1, posted (4 years 10 months 1 day 1 hour ago) and read 3106 times:
Quoting AustrianZRH (Thread starter): That looks to me as if the Etihad order at Farnborough was for 10 more frames rather than for 10 frames including the 4 ordered before as my calculations would give only 198 frames ordered in total.
That's odd, because Leahy himself said that the 4 originally ordered were replaced by this order. So a total for 6 more. Kinda looks like an error in the press release.
Scouseflyer From United Kingdom, joined Apr 2006, 3255 posts, RR: 10 Reply 3, posted (4 years 10 months 1 day 1 hour ago) and read 3101 times:
I don't think so as the direct question was asked during that press conf - and the chap from EY confirmed that the total A380s that they had on order was 10.
HOWEVER............... there are only currently 16 customers identified for the A380 with 198 orders between them - it can't be that Groupo Marsans has actually firmed thier order for 4 can it? I seriously doubt this - maybe this is another new customer for 4 ?
Moo From Falkland Islands, joined May 2007, 3597 posts, RR: 4 Reply 6, posted (4 years 10 months 1 day 1 hour ago) and read 3007 times:
Quoting Scouseflyer (Reply 3):
HOWEVER............... there are only currently 16 customers identified for the A380 with 198 orders between them - it can't be that Groupo Marsans has actually firmed thier order for 4 can it? I seriously doubt this - maybe this is another new customer for 4 ?
No, the phrase at the end of the press release highlighted in the thread starter says specifically 'total orders and commitments' - Marsans order is a commitment atm, so it all adds up fine.
Scouseflyer From United Kingdom, joined Apr 2006, 3255 posts, RR: 10 Reply 7, posted (4 years 10 months 1 day 1 hour ago) and read 2993 times:
Quoting Moo (Reply 6): No, the phrase at the end of the press release highlighted in the thread starter says specifically 'total orders and commitments' - Marsans order is a commitment atm, so it all adds up fine.
Boo - in my haste I hadn't read it properly - if JL is still mentioning this order, they must be pretty hopeful of getting it signed at some point in the future.
AustrianZRH From Austria, joined Aug 2007, 1264 posts, RR: 0 Reply 8, posted (4 years 10 months 1 day ago) and read 2993 times:
Quoting Moo (Reply 2): Grupo Marsans has an outstanding commitment for 4 airframes - taking it to 202 orders and commitments.
You're right, seems like I got enthusiastic a bit too early and overlooked the and commitments. Furthermore, I thought the AR order was gone with all that hazzle around Grupo Marsans and Aerolinas Argentinas. Hopefully that order will get firmed...
WARNING! The post above should be taken with a grain of salt! Furthermore, it may be slightly biased towards A.
KC135TopBoom From United States of America, joined Jan 2005, 11712 posts, RR: 52 Reply 9, posted (4 years 10 months 23 hours ago) and read 2710 times:
Hmmm, isn't a MOU (Memo of UNDERSTANDING) simply a deposit on a production slot, while a LOI (Letter of INTENT) includes this and an intent to place the firm order within XX months, or years?
So a LOI is a commitment, an order is firm, and a MOU is simply a reservation?
I don't think JL has any one of these. They may be talking to Airbus, and Boeing to get the price they want for new A-380-800s or B-747-8Is.
Quoting AustrianZRH (Reply 8): Furthermore, I thought the AR order was gone with all that hazzle around Grupo Marsans and Aerolinas Argentinas.
Correct.
By my numbers, Airbus has firm orders, or committments for 198 A-380s.
Scouseflyer From United Kingdom, joined Apr 2006, 3255 posts, RR: 10 Reply 10, posted (4 years 10 months 23 hours ago) and read 2691 times:
Sorry by JL I was referring to John Leahey not Japan Airlines!
As far as Groupo Marsans the link that I posted earlier links to a news report suggesting that despite their disposal of AR they are still looking at keeping their commitment to the big Airbus order - when it gets firmed is anyone's gues though!
Moo From Falkland Islands, joined May 2007, 3597 posts, RR: 4 Reply 11, posted (4 years 10 months 23 hours ago) and read 2663 times:
Quoting KC135TopBoom (Reply 9): Hmmm, isn't a MOU (Memo of UNDERSTANDING) simply a deposit on a production slot, while a LOI (Letter of INTENT) includes this and an intent to place the firm order within XX months, or years?
So a LOI is a commitment, an order is firm, and a MOU is simply a reservation?
And LoI and MoU can mean anything the parties signing it want it to mean - its a contract-like document, with terms and conditions, and every LoI and MoU is different.
From Wikipedia (I hate myself for doing this, I rarely quote Wikipedia on anything, but hey):
Quote:
A LOI may also be referred to as a memorandum of understanding (MOU), term sheet or discussion sheet. Although the terms refer to different documents, the differences are often formal in nature, reflecting different drafting styles or business customs, not a substantive difference in what these various documents accomplish.
Zeke From Hong Kong, joined Dec 2006, 7726 posts, RR: 73 Reply 12, posted (4 years 10 months 4 hours ago) and read 2236 times:
Quoting AustrianZRH (Thread starter): That looks to me as if the Etihad order at Farnborough was for 10 more frames rather than for 10 frames including the 4 ordered before as my calculations would give only 198 frames ordered in total.
No 10 firm total.
Quoting KC135TopBoom (Reply 9): By my numbers, Airbus has firm orders, or committments for 198 A-380s.
Incorrect, 202, "Total: 202 (198 firm orders and 4 commitments) from 17 Customers"
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