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10 A321s For Paramount Aw India  
User currently offlineFCKC From France, joined Nov 2004, 2348 posts, RR: 4
Posted (5 years 2 months 1 week 6 days 12 hours ago) and read 3054 times:

http://www.boursier.com/vals/FR/eads...a321-et-10-options-news-337650.htm

10 + 10 A321s.MOU only.

9 replies: All unread, jump to last
 
User currently offlineChiad From Norway, joined May 2006, 1148 posts, RR: 0
Reply 1, posted (5 years 2 months 1 week 6 days 11 hours ago) and read 2892 times:



Quoting FCKC (Thread starter):
10 + 10 A321s.MOU only.

I never quite got the stuff about MOU.
Is it anything different than Paramount telling Airbus that:" Hey, we like your product and we might buy it, maybe, sometime, perhaps, possible hopefully in the future if we still like it.


User currently offlineLuke From United Kingdom, joined Apr 2005, 181 posts, RR: 0
Reply 2, posted (5 years 2 months 1 week 6 days 10 hours ago) and read 2771 times:



Quoting Chiad (Reply 1):
I never quite got the stuff about MOU.
Is it anything different than Paramount telling Airbus that:" Hey, we like your product and we might buy it, maybe, sometime, perhaps, possible hopefully in the future if we still like it.

Good question, something I've been wondering also. From a bit of research on the net, it seems that an MOU is not legally binding, but is a way for the intentions of the airline to be communicated to the manufacturer in advance of the signing of a legal contract.

I'm not sure what the advantage is of doing this. Why do airlines not just wait until a formal order can be made? Does an MOU secure delivery slots in advance in case an order is made?


User currently offlineNimish From India, joined Feb 2005, 3220 posts, RR: 9
Reply 3, posted (5 years 2 months 1 week 6 days 9 hours ago) and read 2657 times:



Quoting Luke (Reply 2):
I'm not sure what the advantage is of doing this. Why do airlines not just wait until a formal order can be made? Does an MOU secure delivery slots in advance in case an order is made?

Probably locks the price/slots in for a certain period of time at a certain "consideration" during the MoU signing?



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User currently offlineStarrion From United States of America, joined Jul 2003, 1126 posts, RR: 2
Reply 4, posted (5 years 2 months 1 week 6 days 2 hours ago) and read 2409 times:

Hey that's a really cool airplane you have on sale there.

I'll take ten of them, and the options to take ten more at x price with Delivery in Y(ear)

Deposit? Oh, right. Yeah, let me give you a call once I have the financing put together. Thanks!

Does anyone remember the airline that bought some 787's early on that everyone said was a paper order. Did they ever cancel that?



Knowledge Replaces Fear
User currently offlineVirginFlyer From New Zealand, joined Sep 2000, 4537 posts, RR: 41
Reply 5, posted (5 years 2 months 1 week 5 days 16 hours ago) and read 2267 times:



Quoting Starrion (Reply 4):
Does anyone remember the airline that bought some 787's early on that everyone said was a paper order. Did they ever cancel that?

Primaris? They cancelled their commitment in July 2006: http://www.seattlepi.com/business/276553_boeing06.html

V/F



"So powerful is the light of unity that it can illuminate the whole earth." - Bahá'u'lláh
User currently offlineAviationbuff From India, joined Mar 2008, 1425 posts, RR: 3
Reply 6, posted (5 years 2 months 1 week 5 days 15 hours ago) and read 2247 times:

Good to see Paramount sign a MOU for 10+10 A321's.

Paramount was talking for a long regarding route expansion and acquisition of A350/B787. This announcement, if not for A350/B787 is for a bigger aircraft than their current fleet.


User currently offlineHAWK21M From India, joined Jan 2001, 31679 posts, RR: 56
Reply 7, posted (5 years 2 months 1 week 4 days 14 hours ago) and read 2014 times:

Somehow I find it tough to believe Paramount will get those A321s...seeing whats happening with the recruitment process of Pliots recently,things don't look so optimistic.

regds
MEL.



Think of the brighter side!
User currently offlineTFFIP From United States of America, joined Nov 2008, 203 posts, RR: 0
Reply 8, posted (5 years 2 months 1 week 4 days 13 hours ago) and read 1967 times:

is this the airline that is staffed by aeropro, the people who look after arik from nigeria?

User currently offlineHAWK21M From India, joined Jan 2001, 31679 posts, RR: 56
Reply 9, posted (5 years 2 months 1 week 3 days 15 hours ago) and read 1722 times:

http://www.paramountairways.com/
Their website.

regds
MEL.



Think of the brighter side!
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