YTZ From Canada, joined Jun 2009, 1444 posts, RR: 23 Reply 1, posted (3 years 9 months 3 weeks 3 days 3 hours ago) and read 1548 times:
That's good news but this is even more interesting:
Amended Boeing 787 Purchase Agreement
-------------------------------------
Air Canada and Boeing have agreed to amend the Boeing 787 Dreamliner
purchase agreement to reduce the number of options for additional Boeing 787
aircraft by ten, from 23 to 13, and to provide for purchase rights for ten
Boeing 787 aircraft. Air Canada continues to have 37 firm orders for Boeing
787 aircraft. Air Canada and Boeing also agreed to amend certain commercial
terms, including to revise delivery dates and to provide for certain financial
adjustments. Air Canada's first Boeing 787 aircraft, is now scheduled for
delivery in the second half of 2013.
So now we finally have some estimate on when AC will get its 787s.
KL911 From Ireland, joined Jul 2003, 4974 posts, RR: 14 Reply 2, posted (3 years 9 months 3 weeks 3 days 3 hours ago) and read 1513 times:
Quoting YTZ (Reply 1): So now we finally have some estimate on when AC will get its 787s.
Please don't stick to a date, we've all learned that now right? The 787 will fly whenever it decides to fly, nobody knows.... So don't take those dates to serious.
" The European consumer would crawl naked over broken glass to get low fares." Michael O'Leary
RP TPA From United States of America, joined Oct 1999, 829 posts, RR: 0 Reply 3, posted (3 years 9 months 3 weeks 3 days 3 hours ago) and read 1486 times:
Quoting YTZ (Reply 1): Amended Boeing 787 Purchase Agreement
What exactly does the new agreement mean? The original one was for 37 firm orders, and 23 options. Does the "purchase rights for ten Boeing 787 aircraft" mean that they are converting 10 options to firm orders?
Spyderz From Canada, joined Apr 2001, 651 posts, RR: 0 Reply 4, posted (3 years 9 months 3 weeks 3 days 2 hours ago) and read 1398 times:
Well performing sale leasebacks on 777-300ERs and obtaining financing at the staggering rate of 12.75%, while still impressive, equates a little more than selling the office furniture for firewood. In essence, Air Canada has no more assets in which to obtain additional secured financing. This does not change Air Canada's fundamental problems and if the economy remains the same, or the price of oil increases, Air Canada will burn through this cash in no time, albeit other carriers will likely as well.
Asiaflyer From Singapore, joined May 2007, 1019 posts, RR: 1 Reply 5, posted (3 years 9 months 3 weeks 2 days 21 hours ago) and read 1203 times:
Quoting RP TPA (Reply 3): What exactly does the new agreement mean? The original one was for 37 firm orders, and 23 options. Does the "purchase rights for ten Boeing 787 aircraft" mean that they are converting 10 options to firm orders?
Sponsor Message: 
From United States of America, joined Oct 1999, 829 posts, 
From Canada, joined Jun 2009, 1444 posts, 
From Ireland, joined Jul 2003, 4974 posts, 
From Singapore, joined May 2007, 1019 posts, 
Printer friendly format 
