Makes complete sense. If I were Boeing, I’d take the hit but tell them I’d want to see a one for one match of A350 cancellations before talking about anything with the 787.
Course, EY can do whatever they feel they need to.
Boeing can’t dictate anything like that. EY’s 787 order no doubt has cancellation clauses, and EY is free to use them no matter if they cancel A350 too or not.
If EY 77X’s have cancellation penalties and Boeing agrees to waive them as some gesture of goodwill or something they are going to be less receptive over doing the same with the 787s even if EY is also cancelling A350s.
Boeing will work with EY. It depends on new 777X customers willing to accept launch slots. TK, ET, and BA are the only airlines mentioned. BA/IAG is becoming notorious for the discounts and contract terms they want. But hey, any port in a storm...
TK and ET smell blood in the water. They shall negotiate with vigor and might not achieve the price their business cases demand. Cest la vie. This is big business and not for emotions.
I do expect EY will pay some of the next 777X buyers' price. That is how Boeing will avoid triggering most favored clauses.
For 787s, Boeing will either get penalties or a differal. I expect a mix with some cancelations.
For A350s, Airbus is short of near term slots, so I expect their highest profit is to offer a differal and try to avoid cancelations. I except some cancelations, but I expect the reality to transfer to a more soft firm order to keep orders on the books.
I posted for years that bypassing the ME3 hubs was the way to defeat them. It is happening and the new IST will accelerate that.
You only have the first amendment with the 2nd. If you're not going to offend someone with what you say, you don't have the 1st.