|Quoting Glom (Thread starter):|
What exactly are options? How does it benefit either the manufacturer or the airline to have them?
|Quoting SkyexRamper (Reply 1):|
That an airline has already signed for a certain number of airplanes to purchase and is also expressing very high interest in another amount of those same planes based on their plans for the future. Most airlines or leasing companies couldn't afford to put deposits down for 100 airplanes so they buy 50 and then "put off" the order of the other 50 for after the first 50 have arrived.
|Quoting Joost (Reply 4):|
AFAIK, there are also options that secure certain production slots.