DBCoop3r wrote:scbriml wrote:chiad wrote:I find it amazing that there is still no cancellation rush for Airbus.
What am I missing?
I don’t think you’re missing anything. The vast majority of Boeing’s cancellations are MAX, which because of the circumstances, are easy to cancel.Stitch wrote:Less-flexible sales contracts so customers are likely deferring rather than outright cancelling if their finances allow.
I’d be surprised if there’s any significant difference between the OEMs contracts. The MAX situation is clearly the main contributor to the difference in cancellations between them so far this year.
Also have to consider how each firm keeps their books. Airbus is known to keep obviously cancelled orders on their log for years, A380 "orders" are a prime example. Boeing for the most part has to be more forthcoming in this manner mostly due to US accounting rules.
UA will never take the A350s on order and that's obvious to us, but if that were the case with a Boeing product, then BA would have to report the future non-revenue differently than Airbus just ignoring it until they have to deal with it.
The myths on this site just keep on living - this is the same nonsense that was being spouted a decade ago.