|Quoting Revelation (Reply 121):|
UPS ordered 90 A300-600R frames, and accepted 53, so there are 37 deposits. Random googling brought up this link which suggests retail price for a 2002 A300-600R is $38M-$42M so for round numbers let's say $40M. And since I have absolutely no clue, but have been told the bulk of the cost is paid at delivery time, let's presume a deposit is 10% of retail cost. If so, we are talking about 37 * 40 * 0.10 = $148M.
Highly unlikely that UPS transfered 4 hundred million dollars to Airbus for deposits on 100 A300 freighters.
Can you imagine all these new start up airlines that buy 100 A320s out of the gate putting down 400 million USD, and one would expect them to a much higher risk then UPS, which would mean a higher deposit.
I think that we should remember that UPS has a legal department, just like Airbus, and there should be plenty of stipulations within the contract, like X number of Customers by X date, delivery by X date and so on and so forth