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Quote: Lapidus confirms however that the lessor has not yet secured customers for the A380s, as it is a "speculative order." |
Quoting N14AZ (Reply 1): am confused. Who said it's a "speculative order"? Amedeo formerly known as Doric Lease said this themeselves? |
Quoting Stitch (Reply 2): a "speculative" order - an engagement in a business transaction involving considerable risk, but offering the chance of large gain. |
Quoting frigatebird (Reply 3): Wouldn't be surprised if Airbus at least partially shares the risk. I don't think they will start any production before the first customer(s) have signed up. |
Quoting Finn350 (Reply 5): I suppose this order means that Airbus commits itself into building these 20 frames using a standard cabin configuration... |
Quoting frigatebird (Reply 3): Wouldn't be surprised if Airbus at least partially shares the risk. I don't think they will start any production before the first customer(s) have signed up. |
Quoting PlaneInsomniac (Reply 8): However, (more) bad news for the A380 market. Apparently the best Airbus could come up with for this airshow was the firming of a year-old midsize order by a somewhat questionable entity which has in the meantime already renamed itself and now openly calls their own order "speculative". |
Quoting Finn350 (Reply 5): I suppose the first of these 20 frames will come out in 2015 using the vacant production slots. Let's hope that the customer airlines can be finalized. |
Quoting PlaneInsomniac (Reply 8): Apparently the best Airbus could come up with for this airshow was the firming of a year-old midsize order by a somewhat questionable entity which has in the meantime already renamed itself and now openly calls their own order "speculative". |
Quoting PlaneInsomniac (Reply 8): Frankly, it doesn't get much worse than this. |
Quoting Stitch (Reply 11): I posit Amadeo firmed because they were ready and even though they admit to not having customers pre-signed (hence the "speculative" part of "speculative order"), they must feel very confident they're close. |
Quoting PlaneInsomniac (Reply 8): However, (more) bad news for the A380 market. Apparently the best Airbus could come up with for this airshow was the firming of a year-old midsize order by a somewhat questionable entity which has in the meantime already renamed itself and now openly calls their own order "speculative". Frankly, it doesn't get much worse than this. |
Quoting Finn350 (Reply 5): I suppose this order means that Airbus commits itself into building these 20 frames using a standard cabin configuration |
Quoting tortugamon (Reply 12): But why firm it then, why not wait until you have all/most customers under contract? |
Quoting tortugamon (Reply 12): I think Airbus had to give them some outs / cancellation rights or they already have some 2016 deliveries that they needed to get moving on. |
Quoting JAAlbert (Reply 14): Interesting point - won't a standardized cabin limit the airlines willing to take these planes? Emirates and Singapore both have customized cabins, as do most of the other operators. Taking a plane with a different cabin layout and design would muddle these carriers' product offerings and style. |
Quoting na (Thread starter): Seems Doric has renamed itself |
Quoting RubberJungle (Reply 16): Not sure why any company would choose a name which is so easily misspelled. |
Quoting clickhappy (Reply 18): I don't understand how Amadeo ordering the A380 creates new demand. Are there really "10-15" airlines that want the A380 but can only get them from Amadeo? What is it about this order that makes the risk worthwhile, yet stimulates the demand? |
Quoting clickhappy (Reply 18): Amadeo |
Quoting PlaneInsomniac (Reply 8): Quoting frigatebird (Reply 3): Wouldn't be surprised if Airbus at least partially shares the risk. I don't think they will start any production before the first customer(s) have signed up. This doesn't make any sense unless the companies have further economic ties which have not been disclosed. (Which would likely be illegal.) This is one company placing an order with another company, plain and simple. The linked article already states scheduled delivery dates. As things stand, if Amedeo cannot find lessors under their business model, they will be forced to sell the frames (likely at a low price) or pay compensation to Airbus for breach of contract if they intend not to take them. So, good news for Airbus! However, (more) bad news for the A380 market. Apparently the best Airbus could come up with for this airshow was the firming of a year-old midsize order by a somewhat questionable entity which has in the meantime already renamed itself and now openly calls their own order "speculative". Frankly, it doesn't get much worse than this. |
Quoting clickhappy (Reply 18): He said there were about 10-15 airlines that were potential first-time customers for the new A380s but said he hoped all 20 aircraft could be placed in only two or three transactions, without being more specific. I don't understand how Amadeo ordering the A380 creates new demand. Are there really "10-15" airlines that want the A380 but can only get them from Amadeo? What is it about this order that makes the risk worthwhile, yet stimulates the demand? The obvious choice is that the price is very attractive, as well as the lease rates. Any other ideas? |
Quoting Stitch (Reply 15): Quoting JAAlbert (Reply 14):Interesting point - won't a standardized cabin limit the airlines willing to take these planes? Emirates and Singapore both have customized cabins, as do most of the other operators. Taking a plane with a different cabin layout and design would muddle these carriers' product offerings and style. I am of the opinion that current A380 customers will NOT be candidates for Amadeo A380-800s. |
Quoting clickhappy (Reply 18): I don't understand how Amadeo ordering the A380 creates new demand. Are there really "10-15" airlines that want the A380 but can only get them from Amadeo? What is it about this order that makes the risk worthwhile, yet stimulates the demand? The obvious choice is that the price is very attractive, as well as the lease rates. Any other ideas? |
Quoting Stitch (Reply 2): Amadeo have ordered 20 A380-800s with no customers already signed up to lease them, so it is a "speculative" order - an engagement in a business transaction involving considerable risk, but offering the chance of large gain. |
Quoting Stitch (Reply 11): And considering how long Airbus carried IT's order on their books after it was clear that airline would never take delivery it is very unlikely that they gave Amadeo an ultimatum of "firm by Singapore or we will cancel your MoU and force you to renegotiate at terms more onerous to your position". |
Quoting PlaneInsomniac (Reply 8): Frankly, it doesn't get much worse than this. |
Quoting TC957 (Reply 30): Seems to me that if they want to fit these A380's in a 600 seat configuration without an F class then Amadeo have Russian and Chinese airlines in mind. Possibly a couple to Air Austral as well. |
Quoting Stitch (Reply 11): Like Apple, Airbus must always be doomed no matter what they do. Let me get my violin...the A350/330/320 seem to be doing just fine ![]() [quote=rutankrd,reply=31]Transaero a few more as well, maybe even a few to Skymark. |
Quoting Ab345 (Reply 24): Transaero and Skymark will presumably operate the frame in a whole different direction. |
Quoting scbriml (Reply 29): Yes, it's terrible - 70 firm orders in less than three months. Airbus must be very worried. |
Quoting chiad (Reply 33): Almost 3 years of production and ..... more orders than the B777X. |
Quoting NAv20 (Reply 34): Trouble is, though, chiad, that more than half of all outstanding A380 orders - 96 of them - have been placed by Emirates... |
Quoting Stitch (Reply 35): And yet I don't see many folks pointing to that as a bad sign for Boeing or the 777X program. |
Quoting Stitch (Reply 35): And when EK firms, they'll have two-thirds of the current 777X order book. And yet I don't see many folks pointing to that as a bad sign for Boeing or the 777X program. |
Quoting tyler81190 (Reply 38): But what happens when EK starts returning their A380s? They don't keep aircraft for very long and this could be problematic for airbus once they are returned... Will there be a market for second hand A380s? |
Quoting scouseflyer (Reply 39): But they're not going back to Airbus they're going to whichever of the number of lessors that the planes sold and leased back to. |
Quoting tyler81190 (Reply 40): Quoting scouseflyer (Reply 39):But they're not going back to Airbus they're going to whichever of the number of lessors that the planes sold and leased back to. That makes it worse... Then there will be fairly lightly used, premium aircraft on the market which have been well maintained. Who in their right mind would pay full price to airbus when they can get second hand on the cheap? |
Quoting scbriml (Reply 29): Yes, it's terrible - 70 firm orders in less than three months. Airbus must be very worried. |
Quoting chiad (Reply 33): Almost 3 years of production and ..... more orders than the B777X. |
Quoting zotan (Reply 21): It is very common for the manufacturers to help Lessors find customers for their aircraft. |
Quoting Stitch (Reply 11): Like Apple, Airbus must always be doomed no matter what they do. |
Quoting NAv20 (Reply 36): Whether that happens or not, as far as I can see, is entirely in the hands of Emirates? |
Quoting NAv20 (Reply 34): It remains to be seen whether Emirates will require 'immediate delivery' of all their current orders, or spread them out over up to 12 years? To my mind the latter appears more likely? |
Quoting ferpe (Reply 47): Now who is right? |
Quoting PlaneInsomniac (Reply 42): Airbus has received more than 70 A380 orders in less than three months? |
Quoting PlaneInsomniac (Reply 42): What are you talking about? |