3 ms·
Well, it goes both ways: EK, being essentially a monopsony customer, is also in a great place to squeeze more concessions from Airbus. That's why the two sides
by _0nac 9y ago
Well, it goes both ways: EK, being essentially a monopsony customer, is also in a great place to squeeze more concessions from Airbus. That's why the two sides are currently engaged in a game of chicken, with EK pulling what seemed like a done deal at the last Dubai airshow ("too expensive, lower your price!") and Airbus now making rumbling noises about cancelling production entirely ("price is too low, no plane for you!").
- InTheArena 9y agoIt does. It's the banking debt problem. When you owe the bank money, you have a problem. When you owe the bank a lot of money, they have a problem.