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From how these contracts were explained to me, this is a win for Boeing (probably). Most of these contracts have an initial deposit then payment on delivery ho
by jjwhitaker 7y ago
From how these contracts were explained to me, this is a win for Boeing (probably).
Most of these contracts have an initial deposit then payment on delivery however if the order is cancelled, Boeing keeps any deposit and possibly some or all of the full payment (as a cancellation fee like with most cell phone contracts).
Now Bowing already has the initial cost of manufacturing partially or fully covered AND gets to sell the plane or simply not manufacture it for pure profit.
- JAlexoid 7y agoThese contracts aren't exactly cookie cutter privacy policy agreements. Boeing isn't going to profit off these cancellations in any case. There's a lot of money in support as well.