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I could be wrong, but I think they can probably make the initial orders now and sell the production slots to someone else down the line if necessary? Don't air

I could be wrong, but I think they can probably make the initial orders now and sell the production slots to someone else down the line if necessary? Don't aircraft manufacturers secure a bunch of order commitments before production so they can get financing for their manufacturing operations? I don't know the details, but I think it is a lot more complex then just "placing orders to buy airplanes"

politelemon 3y ago
Yes normally there is a letter of intent which is simply agreement on price and terms and expiry date, which the media interprets as firm orders. There will still be a bunch of negotiation happening afterwards and and eventually a purchase agreement. There's still more after that but LOI is considered a starting point to say "I'm serious"