Originally Posted by
sailingfun
I don't believe are Boeing contract allowed us to resell a unconfirmed position. What we did do however is resell a bunch (30 Plus) 737-800's after purchasing them. The planes went from the production line to the new airline without Delta ever flying them however we technically took delivery and then sold the aircraft.
Yes, but rather than sell them for a premium, Delta took some very significant charges to the income statement, as they were sold at a loss.