Thread: CAL had no financing for a/c order past 2010
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Old 03-05-2013, 05:54 AM
  #8  
Maxepr1
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Joined APC: Jan 2012
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Originally Posted by CALFO View Post
There seems to be a misunderstanding as to what backstop financing is or why CAL (or any other airline) would not want it. Here's an article from 2009 that explains backstop financing as well as the market conditions at the time

Aviation Today :: Airlines Need Manufacturer’s Financial Help
I was under the same impression as you with back stop financing...Cgull just wants to feel good...Maybe he should do a little more home work..
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