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Old 04-13-2017 | 10:10 AM
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Originally Posted by BlueRidger328
Yes it is in the 10Q

http://d18rn0p25nwr6d.cloudfront.net...0b7f07272e.pdf

It says BOEING exercised a PUT Option. I only have a vague idea what that is, but reading the 10Q, it almost appears as if Delta is being required to take them from Boeing. Maybe someone can clear this up for me?
There is also a good chart of existing and ordered aircraft in the report.
The link was blocked for being a potential malware site, but the premise is interesting. I've always assumed the only options were CALL options owned by the airlines. It never occurred to me the manufacturer would have PUT options. Maybe the Boeing order book for 737 isnt' as strong as they would like us to believe.
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