BJ and AW have touted on multiple occasions over the past year that our order book is valuable. They can't sell the order book, and I can't imagine they'd cancel orders based on the discounted price Southwest received after the grounding, which is indeed valuable. So, what are they up to?
According to Boeing, SWA has more than 400 unfilled Max orders and let’s say that the discounted price is $50M per aircraft that brings that value of the book to $20B. That makes Southwest Airlines an even more attractive merger partner, if it could be pulled off.
Crazy, right?