Delta reducing widebody order?
04-13-2017 | 09:26 AM
#33
Gets Weekends Off
Joined: Mar 2009
Posts: 103
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From: Guppy Whisperer
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.
04-13-2017 | 10:10 AM
#35
Gets Weekends Off
Joined: Apr 2007
Posts: 5,629
Likes: 654
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.
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.
04-13-2017 | 11:11 AM
#36
Racketeer
Joined: Mar 2015
Posts: 13,364
Likes: 846
From: N60.4858 W149.9327
https://www.sec.gov/ix?doc=/Archives...331201710q.htm
try this one
Boeing exercised their put option and sold Delta 10 shiny new 737-900er aircraft. The modification of the order when Delta agreed to half the 737 they originally ordered and cancelled in 2015. Delta gave Boeing a put option on 10 additional 737s. (The ones we weren't going to get because of the 2015 TA 1 vote down)
try this one
Boeing exercised their put option and sold Delta 10 shiny new 737-900er aircraft. The modification of the order when Delta agreed to half the 737 they originally ordered and cancelled in 2015. Delta gave Boeing a put option on 10 additional 737s. (The ones we weren't going to get because of the 2015 TA 1 vote down)
Last edited by notEnuf; 04-13-2017 at 11:31 AM.
04-13-2017 | 12:35 PM
#37
Gets Weekends Off
Joined: Mar 2009
Posts: 103
Likes: 0
From: Guppy Whisperer
https://www.sec.gov/ix?doc=/Archives...331201710q.htm
try this one
Boeing exercised their put option and sold Delta 10 shiny new 737-900er aircraft. The modification of the order when Delta agreed to half the 737 they originally ordered and cancelled in 2015. Delta gave Boeing a put option on 10 additional 737s. (The ones we weren't going to get because of the 2015 TA 1 vote down)
try this one
Boeing exercised their put option and sold Delta 10 shiny new 737-900er aircraft. The modification of the order when Delta agreed to half the 737 they originally ordered and cancelled in 2015. Delta gave Boeing a put option on 10 additional 737s. (The ones we weren't going to get because of the 2015 TA 1 vote down)
04-13-2017 | 01:06 PM
#38
Line Holder
Joined: Oct 2008
Posts: 766
Likes: 16
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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