Delta announced today they are postponing delivery of new aircraft.

From Ed...."Deferring new aircraft deliveries to manage our reduced capacity and preserve cash."


So I don think any one on here knows what can be deferred or not deferred.

Ted Christie knows, and I’m quoting him from his recent Q/A.

I guess we read different meanings in the email from today. Which is expected, lots of "code" talk

"we expect to resume our growth once this situation resolves"
"Starting today, we are working to further improve our financial footing by reviewing all discretionary and capital expenditures"
"support our growth plans and adjust as appropriate"


All im saying, its all up in the air right now and nothing is set in stone..or as Ted said "the full impact is still unclear." Nothing is off the table, nor should it be.

I’m not talking about his email. I listened to the Q and A he and other C suite members gave at the JP Morgan event.

He said explicitly that they can’t turn away deliveries in the short term, but that production slots further out were more flexible and that Airbus has a good history of working with their airline partners in past situations.

Put it this way. Near term deliveries are already in the jigs or in some form of post build finishing/ certification. Too late. We’re getting them. Later slots are just fictional builds on paper that likely haven’t even drawn from the logistics train in prep for construction yet.

I believe we are on the hook for just the 2020 Deliveries.

Which would make a lot of sense.

Ok. That makes sense.