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Post by FabienA380 on Sept 1, 2013 1:37:29 GMT 1
I've been wondering lately what is happening (if it ever happened for any plane manufacturer?) if all orders for a plane type would be fullfilled, but options would still remain with some airlines... For example, it seems according to en.wikipedia.org/wiki/Bombardier_Dash_8 that there are only 36 Dash8-Q400 orders unfullfilled, and also now around 50 options left... According to www.planespotters.net/Production_List/De-Havilland-Canada/DHC-8_Dash-8/DHC-8-400/?p=4 Bombardier did deliver around 56 Dash8-Q400s in 2011, 41 in 2012, and so far 18 in 2013... Hence obviously the production is decreasing, could it happen that all orders could be fullfilled but options could still remain, and what would happen in this case?... Fabien
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Sept 1, 2013 9:40:24 GMT 1
We never know how many options for a type are valid at a given date. This is because options can only be exercised in a certain timeframe, and are void after the deadline has lapsed, unless of course an extension has been agreed upon. Options can also be nulled, for instance if the customer prefers to move them to an other type. Such extensions or cancellations are seldom publicised. So, only the parties to a contract know the exact legal situation at a given date.
When a manufacturer intends to stop production of a type, he has indeed to take options into account. As they expire with the sales contract they are part of, there would be few of them left, and the manufacturer would inquire about customers' intentions. He would be very pleased to collect a few additional orders in the process, but, as line closure is the consequence of lack of demand, customers are usually ready to cancel any remaining options.
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Post by FabienA380 on Sept 1, 2013 11:08:39 GMT 1
ohh okay, thanks philidor... So this situation that I am wondering about, would probably never happen?... Fabien
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XWB
in service - 11 years
Posts: 16,115
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Post by XWB on Sept 1, 2013 13:11:13 GMT 1
Russia just placed a MoU for 50 Q400 aircraft (+ 50 options), that should keep the line open for a while.
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Sept 1, 2013 15:37:39 GMT 1
ohh okay, thanks philidor... So this situation that I am wondering about, would probably never happen?... Fabien In my opinion, it should not happen. I don't think you can have customers interested in keeping options, but no orders ! I also suppose that some time before closing the line, the manufacturer would stop granting extensions on existing options.
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Sept 1, 2013 15:49:51 GMT 1
Russia just placed a MoU for 50 Q400 aircraft (+ 50 options), that should keep the line open for a while. If they find an agreement on a Russian production line and firm the deal .... That is far from certain ! If they do, the Canadian line will in my opinion have no future.
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