<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by msn:
Looks like 9 hard just went down to 5 - I would say that's got to hurt. Everyone knows options are good for zilch right now - just ask Embraer.</font>
Options still do carry some weight as prices are usually guranteed and there is a fee for it.
With regards to Embraer, they also say their firm order get halved... Swiss basically cannot afford the full order. It was an outright cancellation of both firm orders and options.. That hurts.
With the IB, there was no order placed until today.. So 5 planes is still better than zero. Order book infact grew by 5 aircraft..