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Thread: How do "options" to purchase aircraft work?
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Old May 13, 2003 | 3:45 pm
  #4  
parnel
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Join Date: Jan 2002
Location: oakville Ontario canada;AC*SE
Posts: 16,985
It locks in the production schedule with a scheduled time frame to convert the option to full purchase and at the same price as the original order.If the option period runs out the manufacturer has the right to change their price.
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