Jan 16, 2020, 9:30 pm
Airbus A220 (ex CSeries) Master Thread
Nov 12, 2020, 8:38 am
#751
FlyerTalk Evangelist
Join Date: Mar 2005
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What is the rationale for cancelling options - do the airlines have to put down a small deposit on their optinos that they get back as part of the agreement to cancel or does the airframer not want too many low-priced options sitting around out there that an airline can exercise or sell off to another airline?
Nov 13, 2020, 6:28 am
#752
Join Date: Jan 2017
Location: Halifax
Programs: AC SE100K, Marriott Lifetime Platinum Elite. NEXUS
Posts: 4,568
What is the rationale for cancelling options - do the airlines have to put down a small deposit on their optinos that they get back as part of the agreement to cancel or does the airframer not want too many low-priced options sitting around out there that an airline can exercise or sell off to another airline?
Nov 13, 2020, 7:39 am
#753
Join Date: Feb 2020
Posts: 51
Just a guess but I feel like Boeing had given AC such bare bottom pricing to lure them over in 2013-14, prices that even in Covid era are low. So I'd assume as part of negotiating and allowing 10 more firm orders to be cancelled, that they said that AC loses the low priced options and rights.
Nov 13, 2020, 7:52 am
#754
Moderator, Air Canada; FlyerTalk Evangelist
Join Date: Feb 2015
Location: YYC
Programs: AC SE MM, FB Plat, WS Plat, BA Silver, DL GM, Marriott Plat, Hilton Gold, Accor Silver
Posts: 16,765
Please note that this is the CSeries/A220 thread. Further discussion of the 737 options and orders should take place in the 737 thread.
Adam Smith
AC Forum Co-Moderator
Adam Smith
AC Forum Co-Moderator
Nov 13, 2020, 7:55 am
#755
Join Date: Aug 2010
Location: Why? Why? Zed! / Why? You? Elle! / Gee! Are You!
Programs: Irrelevant
Posts: 3,543
Airplane options are not like any option anyone here has had exposure to or experience with.
In almost all cases, options are for specific slots, as the slot time nears the operator has to either take the option or cancel the option and walk away. In some cases it's an all or noting deal, as in one option is canceled, then all options are canceled, or some may be converted to purchase rights.
In any case, airplane options are unique and are almost always OEM/Operator specific, which means no two operators will have the same type of options as another operator. Just as each operator pays a different price for aircraft acquisition.
Options and purchase rights are not the same thing either, although purchase rights are more flexible for the operator, but usually have a longer lead time for delivery.
In almost all cases, options are for specific slots, as the slot time nears the operator has to either take the option or cancel the option and walk away. In some cases it's an all or noting deal, as in one option is canceled, then all options are canceled, or some may be converted to purchase rights.
In any case, airplane options are unique and are almost always OEM/Operator specific, which means no two operators will have the same type of options as another operator. Just as each operator pays a different price for aircraft acquisition.
Options and purchase rights are not the same thing either, although purchase rights are more flexible for the operator, but usually have a longer lead time for delivery.
Nov 13, 2020, 8:01 am
#756
Join Date: Aug 2010
Location: Why? Why? Zed! / Why? You? Elle! / Gee! Are You!
Programs: Irrelevant
Posts: 3,543
Also, while not as cramped as the 7M8, the A220 FWD galley is not as spacious as it could otherwise be.
Nov 13, 2020, 8:12 am
#757
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Join Date: Mar 2005
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How is that different from other aircraft? Most galleys have "poop closets" adjacent and frequently FA seating is beside them.
Nov 13, 2020, 9:08 am
#758
Join Date: Jan 2017
Location: Halifax
Programs: AC SE100K, Marriott Lifetime Platinum Elite. NEXUS
Posts: 4,568
Airplane options are not like any option anyone here has had exposure to or experience with.
In almost all cases, options are for specific slots, as the slot time nears the operator has to either take the option or cancel the option and walk away. In some cases it's an all or noting deal, as in one option is canceled, then all options are canceled, or some may be converted to purchase rights.
In any case, airplane options are unique and are almost always OEM/Operator specific, which means no two operators will have the same type of options as another operator. Just as each operator pays a different price for aircraft acquisition.
Options and purchase rights are not the same thing either, although purchase rights are more flexible for the operator, but usually have a longer lead time for delivery.
In almost all cases, options are for specific slots, as the slot time nears the operator has to either take the option or cancel the option and walk away. In some cases it's an all or noting deal, as in one option is canceled, then all options are canceled, or some may be converted to purchase rights.
In any case, airplane options are unique and are almost always OEM/Operator specific, which means no two operators will have the same type of options as another operator. Just as each operator pays a different price for aircraft acquisition.
Options and purchase rights are not the same thing either, although purchase rights are more flexible for the operator, but usually have a longer lead time for delivery.
Nov 13, 2020, 9:12 am
#759
FlyerTalk Evangelist
Join Date: Mar 2005
Location: YYZ
Programs: AC*SE 2MM
Posts: 16,648
Airplane options are not like any option anyone here has had exposure to or experience with.
In almost all cases, options are for specific slots, as the slot time nears the operator has to either take the option or cancel the option and walk away. In some cases it's an all or noting deal, as in one option is canceled, then all options are canceled, or some may be converted to purchase rights.
In any case, airplane options are unique and are almost always OEM/Operator specific, which means no two operators will have the same type of options as another operator. Just as each operator pays a different price for aircraft acquisition.
Options and purchase rights are not the same thing either, although purchase rights are more flexible for the operator, but usually have a longer lead time for delivery.
In almost all cases, options are for specific slots, as the slot time nears the operator has to either take the option or cancel the option and walk away. In some cases it's an all or noting deal, as in one option is canceled, then all options are canceled, or some may be converted to purchase rights.
In any case, airplane options are unique and are almost always OEM/Operator specific, which means no two operators will have the same type of options as another operator. Just as each operator pays a different price for aircraft acquisition.
Options and purchase rights are not the same thing either, although purchase rights are more flexible for the operator, but usually have a longer lead time for delivery.
Dec 7, 2020, 8:37 am
#760
Join Date: Mar 2019
Location: YWG
Programs: E35K
Posts: 14
I'm not sure when the restriction was lifted but I noticed all five A220s airborne this morning were cruising between 36,000 and 38,000 feet instead of 29,000. Are they still speed restricted or finally flying unrestricted?
Last edited by Flyer28; Dec 7, 2020 at 8:38 am Reason: Grammar
Dec 7, 2020, 8:45 am
#761
Join Date: Mar 2001
Location: Toronto, ON
Programs: AC 75K
Posts: 6,361
Hardware fix is still to come.
Feb 18, 2021, 10:28 am
#763
Join Date: Aug 2010
Location: Why? Why? Zed! / Why? You? Elle! / Gee! Are You!
Programs: Irrelevant
Posts: 3,543
C-GNBN (FIN 119) in TCA Livery
I have been waiting for so long for someone to finally say something about this and the TCA livery.
https://simpleflying.com/air-canada-a220-retrojet/
This will be one good looking A220.
https://simpleflying.com/air-canada-a220-retrojet/
This will be one good looking A220.
Mar 16, 2021, 11:13 am
#765
Join Date: Aug 2010
Location: Why? Why? Zed! / Why? You? Elle! / Gee! Are You!
Programs: Irrelevant
Posts: 3,543
Modern Airbus A220 to fly Air Canada’s legacy TCA livery across North America
AC has posted a blurb along with a video of the A220 in the paint shop.
https://www.aircanada.com/ca/en/aco/...ern-retro.html
https://www.aircanada.com/ca/en/aco/...ern-retro.html