[thenoflyzone]

Originally Posted by SpongeG

Boeing Soars on Letter of Intent for 200 of its 737 Max Planes





https://www.thestreet.com/markets/boeing-gets-dreamliner-order-from-korean-air-14994495

Seems like "rubbish" is my word of the day, because that is what a LOI (letter of intent) is. There is no deposit, no guarantee the airline will actually order the planes. Heck, with an LOI, the airline doesnt even need to choose the engine manufacturer. This is simply Boeing being desperate to show some positive news ref. MAXgate.

Boeing: " Here, look ! A top airline alliance told us they intend, maybe, eventually, on ordering 200 Max planes! How exciting !"

Now I'm not saying IAG wont follow through on their LOI and make this a firm order, but until that happens, this is a non-event.