Look for the first meaningful Boeing 787 cancellations to appear, perhaps as early as this month, due to delays and the economy.
By “meaningful” we mean more than the one from some obscure airline that has already occurred. And we are not talking about Delta/Northwest, which has been publicly hinted at by Delta.
The positions would revert to Boeing, which would not resell them but would absorb them to relieve–however slightly–the pressures on the delivery stream brought on by two years of delays.
In terms of financial impact to the 787 program, this particular cancellation isn’t all that great–after all, there are 900+ orders. But there will be a cash-cost (compensation) to Boeing, we understand, because of the delays to the customer.