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N178UA Owned By Verizon?  
User currently offlineUN_B732 From , joined Dec 1969, posts, RR:
Posted (9 years 4 weeks 1 day 22 hours ago) and read 2383 times:

Someone sent me this from an ownership database

Boeing 747-400 PW4056 N178UA 24385 1990 VERIZON COMMUNICATIONS 64408 8067 9/30/2005 In Service

Now by which obscure means could a UA 747 belong to Verizon?

6 replies: All unread, jump to last
 
User currently offlineDLKAPA From , joined Dec 1969, posts, RR:
Reply 1, posted (9 years 4 weeks 1 day 22 hours ago) and read 2357 times:

Serial Number 24385 Type Registration Corporation
Manufacturer Name BOEING Certificate Issue Date 11/14/1990
Model 747-422 Status Valid
Type Aircraft Fixed Wing Multi-Engine Type Engine Turbo-Jet
Pending Number Change None Dealer No
Date Change Authorized None Mode S Code 50234250
MFR Year 1990 Fractional Owner NO



Registered Owner

Name WILMINGTON TRUST CO TRUSTEE
Street RODNEY SQ N CORP TRUST ADMINISTRA
City WILMINGTON State DELAWARE Zip Code 19890
County NEW CASTLE
Country UNITED STATES


User currently offlineUN_B732 From , joined Dec 1969, posts, RR:
Reply 2, posted (9 years 4 weeks 1 day 22 hours ago) and read 2346 times:

Must have been a database error.. Thanks.

User currently offlineFlyHoss From , joined Dec 1969, posts, RR:
Reply 3, posted (9 years 4 weeks 1 day 22 hours ago) and read 2341 times:

That may be the case, where an owner leases an aircraft to a carrier. I checked the FAA registry database myself for 178UA and found it's controlled (not necessarily owned) by Wilmington Trust Co. - Trustee. It's not uncommon for the owner to use, or establish, a trustee to manage the aircraft or it's lease.
To check the FAA registry, use this link:

http://registry.faa.gov/aircraftinquiry/nnum_inquiry.asp


User currently offlineSyncmaster From , joined Dec 1969, posts, RR:
Reply 4, posted (9 years 4 weeks 1 day 22 hours ago) and read 2335 times:
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The company that provided the capital to purchase the plane was probably Verizon Capital (owned by Verizon Communications), Wilmington Trust Co is just the trustee (they are handling the deal).

I've seen Verizon named in serveral of the Delta Chapter 11 lease rejections as well.

-Charlie


User currently offlineLaxintl From , joined Dec 1969, posts, RR:
Reply 5, posted (9 years 4 weeks 1 day 22 hours ago) and read 2319 times:

You guys might remember a few months back Disney was suing United for back payments related to several B757s.

Its not unusual for non aviation companies to take part in investments in aircraft. They usually do this for the tax benefits (large depreciation charges).


User currently offlineGerardo From , joined Dec 1969, posts, RR:
Reply 6, posted (9 years 4 weeks 1 day 21 hours ago) and read 2214 times:

And I thought, you were talking about this N178UA here  Wink

Gerardo


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