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Virgin America To Sublease Aircraft?  
User currently offlineHikesWithEyes From United States of America, joined Jan 2004, 816 posts, RR: 7
Posted (8 years 4 months 1 day ago) and read 4978 times:

http://www.aviationnow.com/avnow/new...ily_story.jsp?id=news/VIR08186.xml


First, benzene in my Perrier, and now this!
9 replies: All unread, jump to last
 
User currently offlineLono From United States of America, joined Apr 2004, 1337 posts, RR: 1
Reply 1, posted (8 years 4 months 22 hours ago) and read 4851 times:

Doooooohhhhh!!!!!

I still would like to see these guys give it a go....



Wally Bird Ruled the Skys!
User currently offlineLN-MOW From United States of America, joined Jan 2000, 1909 posts, RR: 13
Reply 2, posted (8 years 4 months 22 hours ago) and read 4820 times:

Makes total sense. If they can't operate them themselves yet, it's a good way to bring in some money. And build some hours for the crew.


- I am LN-MOW, and I approve this message.
User currently offlineHikesWithEyes From United States of America, joined Jan 2004, 816 posts, RR: 7
Reply 3, posted (8 years 4 months 22 hours ago) and read 4791 times:

Quoting LN-MOW (Reply 2):
And build some hours for the crew.

The article doesn't mention whether they will be wet or dry leases.
I would be surprised if VA crew (if there is such an animal) actually
flies them.



First, benzene in my Perrier, and now this!
User currently offlineDutchjet From Netherlands, joined Oct 2000, 7864 posts, RR: 56
Reply 4, posted (8 years 4 months 22 hours ago) and read 4770 times:

With no set start up date, VA must do something, having eight very expensive brand new airplanes sitting on the ground for the coming months is not the answer. It will be interesting to see what happens.....

The extra financing is going to raise even more issues......now everyone will want to know who would offer VA another $53 million? And we are all guessing the same answer. This case just got more difficult.


User currently offlineLuv2fly From United States of America, joined May 2003, 12150 posts, RR: 49
Reply 5, posted (8 years 4 months 22 hours ago) and read 4770 times:

Could me that Virgin America sees a long road ahead before these planes are flying for them.....


You can cut the irony with a knife
User currently offlineADXMatt From United States of America, joined Jul 2006, 954 posts, RR: 1
Reply 6, posted (8 years 4 months 19 hours ago) and read 4608 times:

Quoting HikesWithEyes (Reply 3):
The article doesn't mention whether they will be wet or dry leases.
I would be surprised if VA crew (if there is such an animal) actually
flies them.

I would think that it would have to be a dry lease as they are not a certificated carrier. On a wet lease the a/c is flown under the owners certificate. (i.e. Air Mike B764 is flown under the CAL certificate, pilots, dispatchers etc.)


User currently offlineWorldsurfer From United States of America, joined Jun 2006, 128 posts, RR: 0
Reply 7, posted (8 years 4 months 19 hours ago) and read 4574 times:

I saw 4 Virgin America Aircraft parked in a remote area in YUL on friday , 2 of them had the full Livery and 2 had just red engines and red tails , but no words painted on them. I could not tell if they were A319's or A320's.

User currently offlineScottB From United States of America, joined Jul 2000, 6826 posts, RR: 32
Reply 8, posted (8 years 4 months 18 hours ago) and read 4497 times:

This also showed up on Holly Hegeman's PlaneBuzz blog yesterday, referencing the same source and adding a bit of other gossip:

http://www.planebuzz.com/2006/08/political_climate_continues_to.html

I'd imagine that they'd only be able to lease/sublease the actual airframes without being a certificated air carrier. All that throws a bit of a wrench into their potential startup plans if/when the DOT does issue them a certificate, since they'd obviously be bound by the terms of any leases they might sign for the aircraft. You can bet that Continental's lawyers are going to jump on the source of new financing; if it's not from a bona-fide U.S. source, I think you can stick a fork in Virgin America.

Eight Airbus narrowbodies are awfully expensive capital assets on which to have to be eating lease and/or financing costs for an extended period. I'd guess they're burning $1.5 to 2 million per month just on parked airplanes. Not to mention that if JetBlue's startup is any guide, they're also burning a similar amount each month on salaries and overhead. The longer Continental and other network carriers can delay Virgin America's start, the more susceptible the new carrier will be to a protracted fare war which is IMO inevitable.

The other interesting little tidbit -- Virgin America's code is going to be VX.


User currently offlineStarGoldLHR From Heard and McDonald Islands, joined Feb 2004, 1529 posts, RR: 1
Reply 9, posted (8 years 4 months 3 hours ago) and read 4228 times:

These are the ones at YUL ..

waiting by the petrol / gas station for filling up
Big version: Width: 836 Height: 538 File size: 45kb
A Virgin America A320 freshly painted and in store at YUL, note the Gas Prices



So far in 2008 45 flights and Gold already. JFK, IAD, LGA, SIN, HKG, NRT, AKL, PPT, LAX still to book ! Home Airport LCY
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