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RAK Airways To Order Either 10 A332 Or B787  
User currently offlinePanAm_DC10 From Australia, joined Aug 2000, 4162 posts, RR: 89
Posted (7 years 10 months 3 weeks 7 hours ago) and read 7797 times:
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A new U.A.E. operator RAK Airways intends to place an order and start operations, fair use excerpt;

By Will McSheehy

Nov. 2 (Bloomberg) -- Airbus SAS or Boeing Co. will win an order worth about $1.6 billion to supply a passenger plane fleet to RAK Airways, the carrier that plans to start flights out of the United Arab Emirates in the first quarter of 2007.

''Our fleet will all be 787-8s or A330-200s to get the cost savings on parts and labor by using the same manufacturer,'' RAK Chief Executive Jack Romero said in an interview in the emirate of Ras al-Khaimah yesterday.

The airline will own 10 passenger planes by 2012, said Romero, 44, and has decided to buy two Boeing 757 freighters.


[END - Fair use excerpt http://bloomberg.com/apps/news?pid=c...=conews&tkr=BA:US&sid=aGL4ejSl.Rnw ]

Another Middle Eastern Operator!

Regards, PanAm_DC10


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22 replies: All unread, jump to last
 
User currently offlineNimish From India, joined Feb 2005, 3233 posts, RR: 9
Reply 1, posted (7 years 10 months 3 weeks 6 hours ago) and read 7714 times:

Surely it will be prudent for them to order the 332s, since they're going to be available much sooner than the 788s? But OTOH, the eternal question once again - does the Middle east really need the additional capacity this brings?


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User currently offlineThorben From , joined Dec 1969, posts, RR:
Reply 2, posted (7 years 10 months 3 weeks 6 hours ago) and read 7677 times:

If they want to start flying pax in '07 - they would need the A330. Maybe they can get some from Austrian.

User currently offlineScbriml From United Kingdom, joined Jul 2003, 12566 posts, RR: 46
Reply 3, posted (7 years 10 months 3 weeks 5 hours ago) and read 7580 times:
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I believe these planes will be for future expansion. Operations are planned to start with 737s (300/400/500 series) & 757s by the end of this year. Maybe that's slipped a bit.


Time flies like an arrow, but fruit flies like a banana!
User currently offlineNijltje From Belgium, joined Aug 2005, 241 posts, RR: 0
Reply 4, posted (7 years 10 months 3 weeks 3 hours ago) and read 7455 times:

Sure it will be 330 as 787 will not be available before 2009.

User currently offlinePanAm_DC10 From Australia, joined Aug 2000, 4162 posts, RR: 89
Reply 5, posted (7 years 10 months 3 weeks 3 hours ago) and read 7445 times:
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Quoting Scbriml (Reply 3):
I believe these planes will be for future expansion.

That is my understanding

Quoting Scbriml (Reply 3):
Operations are planned to start with 737s (300/400/500 series) & 757s by the end of this year.

They have already purchased a 733 to commence operations to Iran. In addition they are leasing a 757-200 from Iberia. I do not know where they intend to source the 757Fs from.

They have raised US$231 million and intend to set up a Finance unit to procure the model they decide to purchase and lease them back to the carrier. But interestingly they don't intend to set that up until 2009.

Of note the CEO Jack Romero founded British Mediteranean Airways Ltd in 1994, he did that via a capital raising, so he has some solid experience behind him. He also mentions that they target to have an alliance partner within 3 years, similar to what he did with BMed and BA.

However, the Emirate of Ras al-Khaimah only has a population of 250,000 so that would lead me to echo the sentiment of Nimish;

Quoting Nimish (Reply 1):
the eternal question once again - does the Middle east really need the additional capacity this brings?

Scbriml My apologies, as you posted on RAK earlier this year and the thread did not appear when I posted and is locked. For those seeking further details I suggest a visit to the earlier thread by Scbriml However, todays news adds to that information as they have declared their intent on which models are under consideration and how they propose to structure their operation.

Regards, PanAm_DC10



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User currently offlineDanny From Poland, joined Apr 2002, 3509 posts, RR: 2
Reply 6, posted (7 years 10 months 3 weeks 3 hours ago) and read 7445 times:

Quoting Nijltje (Reply 4):
Sure it will be 330 as 787 will not be available before 2009.

It is sold out until somewhere in 2011 (assuming no delays).


User currently offlineLumberton From United States of America, joined Jul 2005, 4708 posts, RR: 20
Reply 7, posted (7 years 10 months 3 weeks 2 hours ago) and read 7350 times:

Quoting Thorben (Reply 2):
If they want to start flying pax in '07 - they would need the A330. Maybe they can get some from Austrian.

AFAIK, they would have to be used A330s, right? Is not A330 production spoken for until 2009?



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User currently offlineCRJ900 From Norway, joined Jun 2004, 2191 posts, RR: 1
Reply 8, posted (7 years 10 months 3 weeks 2 hours ago) and read 7276 times:
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Will RAK be a full-frill carrier like EK and EY and QR or will they have an LCC-profile? With B737 Classics only at first, lie-flat seats with PTV may not be the right "thing"... they kind of look nicer in a widebody.


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User currently offlineUAEflyer From United Arab Emirates, joined Nov 2006, 1084 posts, RR: 0
Reply 9, posted (7 years 10 months 3 weeks 2 hours ago) and read 7252 times:

From my view, i think they should buy airbus because few miles from Ras Alkhaima airport you will find DXB, where there are huge maintenace facilities for the A330 which Emirates operates 29 of them. They can easily maintain their A330, if they decided to buy them, in DXB with a good discount LoL. Or use GAMCO in Abu Dhabi Airport.

Another suggestion is to buy the EK A330's i have heard that they want to replace them by their hughe new orders


User currently offlineThorben From , joined Dec 1969, posts, RR:
Reply 10, posted (7 years 10 months 3 weeks 1 hour ago) and read 7142 times:

Quoting Lumberton (Reply 7):
AFAIK, they would have to be used A330s, right? Is not A330 production spoken for until 2009?

I don't know, they might get some slots. Probably a lot easier than getting 787 slots.


User currently offlineERJ170 From United States of America, joined Apr 2004, 6771 posts, RR: 17
Reply 11, posted (7 years 10 months 3 weeks ago) and read 7094 times:

Maybe it's just me.. but if they are starting out using the B737 and B757F and it was stated that they wanted the fleet commonality so they could save on parts and maintenance... why wouldn't they be getting the B787?

Or was hit intent to say they were not going to SPLIT an order?



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User currently offlineMptpa From United States of America, joined Feb 2006, 546 posts, RR: 0
Reply 12, posted (7 years 10 months 3 weeks ago) and read 7012 times:

Quoting Thorben (Reply 2):
If they want to start flying pax in '07 - they would need the A330

What stops them from getting some intermediate B767, and get the 787 from 2010 onwards or from leasing company? They did not state they want to own them? Operational leases are more attractive than outright ownership anyway....


User currently offlineNYC777 From United States of America, joined Jun 2004, 5758 posts, RR: 47
Reply 13, posted (7 years 10 months 2 weeks 6 days 23 hours ago) and read 6922 times:

Does anyone know when they expect to make an announcement?


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User currently offlineJimyvr From , joined Dec 1969, posts, RR:
Reply 14, posted (7 years 10 months 2 weeks 6 days 23 hours ago) and read 6896 times:

I thought ILFC is looking for placements of 10+ 787? Since Air Seychelles and AeroMexico snapped 2 and 3.

User currently offlineThorben From , joined Dec 1969, posts, RR:
Reply 15, posted (7 years 10 months 2 weeks 6 days 23 hours ago) and read 6863 times:

Quoting Mptpa (Reply 12):
What stops them from getting somernintermediate B767, and get the 787 from 2010 onwards or from leasingrncompany?

The fact that A330s have better economics than 767s.


User currently offlineScbriml From United Kingdom, joined Jul 2003, 12566 posts, RR: 46
Reply 16, posted (7 years 10 months 2 weeks 6 days 20 hours ago) and read 6714 times:
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Quoting PanAm_DC10 (Reply 5):
They have already purchased a 733 to commence operations to Iran. In addition they are leasing a 757-200 from Iberia. I do not know where they intend to source the 757Fs from.

PanAm, any idea when these planes are due? I'm in Dubai for a few months and will drive up to RAK to have a look at these. Their c/s looks pretty good (shame they haven't got it on their web site yet!) - blue and silver.



Time flies like an arrow, but fruit flies like a banana!
User currently offlineN328KF From United States of America, joined May 2004, 6485 posts, RR: 3
Reply 17, posted (7 years 10 months 2 weeks 6 days 20 hours ago) and read 6699 times:

Quoting Thorben (Reply 15):
The fact that A330s have better economics than 767s.

Again, you have made a cardinal mistake: A330s (or anything bigger) only have better economics if you can fill them. This can be applied to any aircraft comparison of similar technology.



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User currently offlinePlaneHunter From Germany, joined Mar 2006, 6807 posts, RR: 77
Reply 18, posted (7 years 10 months 2 weeks 6 days 19 hours ago) and read 6619 times:

Quoting Thorben (Reply 15):
The fact that A330s have better economics than 767s.

No - it depends on the mission the aircraft is used for.


PH



Nothing's worse than flying the same reg twice!
User currently offlineIkramerica From United States of America, joined May 2005, 21529 posts, RR: 59
Reply 19, posted (7 years 10 months 2 weeks 6 days 19 hours ago) and read 6602 times:

Quoting PlaneHunter (Reply 18):
No - it depends on the mission the aircraft is used for.

And if you only have a couple planes, and you are going to fly 757s, you might want 767s at first just for crew commonality.



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User currently offlineDAYflyer From United States of America, joined Sep 2004, 3807 posts, RR: 3
Reply 20, posted (7 years 10 months 2 weeks 6 days 19 hours ago) and read 6549 times:

Quoting Nimish (Reply 1):
Surely it will be prudent for them to order the 332s

Not neccessarily. They are buying 2 757 frieghters.



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User currently offlineThorben From , joined Dec 1969, posts, RR:
Reply 21, posted (7 years 10 months 2 weeks 6 days 16 hours ago) and read 6245 times:

Quoting N328KF (Reply 17):
Again, you have made a cardinal mistake: A330s (or anything bigger) only have better economics if you can fill them. This can be applied to any aircraft comparison of similar technology.

For a real comparison, they have to be filled with a capacity similar to their size. Obviously. They are not the same size, but somewhat close.


User currently offlinePanAm_DC10 From Australia, joined Aug 2000, 4162 posts, RR: 89
Reply 22, posted (7 years 10 months 2 weeks 6 days 11 hours ago) and read 5063 times:
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Quoting Scbriml (Reply 16):
Quoting PanAm_DC10 (Reply 5):
They have already purchased a 733 to commence operations to Iran. In addition they are leasing a 757-200 from Iberia. I do not know where they intend to source the 757Fs from.

PanAm, any idea when these planes are due? I'm in Dubai for a few months and will drive up to RAK to have a look at these. Their c/s looks pretty good (shame they haven't got it on their web site yet!) - blue and silver.

Hi Scbriml, they actually stated they have taken them but I do not know the precise details. If you can spare me a few days I shall look into it and revert back to you. Or, perhaps another, more knowledgeable member could provide an assist.

Regards, PanAm_DC10



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