Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Airliner World: AZ To Accept Option On 5 777-200.  
User currently offlineNycfly75 From Italy, joined Aug 2005, 759 posts, RR: 9
Posted (7 years 9 months 2 weeks 3 days 9 hours ago) and read 4366 times:

I read in the current issue of Airliner World magazine today that Alitalia will take delivery of 5 777-200's beginning in February, 2007. These new planes were part of the original option order with Boeing I believe.

9 replies: All unread, jump to last
 
User currently offlineSolnabo From Sweden, joined Jan 2008, 852 posts, RR: 2
Reply 1, posted (7 years 9 months 2 weeks 3 days 9 hours ago) and read 4296 times:

With a loss over 3 Bln € the last 6 months, how on earth are AZ gonna take delivery of 5 B777´s??

Micke//  

[Edited 2006-12-04 20:30:11]


Airbus SAS - Love them both
User currently offlineEFHK From Finland, joined Nov 2006, 392 posts, RR: 0
Reply 2, posted (7 years 9 months 2 weeks 3 days 9 hours ago) and read 4290 times:

Is their financial situation improving so that they can purchase these planes?

If so, that's good news! Nice to see AZ recovering.



One of the best places in the world: McDonald's in T2 at FRA.
User currently offlineNycfly75 From Italy, joined Aug 2005, 759 posts, RR: 9
Reply 3, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 4232 times:

Question is will they be leased or bought? It didnt say in the article. All it said was that they are taking 5 of the options for now. I guess theyll open LAX again and HKG perhaps with the 5.

User currently offlineN328KF From United States of America, joined May 2004, 6484 posts, RR: 3
Reply 4, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 4224 times:

Where is Boeing going to pull the delivery slots for 5 777-200(ERs, presumably) out of their ass within three months?


When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineMagyarorszag From , joined Dec 1969, posts, RR:
Reply 5, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 4182 times:

Quoting Nycfly75 (Thread starter):
I read in the current issue of Airliner World magazine today that Alitalia will take delivery of 5 777-200's beginning in February, 2007. These new planes were part of the original option order with Boeing I believe.

Really ? And where is AZ getting the money from ?  mischievous 


User currently offlineScotron11 From United Kingdom, joined Feb 2004, 1178 posts, RR: 3
Reply 6, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 4153 times:

Quoting EFHK (Reply 2):

If so, that's good news! Nice to see AZ recovering.

AZ is in dire financial straits at the moment. so where the money for these aircraft is coming from I do not know!


User currently offlineEFHK From Finland, joined Nov 2006, 392 posts, RR: 0
Reply 7, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 4103 times:

Quoting Scotron11 (Reply 6):
AZ is in dire financial straits at the moment

Well, that's what I thought too!  confused 



One of the best places in the world: McDonald's in T2 at FRA.
User currently offlineMagyarorszag From , joined Dec 1969, posts, RR:
Reply 8, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 4033 times:

Quoting Solnabo (Reply 1):
With a loss over 3 Bln € the last 6 months

If that's it, maybe there are also some unpaid bills for fuel suppliers. Five years ago another airline quit famous went bust with an annual deficit for 2000 of €2 Bln and unpaid fuel bills. So how could AZ order new planes when in a certain sense it should be dead since long ???

[Edited 2006-12-04 21:10:07]

User currently offlineStirling From Italy, joined Jun 2004, 3943 posts, RR: 21
Reply 9, posted (7 years 9 months 2 weeks 3 days 8 hours ago) and read 3935 times:

Very few airlines purchase aircraft with cash, most are financed.

Even if an airline is losing money like Alitalia; being the international flag carrier of one of the world's top economies does carry some financial clout, it might however come with a heavy interest penalty, but would not preclude it from acquiring aircraft....Especially when it's the Republic of Italy on the hook for the purchase, but that is changing.

Because in addition, on Friday, the Italian government has said it will reduce its hold on the 49% controlling share in the airline, down to less than 25%...one of the things that barred any serious interest in the airline up to now. (Labor issues being another.)

International Herald Tribune Article

Quote:
The Italian government said Friday that it would sell about half of its 49.9 percent stake in Alitalia and cede management control, a step that could help prepare the country's unprofitable flagship carrier to be taken over by Air France-KLM.

This latest bit of news might very well trump the information in Airliners as the article in all reality was written months ago.
Whoever buys that 24% or so, could very well cancel the order.
Lets wait and see. I personally, hope they get the 777s.



Delete this User
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
L'espace Premiere On 777-200? posted Sat Apr 22 2006 21:26:09 by Airbus3801
How Many Cabin Crew On 777-200? posted Wed Jun 15 2005 07:22:35 by TG992
PIA To Install EFB On 777 posted Tue May 13 2003 08:30:37 by Airmale
Continental To Use 777-200 On EWR-IAH Summer Route posted Thu May 18 2006 22:37:25 by ContinentalGuy
El Al Starts 777-200 Service To Miami On Sunday! posted Fri Aug 2 2002 03:45:58 by MAH4546
Early 777-200 To Be Broken-Up For The First Time posted Wed Nov 15 2006 10:35:03 by Leelaw
Continental To Restore 777-200 From IAH-EWR posted Sun Jul 16 2006 01:57:33 by Raichuzai
DL JFK To FRA Should Be On 777 posted Sat Dec 3 2005 15:22:30 by JumboJet
777-200 LR Will Come To Istanbul? posted Mon Jun 27 2005 11:33:11 by Emrecan
AZ To Cancel 141 Flights On 02/10 posted Wed Feb 9 2005 15:36:51 by Scotron11