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Avion Cancels B777-200LRF Order  
User currently offlineFlying-Tiger From Germany, joined Aug 1999, 4166 posts, RR: 36
Posted (6 years 10 months 3 weeks 5 days 4 hours ago) and read 6415 times:

... but has a taker for all 8 frames - Deucalion Capital.

Quote:
Boeing Co. (BA) Monday said Deucalion Capital has purchased eight 777 freighters, valued at $2 billion at list prices, for lease to AeroLogic, a new joint-venture airline formed by Lufthansa Cargo and DHL Express.

Boeing said the freighters were initially ordered by Avion Group of Iceland in 2005 and picked up by Deucalion after the order was cancelled.

http://money.cnn.com/news/newsfeeds/...OWJONESDJONLINE000147_FORTUNE5.htm

Per my understandin this deal already went through in November 2007.


Flown: A319/320/321,A332/3,A380,AT4,AT7,B732/3/4/5/7/8,B742/4,B762/763,B772,CR2,CR7,ER4,E70,E75,F50/70,M11,L15,S20
9 replies: All unread, jump to last
 
User currently offlineScouseflyer From United Kingdom, joined Apr 2006, 3401 posts, RR: 9
Reply 1, posted (6 years 10 months 3 weeks 5 days 4 hours ago) and read 6380 times:

So they've sold the orders to another lessor if effect?

User currently offlineZTagged From Niger, joined Oct 2007, 516 posts, RR: 0
Reply 2, posted (6 years 10 months 3 weeks 5 days 2 hours ago) and read 6045 times:



Quoting Scouseflyer (Reply 1):

Looks like Avion backed out, and AeroLogic picked up the frames. Seems pretty logical, me thinks.



Something awful.
User currently offlineFraport From Germany, joined Jul 2005, 145 posts, RR: 0
Reply 3, posted (6 years 10 months 3 weeks 5 days 2 hours ago) and read 6014 times:

Maybe the thread title is a bit misleading, though factual right.

User currently offlinePM From Germany, joined Feb 2005, 6991 posts, RR: 63
Reply 4, posted (6 years 10 months 3 weeks 5 days 2 hours ago) and read 5885 times:

For what it's worth, Avion have 10 x A330F on order...

User currently offlineEA772LR From United States of America, joined Mar 2007, 2836 posts, RR: 10
Reply 5, posted (6 years 10 months 3 weeks 4 days 11 hours ago) and read 4385 times:



Quoting PM (Reply 4):
For what it's worth, Avion have 10 x A330F on order...

Maybe the 77LRF was just too big for Avion. This is a win win situation in my mind. Those 77LRF's found new homes, and the 330F has orders.  bigthumbsup 



We often judge others by their actions, but ourselves by our intentions.
User currently offlineUajetblast1 From United States of America, joined Nov 2007, 16 posts, RR: 0
Reply 6, posted (6 years 10 months 3 weeks 4 days 11 hours ago) and read 4370 times:



Quoting PM (Reply 4):
For what it's worth, Avion have 10 x A330F on order...

Worth nothing!


User currently offlineLAXintl From United States of America, joined May 2000, 26129 posts, RR: 50
Reply 7, posted (6 years 10 months 3 weeks 4 days 8 hours ago) and read 3423 times:

Avion at the moment does not know if its coming or going. Air Atlanta stake has been sold, which has left Air Atlanta in a precarious state and has decided to ground its 747-200F fleet, with -400F for sublease - basically almost get out of the cargo ACMI business.

The 777F sale was indeed dumped at the end of 2007, with no clarity of what might or might not happen with the A330Fs. In an interview it was mentioned they were looking at placing the aircraft with other carriers on dry leases and not to Air Atlanta.



From the desert to the sea, to all of Southern California
User currently offlineKC135TopBoom From United States of America, joined Jan 2005, 12179 posts, RR: 51
Reply 8, posted (6 years 10 months 3 weeks 4 days 8 hours ago) and read 3218 times:



Quoting LAXintl (Reply 7):
Avion at the moment does not know if its coming or going. Air Atlanta stake has been sold, which has left Air Atlanta in a precarious state and has decided to ground its 747-200F fleet, with -400F for sublease - basically almost get out of the cargo ACMI business.

The 777F sale was indeed dumped at the end of 2007, with no clarity of what might or might not happen with the A330Fs. In an interview it was mentioned they were looking at placing the aircraft with other carriers on dry leases and not to Air Atlanta.

Sounds like the A-330Fs need to find a new home, too.


User currently offlineFlying-Tiger From Germany, joined Aug 1999, 4166 posts, RR: 36
Reply 9, posted (6 years 10 months 3 weeks 4 days 7 hours ago) and read 3095 times:



Quoting KC135TopBoom (Reply 8):
Sounds like the A-330Fs need to find a new home, too.

Not for the entire fleet: Icelandair Cargo has signed a long-term lease for four A330-200F from Avion in May 2007.



Flown: A319/320/321,A332/3,A380,AT4,AT7,B732/3/4/5/7/8,B742/4,B762/763,B772,CR2,CR7,ER4,E70,E75,F50/70,M11,L15,S20
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