Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Thai Will Take Over The Last B 744s  
User currently offlineN14AZ From Germany, joined Feb 2007, 2707 posts, RR: 25
Posted (5 years 1 month 2 weeks 4 days 9 hours ago) and read 7531 times:

I read that the two last B 747-400 ERFs, initially foressen for Load Air Cargo from Kuwait, will be taken over by Thai Airways.

Link - unfortunately in German: http://www.airliners.de/nachrichten/...ys-erhaelt-jubilaeums-airbus/18704

This would be the first freighter for TG after 15 years.
http://www.flickr.com/photos/mitrebuad/3639681779/

Best regards
N14AZ

8 replies: All unread, jump to last
 
User currently offlineAA737-823 From United States of America, joined Mar 2000, 5814 posts, RR: 11
Reply 1, posted (5 years 1 month 2 weeks 4 days 7 hours ago) and read 7129 times:

What!?!? In this horrible global recession, with carriers either shutting down their dedicated freighter fleets (DL/NW) or parking 74F's in Arizona (SQ, CX, et al), why would Thai suddenly think it's a good idea to take these burdensome airplanes!!?
They could have bought twenty 747-400F's (albeit not -ER's) out of the desert!


User currently offlineNA From Germany, joined Dec 1999, 10733 posts, RR: 9
Reply 2, posted (5 years 1 month 2 weeks 4 days 7 hours ago) and read 7092 times:

Wow. Good news. Better than having those two great aircraft riding out the crisis in the desert.

Quoting AA737-823 (Reply 1):
They could have bought twenty 747-400F's (albeit not -ER's) out of the desert!

All parked 744Fs except the two now snapped up by Thai are not up for sale, they are parked temporarily by their owners. CI for instance has returned one of their two or three parked 744Fs to servive. Also CX has alraedy recalled one 744BCF.


User currently offlineBA319-131 From United Kingdom, joined Jan 2001, 8541 posts, RR: 54
Reply 3, posted (5 years 1 month 2 weeks 4 days 6 hours ago) and read 6936 times:
Support Airliners.net - become a First Class Member!

Interesting move, especially in the current climate - I assume they got a good deal and have a game plan!?

It worries me this will be another loss making exercise!



111,732,3,4,5,7,8,BBJ,741,742,743,744,752,762,763,764,772,77L,773,77W,L15,D10,30,40,AB3,AB6,A312.313,319,320,321,332,333
User currently offlineLAXintl From United States of America, joined May 2000, 25356 posts, RR: 49
Reply 4, posted (5 years 1 month 2 weeks 4 days 6 hours ago) and read 6782 times:

Thai Airways announced their intention to get some 744F several months ago, and has been on the market shopping around including possible ACMI ops.

Here is a story from a month back

Quote:
Thai Cargo rebuilds freighter fleet

Speaking to Payload Asia on the sidelines of the Federation of Asia Pacific Air-cargo Association’s (FAPAA) 36th Executive Council Meeting and AGM in Bangkok last month, Thai Cargo’s managing director Cargo & Mail Commercial Department, Pruet Boobphakam said the carrier had signed leases for two B747-400ELR freighters which will be in operation before the end of the year.

These two freighters are only a stepping stone however, as Boobphakam said they will be replaced by two leased B777-200 freighters with the first coming online in February with a second in March or April. Another two B777Fs will join the fleet from later in the year, he added.

Three initial routes are being eyed by Thai, including: Bangkok-New Delhi- Europe; Bangkok-Shanghai-US; and Bangkok-Jakarta-Australia.

http://www.payloadasia.com/article-3...gorebuildsfreighterfleet-asia.html

From what I gather, part of the timing is Thailand's governments long standing wish to have better control of export airfreight, which has been very reliant on foreign carriers which has been made worse as others have reduced capacity this year.



From the desert to the sea, to all of Southern California
User currently offlineCFBFrame From United States of America, joined May 2009, 531 posts, RR: 3
Reply 5, posted (5 years 1 month 2 weeks 3 days 10 hours ago) and read 4677 times:

So are they taking the 2 China Southern 777F parked in the desert as well?

For some of the more knowledgeable leasing folks, why would Boeing grant a short term lease on a new a/c? Markets always turnaround, and making a decision that might impact the ability to place the a/c long term seems very short sighted. The planes have been sitting for this long, why not go for another 6-12 months?


User currently offlineNQYGuy From , joined Dec 1969, posts, RR:
Reply 6, posted (5 years 1 month 2 weeks 3 days 10 hours ago) and read 4525 times:

Lets also remind ourselves that the recession won't be around forever. Likely, someone at TG has gotten these aircraft at a good rate- therefore they'll pay for themselves quickly when the markets pick up.

User currently offlineStitch From United States of America, joined Jul 2005, 30978 posts, RR: 86
Reply 7, posted (5 years 1 month 2 weeks 3 days 10 hours ago) and read 4494 times:
Support Airliners.net - become a First Class Member!



Quoting CFBFrame (Reply 5):
For some of the more knowledgeable leasing folks, why would Boeing grant a short term lease on a new a/c?

Does Boeing actually own these planes? I would expect it's the creditors of Load Air who are holding the paper and paying Boeing to let (at least one, I believe) stay at PAE. And since they're not making any money from the plane sitting parked, if TG wants to lease them, more power to them.

Also, any future lessor/owner is not likely going to want to take immediate delivery (as in days/weeks), so whomever is leasing the planes to TG can continue to talk to other operators about a later-term lease when TG's comes up (assuming TG doesn't extend the lease).


User currently offlineMSPNWA From United States of America, joined Apr 2009, 1944 posts, RR: 2
Reply 8, posted (5 years 1 month 2 weeks 3 days 10 hours ago) and read 4293 times:

More 747s in TG colors is fine with me!

But on the business side, even though the current freight economy is hurting, now might be the best time to buy aircraft. Seems like this whole situation with Load Air meant a good opportunity for Thai. Hope it works for them.


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...
Who Will Take Over The Swiss Routes? posted Wed Feb 26 2003 10:48:15 by 717fan
Who Will Take Over The Charlotte Hub If US Folds? posted Thu May 30 2002 18:50:05 by Beechbarron
Ramp Stations That Will Take Over DL Ramp Contract posted Fri Oct 17 2008 17:26:53 by BinMonster
When Will UA Retire The Last 737? posted Mon Jun 16 2008 14:27:01 by N104UA
Who Will Take Over LAX-KIX? posted Fri May 12 2006 01:34:51 by UALAX
747SP- what will happen to the last European one? posted Wed Dec 10 2003 13:42:40 by 747SPA330MD11
LH Will Take Over Majority In Air Dolomiti posted Thu Mar 6 2003 18:59:54 by Racko
Who Will Take Over At Mci? posted Mon Aug 5 2002 05:22:06 by Jcxp15
Are JMC Trying To Take Over The World? posted Wed Aug 9 2000 23:06:36 by G-BEAK
When Will The Last 747-400 Leave Everett? posted Thu Jun 25 2009 13:01:20 by N471wn