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Cargolux Update Selling 744F's & Awaiting The 748F  
User currently offlineLuxair From Netherlands, joined Jan 2001, 853 posts, RR: 2
Posted (5 years 3 months 2 weeks 3 days 15 hours ago) and read 6265 times:

Here a little update concerning Cargolux regarding the 748F. This articel was published in the Luxemburger Wort this week by Andreas Holpert (Luxemburgish Newspaper)
Sorry if spelling mistakes are found. The text was translated from German into English.


Historical moment Friday at the airport Findel. For the last time the airplane with the original call sign "LX-FCV" received permission for Takeoff. The special in it: It concerned the freight jumbo jet of the type Boeing 747-400F of the Cargolux which the airline had generally started running 16 years ago worldwide as the first Airline. Now new owner is the international Parcel Service UPS.
It was on the 18th November, 1993, shortly after 9.20 o'clock when first from three ordered freight jumbo jets of the type 747-400F landed in Luxembourg Findel Airport. The machine – a developed model of 747-200 of the American airplane manufacturer Boeing – on her maiden flight with in the Grand Duchy which wrote industrial history with the application of the model brought 116 metric tons of load. In the afternoon the aircraft with 108 metric tons of freight started for the first revenue flight to New York.
On Friday it was likewise shortly after 9 o'clock as which, in the meantime, 16 year-old machine, 82 700 flight hours on the hump, took off for the last time from Findel Airport. Now, however, instead of the call sign "LX-FCV" and „ city of Luxembourg “, as the airplane was christened in 1993, „ N 581 UP “ in the rear of the jumbo jet is resplendent only. Nothing is to be seen by the stroke of the Cargolux. "N" stands for North America and "UP" for the US-parcel service.
The " city of Luxembourg “ was prepared during the last weeks and months in the new hangar of the Cargolux maintenance not only externally for the new owner. After a so-called "Handover" check – an examination of the airplane together with the customer – it has also got his new American licensing. Indeed, the machine was the worldwide first ones which was put into operation by an Airline.The first built airplane of the type B747-400F came a few weeks later to Luxembourg. At that time the jumbo jet with the call sign "LX-ICV" should be taken over, actually, from Air France. However, the French Airline withdrew from the business and Cargolux received the aircraft which was stored for some weeks in the desert. In three weeks it should be likewise handed on to UPS.
The business with UPS had threaded Cargolux already in 2007. The US society bought immediately three machines from the 747 400 fleet and protected itself an option on the fourth airplane of the popular model. Nevertheless, the delivery was planned only for 2009 and 2010, just as the payment. The extraordinary proceed from the retail price above which the contracting partners have agreed on silence might not intrude in view of the dramatic losses in the aerial freight business. The first „ city of Luxembourg “ was a Boeing 747-200 which reached in Luxembourg 1st February, 1979.
With the introduction B747-400F in 1993 sucess was guaranteed for Cargolux. The pure freight machine offered a higher pay load and bigger reach with more favorable consumption values compared with the predecessor's model.Cargolux has started running 16 machines of this type during the past 16 years. Next year the Luxemburg freight airline will write industrial history once more if it starts running the first machine of the succession model B-747-8F as a first customer.
In spite of a sphere difficult nowadays in the aerial freight business Cargolux with it does a jump forwards once more. The new airplane can take up more load in comparison to 747-400F and fly on with lower consumption.
New aircraft comes after the summer, 2010
Until 747-8F lands in Luxembourg, one more year will pass. The first machine should roll out at the end of September from the work hall, be refuelled splashed and. „ She is ready to 95 percent “, explained Monday Yahayavi, vice-president and general manager of the 747 program of Boeing, in a conversation with the Luxemburger Wort (Luxemburgish Newspaper). Machine 2 are ready to 75 percent or 60 percent. The first three airplanes – are delivered all together were ordered 105 – are used for extensive test purposes and after different modifications at a later time.
„ Seven months there last the tests and the flight check of US-aviation authority FAA “, explained Yahayavi. The first commercially used freight jumbo jet – number four in the class – will hand over to Cargolux. The airplane would be finished to 47 percent.


Marvin Lee Cooper
14 replies: All unread, jump to last
 
User currently offlineStitch From United States of America, joined Jul 2005, 31420 posts, RR: 85
Reply 1, posted (5 years 3 months 2 weeks 3 days 15 hours ago) and read 6258 times:
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Just more proof that even in a bum market, new equipment offering more efficiency and performance are desired because they not only improve your business now, they position you to take advantage of the inevitable bounce and maximize your advantage over competitors.  yes 

User currently onlineMaverickM11 From United States of America, joined Apr 2000, 17824 posts, RR: 46
Reply 2, posted (5 years 3 months 2 weeks 3 days 15 hours ago) and read 6239 times:

On a tangential note--what does Luxair's hub schedule look like in short? Do they have a wave coming in and then going out at a certain time?


E pur si muove -Galileo
User currently offlineBoeingfever777 From United States of America, joined Jul 2009, 409 posts, RR: 53
Reply 3, posted (5 years 3 months 2 weeks 3 days 15 hours ago) and read 6207 times:

Why would CV sell aircraft that are so new to their fleet? Does not makes sense.

Deliveries August 1999 through August 2009
Customer Name Country Region Model Engine Delivery Date Total
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 29-Sep-1999 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 23-Nov-1999 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 06-Aug-2001 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 22-Aug-2002 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 22-Apr-2004 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 23-Nov-2005 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 06-Aug-2007 1
Cargolux Airlines LUXEMBOURG Europe 747-400F RR 21-Jul-2008 1

A totat of (8) 744F are less than ten years old in their fleet.



Faire du ciel le plus bel endroit de la terre.
User currently offlineStitch From United States of America, joined Jul 2005, 31420 posts, RR: 85
Reply 4, posted (5 years 3 months 2 weeks 3 days 15 hours ago) and read 6184 times:
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Quoting Boeingfever777 (Reply 3):
Why would CV sell aircraft that are so new to their fleet? Does not makes sense.

The article above notes that they received their first 747-400F in 1993, so it's possible, if not probable, that it is these older frames that are being shuffled off to make room for 747-8Fs.


User currently offlineBoeingfever777 From United States of America, joined Jul 2009, 409 posts, RR: 53
Reply 5, posted (5 years 3 months 2 weeks 3 days 14 hours ago) and read 6048 times:



Quoting Stitch (Reply 4):

Thanks Stitch, makes sense since I believe their first order was for (3) 748F.



Faire du ciel le plus bel endroit de la terre.
User currently offline413x3 From United States of America, joined Jul 2008, 1983 posts, RR: 0
Reply 6, posted (5 years 3 months 2 weeks 3 days 13 hours ago) and read 5930 times:

I applaud Cargolux in their forward thinking, unlike most freight companies who hang onto ancient relics that gulp fuel, CV is spending more money now for higher future returns.

User currently offlinePanAm_DC10 From Australia, joined Aug 2000, 4217 posts, RR: 89
Reply 7, posted (5 years 3 months 2 weeks 3 days 1 hour ago) and read 5495 times:
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COMMUNITY MANAGER



Quoting Boeingfever777 (Reply 5):
makes sense since I believe their first order was for (3) 748F.

To clarify. The 3 you reference were an add on order placed by CV on March 20, 2007. Cargolux were the launch customer for the 748-F with an initial order for 10 firm + 8 purchase rights booked on November 15, 2005. source

Regards



Ask the impossible to achieve the best possible
User currently offlineAirbusA6 From United Kingdom, joined Apr 2005, 2037 posts, RR: 0
Reply 8, posted (5 years 3 months 2 weeks 3 days ago) and read 5450 times:



Quoting Stitch (Reply 1):
Just more proof that even in a bum market, new equipment offering more efficiency and performance are desired because they not only improve your business now, they position you to take advantage of the inevitable bounce and maximize your advantage over competitors.

Providing you can get a decent price for your existing planes of course, if nobody wants to buy secondhand 744Fs at the moment, then giving them away for a song doesn't make much sense...



it's the bus to stansted (now renamed national express a4 to ruin my username)
User currently offlineStitch From United States of America, joined Jul 2005, 31420 posts, RR: 85
Reply 9, posted (5 years 3 months 2 weeks 2 days 22 hours ago) and read 5263 times:
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Quoting AirbusA6 (Reply 8):
Providing you can get a decent price for your existing planes of course, if nobody wants to buy secondhand 744Fs at the moment, then giving them away for a song doesn't make much sense...

Then you just park them until the market rebounds and their value increases. Plenty of carriers are doing that now to make way for newer and more efficient types (be they 744BCFs being replaced with 744Fs or 744Fs being replace with 748Fs).


User currently offlineFlylku From United States of America, joined Apr 2006, 829 posts, RR: 0
Reply 10, posted (5 years 3 months 2 weeks 2 days 16 hours ago) and read 3713 times:

Quoting Stitch (Reply 9):
Then you just park them until the market rebounds and their value increases.

True although that is not without some expense. The Wall Street Journal had an article on this topic and indicated it costs 60k USD per month to park a jumbo in the desert. Still, if you are losing money operating an aircraft it could easily exceed more than 60k per month.

[Edited 2009-09-07 13:40:30]


...are we there yet?
User currently offlineStitch From United States of America, joined Jul 2005, 31420 posts, RR: 85
Reply 11, posted (5 years 3 months 2 weeks 2 days 16 hours ago) and read 3675 times:
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Yup. Operators don't park planes on a whim. They crunch the numbers and weigh the options and right now, for many of them, staying with a core fleet of "the latest and greatest" makes the proper financial sense after factoring in payments, fuel costs, revenue projections, maintenance, etc.

User currently offline413x3 From United States of America, joined Jul 2008, 1983 posts, RR: 0
Reply 12, posted (5 years 3 months 2 weeks 2 days 15 hours ago) and read 3450 times:

I thought it was mainly just the converted freighters without the handy front nose cargo door that were being parked? I guess UPS is doing very well and can't wait to get more. Any new Cargolux routes? I notice they fly down to Australia from LAX now? Any routes being stopped?

User currently offlineSokol From United States of America, joined Apr 2001, 284 posts, RR: 3
Reply 13, posted (5 years 3 months 2 weeks 2 days 10 hours ago) and read 3187 times:

Four of them will be for UPS, two B744Fs this year 2009 (N580UP, N581UP) and two more next year 2010 (N582UP and N583UP) from Cargolux. http://www.pressroom.ups.com/Fact+Sh...ets/ci.UPS+747-400+Freighter.print

User currently offlinePellegrine From United States of America, joined Mar 2007, 2495 posts, RR: 8
Reply 14, posted (5 years 3 months 2 weeks 2 days 4 hours ago) and read 3058 times:



Quoting Flylku (Reply 10):
True although that is not without some expense. The Wall Street Journal had an article on this topic and indicated it costs 60k USD per month to park a jumbo in the desert. Still, if you are losing money operating an aircraft it could easily exceed more than 60k per month.

I had no idea it was THAT much. Indeed, a jumbo with a lackluster load on a long-haul could lose more than 60k per flight!



oh boy!!!
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