CX747
Topic Author
Posts: 5691
Joined: Tue May 18, 1999 2:54 am

Italy's F-16s?

Tue Jan 04, 2005 2:57 am

Has Italy received its full compliment of F-16s yet? Also, how long is the lease for?
"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower
 
dl021
Posts: 10836
Joined: Fri May 21, 2004 12:04 pm

RE: Italy's F-16s?

Tue Jan 04, 2005 5:42 am

Italy's last F-16 rolled out of the paintshop at Hill AFB for delivery last month on the 16th. The lease is set up for 10 years but will have to last until the Typhoon comes on line and provides Italy with a new A/S fighter.
Is my Pan Am ticket to the moon still good?
 
iakobos
Posts: 3255
Joined: Wed Aug 06, 2003 6:22 pm

RE: Italy's F-16s?

Tue Jan 04, 2005 1:41 pm

Are they on wet or dry lease ?  Big grin
 
dl021
Posts: 10836
Joined: Fri May 21, 2004 12:04 pm

RE: Italy's F-16s?

Wed Jan 05, 2005 12:21 am

lol...I think it's an open ended lease allowing 10,000 miles per year and has a end of term residual value somewhere around 56% of the MSRP. (that's pretty funny if you know about US auto leasing, Iakobos  Laugh out loud)
Is my Pan Am ticket to the moon still good?

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