airmale
Posts: 7125
Joined: Fri Sep 17, 2004 4:48 pm

PIA Dont Own 743 Engines?

Wed May 21, 2003 4:52 pm

I just read in a letter in the papers that PK are paying Cathay Pacific 8500 U.S dollars per aircraft under FHA(Flight Hourly Agreement) for the engines on the six 743 becuase they still belong to CX, i.e PIA own the fuselage only, is that a first in aviation?

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[Edited 2003-05-21 09:56:47]
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AJ
Posts: 2295
Joined: Wed Nov 03, 1999 3:54 pm

RE: PIA Dont Own 743 Engines?

Wed May 21, 2003 5:04 pm

No, it's very common for lease engines to be used on a company's aircraft. Some engines are leased from the manufacturer, others from other airlines or leasing companies.

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