dutchjet
Posts: 7714
Joined: Sat Oct 14, 2000 6:13 am

UA And The Leased 763s - What Happened?

Mon Jul 25, 2005 2:54 am

A few weeks ago, there was a long discussion about a ruling by the bankruptcy court judge which allowed lessors to take back certain 763ERs that were leased to and operated by UA.

It was a complicated situation, involving 6 or 8 aircraft - it seemed as if UA had decided to return 4 aircraft and was going to attempt to reneogitate the leases or even try to purchase the remaining aircraft.

Does anyone know how this situation was resolved in the end? Did UA in fact return some 763ERs and what is the status of the other 763ERs that were were involved in this situation?
 
FlagshipAZ
Posts: 3192
Joined: Sun Jan 28, 2001 12:40 am

RE: UA And The Leased 763s - What Happened?

Mon Jul 25, 2005 3:48 am

AFAIK, it was 8 767-322ERs involved in this snafu. Toward the end, UA surrendered 4 aircraft back to the lessors, and made an offer to purchase outright the other 4 aircraft. All this at least to my knowledge. Regards.
"Beer is living proof that God loves us and wants us to be happy." --Ben Franklin
 
hoya
Posts: 453
Joined: Wed Jun 23, 2004 2:25 pm

RE: UA And The Leased 763s - What Happened?

Mon Jul 25, 2005 7:17 am

A while back, I started a thread about this. The Financial Times reported that UA would buy 4 aircraft, and return 4 other 767s. However, a UA employee on the thread had information saying that 5 767s were returned, and 4 purchased. The thread ended with confusing information, as no one was sure whether 4 of 5 767s were returned back to the lessors. Here's a link to that thread: http://www.airliners.net/discussions...general_aviation/read.main/2157055

On a related note, I remember reading somewhere that UA's creditors are taking aircraft lessors to the Supreme Court to appeal a decision a lower appellate court made in regard to the lessors monopolizing lease rates for UA (or something like that, basically creditors don't want lessors to 'gang up' against UA and charge high lease rates). Any one have any info on that?
Hoya Saxa!!
 
LAXintl
Posts: 20183
Joined: Wed May 24, 2000 12:12 pm

RE: UA And The Leased 763s - What Happened?

Mon Jul 25, 2005 2:28 pm

At the end of the day, UA shed 6 B767-300ER.

N645UA
N648UA
N650UA
N654UA
N655UA
N656UA

645 was returned prior, however the other 5 were all returned to lessors during late May and June as part of the previosly mentioned court wrangle.

UA's B767-300 fleet currently stands at 31. (17 three-class and 14 two-class)
From the desert to the sea, to all of Southern California
 
commavia
Posts: 9744
Joined: Mon Apr 25, 2005 2:30 am

RE: UA And The Leased 763s - What Happened?

Mon Jul 25, 2005 2:42 pm

Quoting Laxintl (Reply 3):
645 was returned prior, however the other 5 were all returned to lessors during late May and June as part of the previosly mentioned court wrangle.

What impact has this had on their network, schedule and operations? Did UA have to trim flights because of this, or did their schedule planning already accomodate this eventuality?

Quoting Laxintl (Reply 3):
UA's B767-300 fleet currently stands at 31. (17 three-class and 14 two-class)

Do both 3-class and 2-class 763s operate international routes or are the 2-class planes just for Hawaii and domestic? If both configurations fly international, which markets generally see which planes?

Thanks in advance.
 
LAXintl
Posts: 20183
Joined: Wed May 24, 2000 12:12 pm

RE: UA And The Leased 763s - What Happened?

Mon Jul 25, 2005 2:54 pm

The only real impact of the loss of the 763s was the immediate termination of the ORD-EZE route. In addition some domestic legs which were to have been operated with the 3 class aircraft as tag on flights from international trips were subed with other equipment.

The 2 class 763s are strictly for domestic and Hawaii use.
From the desert to the sea, to all of Southern California

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