airtran737
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NW A/C Reposessed In IND?

Fri Oct 07, 2005 4:27 am

I am down here in IND and was just told by a Signature employee that last night a NW 757, and two Airbuses were reposessed. Also he said that another 757 will be reposessed tonight. Can any confirm or deny this statement?

I have also heard that the BAA in IND is holding a TransMeridian Airlines aircraft in its posession due to non-payments.

edited for spelling

[Edited 2005-10-06 21:29:33]
Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
 
Cubsrule
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 5:24 am

Quoting AirTran737 (Thread starter):
I am down here in IND and was just told by a Signature employee that last night a NW 757, and two Airbuses were reposessed. Also he said that another 757 will be reposessed tonight. Can any confirm or deny this statement?

It's only a few weeks into b/k... sounds fishy. Does NW even fly -57s to IND? A DTW turn?
I can't decide whether I miss the tulip or the bowling shoe more
 
airtran737
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 5:27 am

NW flies wuite a few 57's into IND. They have over 50 flights a day out of here.
Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
 
leelaw
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 5:30 am

IMO, any repossession at this stage in the procedings is highly unlikely...would require prior approval and an order by the bankruptcy judge, which certainly would have been widely reported in the media.
Lex Ancilla Justitiae
 
typhaerion
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 5:32 am

Where at in IND were they re-possessed, because I work there too and Ihave not seen any NW 757s lying around today...There is that A319 that was sittin outside their terminal at 5:00 pm yesterday, but it is gone now. And I dont see anything on the ranp infront of the International Terminal....

I guess I would need to see the aircraft before I put any weight on this one.
For some, the sky is the limit. For us, it is only the beginning... -- Jack Hunt
 
Indy
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 5:36 am

Quoting AirTran737 (Reply 2):
They have over 50 flights a day out of here.

Not anymore  Smile

But there is 757 service to DTW and MSP I believe. Or was anyway.
Indy = Indianapolis and not Independence Air
 
JetCity61
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 6:29 am

Here are the current NONSTOP schedules from Indianapolis per the Galileo-Apollo GDS:

IND-DTW | Detroit
NW 1821 M T W T F 608A 817A 319
NW 1006 S M T W T F S 718A 929A 319
NW 3763 S M T W T F S 905A 1123A CRJ
NW 1124 S M T W T 1015A 1225P D95
NW 1784 S 1227P 239P D9S
NW 1784 S M T W T F 1227P 239P D9S
NW 1404 S M T W T F S 136P 347P D9S
NW 3751 S M T W T F 405P 619P CRJ
NW 3751 S 405P 619P CRJ
NW 1014 S M T W T F 535P 749P D9S

IND-MSP | Minneapolis
NW 395 S M T W T F 635A 821A 320
NW 501 S M T W T F 825A 1018A D95
NW 1809 S S 1130A 116P D9S
NW 1809 T W T F 1130A 116P D95
NW 673 S M T W T F S 220P 410P 319
NW 505 S M T W T F S 409P 602P D95
NW 499 S M T W T F 612P 807P D95

IND-MEM| Memphis
NW 1873 S 700A 828A 320
NW 1873 S M T W T F 700A 828A D9S
NW 1875 S M T W T F 1115A 1240P D9S
NW 1877 S M T W T F S 505P 634P D9S

IND-MCO | Orlando
NW 822 S M T W T F S 725A 1040A D9S
NW 824 S M T W T F S 330P 643P 319

IND-FLL | Ft Lauderdale
NW 636 S M T W T F S 950A 137P D9S

IND-RSW | Ft Myers
NW 1228 S M T W T F S 750A 1114A D9S

IND-TPA | Tampa
NW 1076 S M T W T F S 150P 513P D9S

IND-LGA | New York
NW 146 M T W T F 630A 934A D9S
NW 4779 S M T W T F S 750A 1115A CRJ
NW 4777 S M T W T F S 140P 450P CRJ
NW 148 S M T W T F 426P 730P D9S

IND-DCA | Washington DC
NW 4792 M T W T F S 615A 900A CRJ
NW 4790 S M T W T F S 1125A 210P CRJ
NW 1596 S M T W T F 435P 705P D9S

IND-BOS | Boston
NW 4784 M T W T F S 600A 930A CRJ
NW 4786 S M T W T F S 1210P 340P CRJ
NW 4782 S M T W T F 340P 710P CRJ

IND-LAS | Las Vegas
NW 151 S M T W T F S 1002A 1203P 319

IND-LAX | Los Angeles
NW 205 S M T W T F S 705A 935A 319

IND-DFW | Dallas/Ft Worth
NW 2983 S M T W T F S 935A 1155A CRJ
NW 2985 S M T W T 400P 625P CRJ
NW 2987 S M T W T F 805P 1025P CRJ

IND-MCI | Kansas City
NW 4799 S M T W T F S 840A 1015A CRJ
NW 4778 S M T W T F S 220P 355P CRJ
NW 2907 S M T W T F 545P 725P CRJ

IND-PHL | Philadelphia
NW 4794 M T W T F 640A 945A CRJ
NW 4796 S M T W T F S 1020A 125P CRJ
NW 4798 S M T W T F 725P 1035P CRJ

IND-DEN | Denver
NW 1937 S M T W T F 520P 706P 319

IND-BDL | Hartford
NW 4767 M T W T F S 735A 1045A CRJ
NW 4769 S M T W T F S 650P 955P CRJ
 
September11
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 7:57 am

Interesting.. I'd like to know if this is true story... aircraft reposession do not happen very often? I mean did any other airline like AA or UA had their aircraft reposessed?
Airliners.net of the Future
 
burnsie28
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 8:00 am

Quoting AirTran737 (Reply 2):
NW flies wuite a few 57's into IND. They have over 50 flights a day out of here.

Something doesnt sound right, especially since the 757's dont go there, ATA on the other hand might.
 
airtran737
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 8:32 am

I know you are all a bit skeptical on this one, as am I, but last night when I came into IND I saw an NW 757-200 sitting in one of the hangars. It was in the complex that Republic uses. Whether or not this is all true remains to be seen, but more than a couple people who worked the night shift here said that the reposession happened, Boeing took the 757 and some other lease holder took the Airbi. Apparently Signature did the towing for them. I guess we have no way of finding out for sure if this happened unless we have an employee from NW in IND amongst us.
Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
 
Cubsrule
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 8:47 am

Quoting AirTran737 (Reply 9):
Boeing took the 757 and some other lease holder took the Airbi.

So 2 creditors repoed on the same night in Indy of all places? Sounds even more farfetched.
I can't decide whether I miss the tulip or the bowling shoe more
 
September11
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 9:46 am

Quoting Burnsie28 (Reply 8):
Something doesnt sound right, especially since the 757's dont go there, ATA on the other hand might

Yeah, IND isn't popular for 757s... however, I believe America West did use their 757s on IND-PHX/LAS routes.

There are not many Airliners.net photos of 757 taken at IND.. I found two rather rare photos:


View Large View Medium
Click here for bigger photo!

Photo © Aric Thalman
View Large View Medium
Click here for bigger photo!

Photo © Jason Whitebird



United 757 - April 27, 2000
TWA 757 - August 2001
Airliners.net of the Future
 
ContinentalFan
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 10:18 am

Quoting Leelaw (Reply 3):
IMO, any repossession at this stage in the procedings is highly unlikely...would require prior approval and an order by the bankruptcy judge, which certainly would have been widely reported in the media.

Right, the creditors in question would have had to petition for the automatic stay to be lifted as to those planes before they could rightfully repossess them, and that would have certainly made the news.
 
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kc135topboom
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 10:50 am

Quoting AirTran737 (Reply 9):
Boeing took the 757

That just doesn't make sense from a marketing prospective for Boeing, or Airbus if they have any leases with NW. Boeing was not one of the lease companies that wanted to repo the UA aircraft, nor was Airbus.

This early into the NW bankruptcy, I doubt they are very far behind in any of their leased aircraft payments.
 
Gnomon
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 11:17 am

As ContinentalFan said, the BK court imposed an automatic stay when NWA filed its petition. The automatic stay prevents repossession of aircraft collateral by any secured creditor without a court order.

It's highly unlikely that this early in the case, a creditor would move to repossess aircraft. If it did, it would have filed a motion and the media would've been all over that like stink on a pig, as they say.

Remember, too, that creditors truly have an interest in working with NWA to restructure its debt, and they recognize that NWA needs its operational aircraft to complete its restructuring successfully. I suspect that only an ill-advised creditor would seek to repossess collateral as significant as aircraft this early in the bankruptcy, before NWA has had virtually any chance to demonstrate its ability to restructure competently.
 
Indy
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 12:01 pm

In case anyone cares to see it I do have a pic of a NW 757 at IND. Took it earlier this year. Private message me and I'll send you the link to the pic.

Also TZ does or did have 757 service to IND as well. Don't know if US does or not.
Indy = Indianapolis and not Independence Air
 
7e72004
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 12:05 pm

US uses 737s and rjs....i think UA used the 757s on some of the Denver flights before but i don't think they do now
The next generation of aircraft is just around the corner!
 
N1120A
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 1:38 pm

Quoting September11 (Reply 7):
Interesting.. I'd like to know if this is true story... aircraft reposession do not happen very often? I mean did any other airline like AA or UA had their aircraft reposessed?

AA hasn't, but will if one ends up in TLV. UA has had aircraft repo'ed rather recently, particularly 3 763ERs that they had to negotiate to keep
Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
 
gift4tbone
Posts: 570
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 3:56 pm

UA? I did not know they had any a/c repo'd. If theres a link to something that might have the dates and the aircraft that were taken. I'd like to look into that more. Thx

-Tony@PVD
Top 3 airports: PVD 23.9%(138 flights), PHL 14.7%(85 flights), PHX 10.2%(59 flights)
 
ChiGB1973
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 7:34 pm

Quoting Gnomon (Reply 14):
As ContinentalFan said, the BK court imposed an automatic stay when NWA filed its petition. The automatic stay prevents repossession of aircraft collateral by any secured creditor without a court order.

True for 90 days, I think, is the time limit. Maybe returned to lessors. But, I kind of doubt it.

M
 
N801NW
Posts: 558
Joined: Mon Jul 12, 2004 8:56 am

RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 8:30 pm

Today (Friday) is the first hearing on Northwest's motion to reject leases on 13 aircraft and return them to the lessor(s). As has been said earlier, they cannot be repossesed yet.
 
bnatraveler
Posts: 304
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 8:59 pm

According to the BK filing, several planes (including 757s and 319s) that were rejected from lease were said to be stored/located at AAR Aircraft Services (ex UA Indianapolis Maintenance Center) in IND. The lessors probably came and got the ones that were already stored/located at this location as they were rejected from lease in the first filings, not active A or B planes.
 
ultrapig
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 10:48 pm

Section 1110 of the bankrutpcy code give special rights to acraft creditors and creditors but essentially it gives thei lessee (Northwest Here) 60 days to cure defaults that occur pre-bankrutpcy and 30 days for post bankrutpcy defaults. If a creditor suspects that their collateral is in danger of damage or loss it can go to the court for earlier action. Bottom line-absent a surrender of equipment or court order there was no repo man at the airport.
 
quickmover
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RE: NW A/C Reposessed In IND?

Fri Oct 07, 2005 10:54 pm

Does anyone know why that TWA 757 is unloading via airstairs instead of a jetway?
 
Tornado82
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 12:12 am

Quoting N801NW (Reply 20):
Today (Friday) is the first hearing on Northwest's motion to reject leases on 13 aircraft and return them to the lessor(s). As has been said earlier, they cannot be repossesed yet.



Quoting Gnomon (Reply 14):
As ContinentalFan said, the BK court imposed an automatic stay when NWA filed its petition. The automatic stay prevents repossession of aircraft collateral by any secured creditor without a court order.



Quoting Cubsrule (Reply 10):

So 2 creditors repoed on the same night in Indy of all places? Sounds even more farfetched.

Let's look at this logically folks. That following morning were there several cancelled NW flights out of IND? OR, were there several ferry flights showing up on the flight trackers? If RON-ing planes disappeared overnight, there would have been consequences. NW doesnt pigeon hole planes at IND for the fun of it. If there had been a plurality of repos as these rumors state going on, there would have been flights to replace that repoed lift... or flights cancelled. So, think about it that way, folks. If not it sounds like just a way to get the letters "IND" in the active threads of A.net again, it's been awhile since you all got to put on your skirts and shake your pom poms.  Wink
 
dl757md
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 12:29 am

Quoting Quickmover (Reply 23):
Does anyone know why that TWA 757 is unloading via airstairs instead of a jetway?

Looks like a charter to me. It's not uncommon for charters to emplane/deplane on remote areas of the ramp for the privacy/security of the customers.

Anybody know the significance of the banner in the lower right corner of the picture reading "It all comes down to this"? I can't make out the logo on it. The event it is advertising could be what is drawing a 757 charter to INDY.

Dl757Md
757 Most beautiful airliner in the sky!
 
LV
Posts: 1546
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 12:38 am

Anybody know the significance of the banner in the lower right corner of the picture reading "It all comes down to this"? I can't make out the logo on it. The event it is advertising could be what is drawing a 757 charter to INDY.

Yeah, it's for the Final Four. Where that banner is located is along a ramp you drive up to drop people off at the check in counters near Concourse A.
 
quickmover
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 12:41 am

A little off subject, but is that TWA 757 one beautiful jet or what?
 
ILSApproach
Posts: 398
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 1:29 am

The 757 is a great looking aircraft period..................and one of the most successful I might add, as well as one of the safest ever!! Not fond of NWA............but love their 753's over my house on finals!!!!

Mike @ MSP
 
Indy
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 2:06 am

Quoting Tornado82 (Reply 24):
If not it sounds like just a way to get the letters "IND" in the active threads of A.net again, it's been awhile since you all got to put on your skirts and shake your pom poms.

I smell a good "AirTran @ IND" topic coming up. lol. Just for you  Smile
Indy = Indianapolis and not Independence Air
 
stlgph
Posts: 8929
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 2:14 am

Quoting JetCity61 (Reply 6):
Here are the current NONSTOP schedules from Indianapolis per the Galileo-Apollo GDS:

interesting. i know that NWA ran a few 757's out of Indy and into Minneapolis St. Paul (morning) and into Detroit (mid afternoon) during the spring/summer travel time. there were a few times they subbed them in there in place of the Airbuses.

Quoting Quickmover (Reply 27):
A little off subject, but is that TWA 757 one beautiful jet or what?

yes!

Quoting Quickmover (Reply 23):
Does anyone know why that TWA 757 is unloading via airstairs instead of a jetway?

yes, i believe it was for the final four. i was ironically at IND that day flying to Phoenix and remember seeing it out there... while i was boarding at the gate. i flew the TWA 757's a few times out of IND into STL. flights were full and it was a great short little hop.
if assumptions could fly, airliners.net would be the world's busiest airport
 
Indy
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 2:16 am

I always thought that the TWA 757 that flew to IND looked cool especially with the darker color scheme.
Indy = Indianapolis and not Independence Air
 
Tornado82
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 2:24 am

Quoting Indy (Reply 29):
I smell a good "AirTran @ IND" topic coming up. lol. Just for you

Hahaha. I heard AirTran, B6, and WN, NW are gonna compete on a RDU-IND run, and they all contracted with NW to do maintenance in IND by non-union NWA Scab Mechanics, and they're gonna fly that route 10x daily. And that NW is going to announce their DC-9 replacement in IND, the A380 (so they can fly even more empty seats to every pisspoor load town in the Midwest, while ABE gets downgraded to a Saab) That ought to bring out all the cheerleaders of A.net!!!
 
Indy
Posts: 3898
Joined: Thu Jan 20, 2005 1:37 pm

RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 2:29 am

Yeah.. I can see the headlines now...

"NW launches widebody service between IND & RDU"

lol

"NW begins A380 saturday only service between IND & AMS"

or better yet...

"Virgin Atlantic opens U.S. hub @ IND"

Threads you'd tend to see on April 1st.
Indy = Indianapolis and not Independence Air
 
aaflt1871
Posts: 2166
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 3:51 am

Quoting Quickmover (Reply 27):
A little off subject, but is that TWA 757 one beautiful jet or what?

I was thinking the same thing

Quoting Ilsapproach (Reply 28):
The 757 is a great looking aircraft period..................

 checkmark  checkmark  checkmark 

Quoting N1120A (Reply 17):
AA hasn't, but will if one ends up in TLV.

Why is that?
Where did everybody go?
 
airplane
Posts: 239
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 4:06 am

Excuse me, but as far as Im concerned, when an airline is on chapter 11, no one can reposes anything.
Please correct me if I am wrong.

JP
The sky´s the limit
 
XFSUgimpLB41X
Posts: 3960
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RE: NW A/C Reposessed In IND?

Sat Oct 08, 2005 12:13 pm

There are 3 757's parked in IND.... 2 have their engines off. They are to the west of 23R just to the north of the hangar where all the new EMB-170's are.
Chicks dig winglets.
 
Unicorn
Posts: 101
Joined: Mon Nov 24, 2003 6:57 am

RE: NW A/C Reposessed In IND?

Sun Oct 09, 2005 7:52 am

Under US Bankruptcy Protection laws aircraft are safe from repossession for 60 days (which can be extended by the courts).

However, during that period the airline is usually trying to force the owners of the aircraft to accept lower lease rates and such.

The airline can also reject aircraft during the period, basically saying we don't want it, come and take it away, it's at XYZ airport.

While it is relatively early in the process, these aircraft could have been rejected because;

a. the owners refused to accept the airline's demands, or

b. because the airline made an example of them to other owners / lessors. (Cough up the rates we want or this will happen to you)

I don't suppose there are rego numbers for these aircraft are available, that would tell us who owned them, which is a first step.

Unicorn
 
nwajetset
Posts: 137
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RE: NW A/C Reposessed In IND?

Sun Oct 09, 2005 3:31 pm

Wasn't there a recent press release regarding this topic? I can't place it, but it seems to me that a week or so ago, there was mention of NWA "giving back" quite a few 75's. Does this sound familiar to anyone? I'll see if I can find relevant link.

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