SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 3:41 am

UPDATE 1-Israel's Arkia near deal to buy 4 Boeing 787s


Mon May 15, 2006 12:49 PM ET

(Adds comments from chairman)

By Steven Scheer

JERUSALEM, May 15 (Reuters) - Israel's Arkia Airlines said it was in advanced talks to buy four Boeing (BA.N: Quote, Profile, Research) 787 Dreamliner aircraft as part of its strategy to expand service to North America and Asia.

Arkia, a privately held small carrier that flies domestic routes and to some European destinations, said on Monday it was looking to make the deal in two stages by buying two 300-seat 787s -- Boeing's newest plane -- for $280 million with an option for two more.

More information, including their network expansion, at Yahoo / Reuters

© Reuters 2006. All Rights Reserved.
Anyone can fly, only the best Soar.
 
amirs
Posts: 1184
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RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 5:05 am

Arkia negotiating to buy 4 Boeing Dreamliners, Arkia will apply for designated carrier status for routes to the US, Europe and Asia.
Dalia Tal 15 May 06 15:10
Israeli carrier Arkia Airlines Ltd. is in talks to buy four Boeing 787 Dreamliner aircraft for $280 million. Under the proposed agreement, Arkia will initially buy two aircraft with an option to buy two more.
The first two aircraft are due to be delivered in 2008.
Arkia's plan to buy the aircraft runs contrary to the accepted practice in the aviation market, which usually opts for leasing arrangements. The agreement will be signed by Arkia managers and the Nakash group during a visit to Boeing (NYSE: BA) at the end of this month.

Arkia will continue, in the meantime, to expand its destination range in 2007 and will acquire a fleet of wide-bodied aircraft under a leasing agreement for this purpose. There is currently a shortage of aircraft worldwide, due to the halt in orders by airlines in the aftermath of the September 11, 2001 terror attacks.

Arkia owner Avi Nakash said the acquisition represented an important stage in the airline's strategy to become the leader in Israel's aviation market and integrate into the global market. He added that the acquisition of the new aircraft paved the way for Arkia to apply for designated carrier status for routes to the US, Europe and Asia. Arkia currently operates as a charter company, primarily on European routes.

The Boeing 787 is the company's most advanced model wide-bodied aircraft. It has a seating capacity of 300, 36 in the business class section and 262 tourist class seats. The aircraft is designed for long-distance flights to destinations as the US West coast, Japan, South America and others. It is also considered economical for use on medium-distance routes in Europe, Africa and West Asia.

Arkia's current fleet consists of two Boeing 757 300 aircraft, a Boeing 757 200, four ATR 72-500 aircraft and five De Havilland Dash 7 aircraft.
 
worldxplorer
Posts: 360
Joined: Mon Feb 14, 2005 11:12 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 6:09 am

Quoting Amirs (Reply 1):
The first two aircraft are due to be delivered in 2008.

I wonder where these slots came from. I thought 2008 had no more 787 slots left.

WorldXplorer
 
FCKC
Posts: 1630
Joined: Sun Nov 21, 2004 9:39 pm

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 6:26 am

Read on another thread , Israir would like to buy 2 787s.
Funny if only El Al do not buy the 787 !!!
 
LY777
Posts: 2269
Joined: Fri Nov 25, 2005 6:58 pm

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 6:38 am

I think LY will soon follow...
Flown:A3B2,A320,A321,A332,A343,A388,717,727,732,734,735,738,73W,742/744/748,752,762/2ER/763/3ER,772/77E/773/77W,D8,D10,L
 
amirs
Posts: 1184
Joined: Fri Dec 05, 2003 7:20 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 6:40 am

Quoting WorldXplorer (Reply 2):
wonder where these slots came from. I thought 2008 had no more 787 slots left.

That might be a mistake.
 
boeingguy1
Posts: 395
Joined: Mon Jan 02, 2006 4:31 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 6:41 am

Hey guys,

Is Arkair the same airline in which a fellow a.netter said his family was purcasing? I think so... has he popped in to say hello or was his post just a fib?
Gatwick South! Id rather crash in Brighton!
 
flyprivate
Posts: 96
Joined: Tue Aug 24, 2004 5:36 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B

Tue May 16, 2006 7:06 am

Quoting Boeingguy1 (Reply 6):
Hey guys,

Is Arkair the same airline in which a fellow a.netter said his family was purcasing? I think so... has he popped in to say hello or was his post just a fib?

that would be me. the release is somewhat correct..hopefully more good news to follow. the purpose of buying the airline, was to expand, so new aircraft are definately a part of that equation

p.s its Arkia
 
worldxplorer
Posts: 360
Joined: Mon Feb 14, 2005 11:12 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 7:22 am

Quoting FlyPrivate (Reply 7):
the release is somewhat correct.

Should I interpret that also meaning "Somewhat incorrect"? Can you shed any light on that? Do you know, are 2008 slots that are mentioned correct?

WorldXplorer
 
flyprivate
Posts: 96
Joined: Tue Aug 24, 2004 5:36 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 9:20 am

Quoting Amirs (Reply 1):
The agreement will be signed by Arkia managers and the Nakash group during a visit to Boeing (NYSE: BA) at the end of this month.

ill give you more info afer this visit
 
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PanAm_DC10
Crew
Posts: 3799
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RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 6:41 pm

Quoting WorldXplorer (Reply 8):
Do you know, are 2008 slots that are mentioned correct?

Despite what is written in the first post I believe the reference to 2008 is when the 787 model is to first enter service. Arkia shall commence delivery in 2012

Israeli carrier Arkia Airlines Ltd. is in talks to buy four Boeing 787 Dreamliner aircraft for $280 million. Under the proposed agreement, Arkia will initially buy two aircraft with an option to buy two more.

The Dreamliner aircraft is due begin flying commercially in 2008. Deliveries to Arkia are expected to begin in 2012, but Boeing said it would make every effort to bring delivery forward.


http://www.globes.co.il/serveen/glob...ocView.asp?did=1000091811&fid=1725

Regards, PanAm_DC10
Ask the impossible to achieve the best possible
 
flyprivate
Posts: 96
Joined: Tue Aug 24, 2004 5:36 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Tue May 16, 2006 11:13 pm

Quoting PanAm_DC10 (Reply 10):
Despite what is written in the first post I believe the reference to 2008 is when the 787 model is to first enter service. Arkia shall commence delivery in 2012

That sounds more like it.
 
tzadik
Posts: 99
Joined: Tue Dec 06, 2005 2:08 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Wed May 17, 2006 3:38 am

wonder what they're gonna pick up in the meantime... perhaps a 767?
 
flyprivate
Posts: 96
Joined: Tue Aug 24, 2004 5:36 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Wed May 17, 2006 10:51 am

u

Quoting Tzadik (Reply 12):
wonder what they're gonna pick up in the meantime... perhaps a 767?

anyone in the airline industry can tell you, there are ZERO widebodies available on todays market..UA has some 767-200;s floating around, but none that have any real range
 
Lokey123
Posts: 121
Joined: Mon May 08, 2006 6:59 am

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Wed May 17, 2006 12:04 pm

Quoting PanAm_DC10 (Reply 10):
Israeli carrier Arkia Airlines Ltd. is in talks to buy four Boeing 787 Dreamliner aircraft for $280 million. Under the proposed agreement, Arkia will initially buy two aircraft with an option to buy two more.

280 in base dollars is a really sweet deal, if it is true. can anyone confirm where these numbers are coming from?
 
cainanuk
Posts: 455
Joined: Wed Apr 24, 2002 4:05 pm

RE: Arkia Airlines (of Israel) In Talks To Buy 4 B787s

Sun May 21, 2006 7:28 am

Holy shiznit! No mention of SQ, Star Alliance or Kris Bloody Flyer!! I am floored!!
Cainan Cornelius

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