xaapb
Posts: 367
Joined: Sat Jan 22, 2005 2:08 pm

Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 8:52 am

Hi,
Just read in a Mexican aviation forum that a 737 from Azteca Airlines was confiscate in Ontario Airport, according to the Mexican forum the airline has a debt of 24 million dollars. Can anyone confirm this?
Here is the link to the forum (in spanish)http://fsmex.com/foros/viewtopic.php?t=13042
Cheers.
Jorge Meneses
 
wedgetail737
Posts: 3638
Joined: Mon Aug 04, 2003 8:44 am

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 11:35 am

Confiscated? Do you mean repossessed? With a $24 million debt, it doesn't surprise me. It sounds like the beginning of the end of Azteca. It sad to observe that.
 
as739x
Posts: 5001
Joined: Tue Apr 15, 2003 7:23 am

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 11:53 am

We heard the same rumor over here at LAX.

ASLAX
"Some pilots avoid storm cells and some play connect the dots!"
 
ghost77
Posts: 4461
Joined: Wed Mar 01, 2000 2:07 pm

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 1:51 pm

Very unfortunately, this is true. XA-AEQ has been repossessed today at ONT. Out from the 9 planes in fleet, 3 are on ground due to mx issues and they had 6 active now just 5 and one more that needs to enter mx next January 2007. Cancellation of flights are to follow with this plane less in fleet, ironically, loads are really high these days, they have very good sales and loads. But something is wrong, its staff its also leaving to other airlines. If it isn't money laundry and a legal company, they will probably go bite the dust very soon as they have a 75M usd debt in assets and liabilities. Its like a little RG.


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ghost77 APM
Ricardo Morales - flyAPM - ¡No es que maneje rapido, solo estoy volando lento!
 
N405MX
Posts: 1156
Joined: Sat May 01, 2004 1:46 pm

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 2:39 pm

Quoting Ghost77 (Reply 3):
ironically, loads are really high these days, they have very good sales and loads. But something is wrong, its staff its also leaving to other airlines.

Almost their entire MTY staff -Ops, gate agents, sales agents- are now enroled with Viva.

Let´s see tomorrow with the looong weekend how they do.

Saludos
Life is what happens when you have other plans.....
 
mjt909
Posts: 32
Joined: Thu Nov 17, 2005 2:26 am

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 4:04 pm

That's ghetto! It's too bad, I've been on this airline and they have great service.

So what happened to the pax on the outbound flight? Does ZE accomodate them on a different airline?

What's going to happen to this plane?
 
wedgetail737
Posts: 3638
Joined: Mon Aug 04, 2003 8:44 am

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 10:23 pm

Sounds like another 73G going to WN.
 
MCOflyer
Posts: 7071
Joined: Tue Jun 13, 2006 5:51 am

RE: Azteca Plane Confiscate At ONT?

Thu Nov 30, 2006 10:39 pm

Quoting Wedgetail737 (Reply 6):
Sounds like another 73G going to WN.

My thoughts exactly.

MCOflyer
Never be afraid to stand up for who you are.
 
xaapb
Posts: 367
Joined: Sat Jan 22, 2005 2:08 pm

RE: Azteca Plane Confiscate At ONT?

Fri Dec 01, 2006 12:56 am

Sounds bad for Azteca, hope they get through this bad situation.
Jorge Meneses
 
cun757
Posts: 199
Joined: Wed May 26, 2004 12:27 am

RE: Azteca Plane Confiscate At ONT?

Fri Dec 01, 2006 10:32 am

This remembers me Taesa... Something is rong there, Azteca also have the instalations of Taesa and some people say that the old owners have shares in Azteca...
Who knows...
757 forever

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