Quote:
All the remaining Saudia aircraft have undergone two changes of ownership since they entered storage.
01/1999 stored Taif
01.04.2004 bought Al Thuraya Marine Services
01.03.2006 bought Regency Projects Ltd
My understanding is that deposits were paid but ownership never changed hands.
It's a Pakistani shipping company. One in the same.
Looks like they are bring 4 aircraft (L1011) back into service initially. In fact the first is starting "C Check" at Joramco next month.