Originally Posted by Fr8Dog
Now on to the Titan debacle:
Titan has been set up to CYA so to speak for the Company.
This is a way to DRY lease an airframe that they do not have a customer for.
It costs money for the a/c to sit, and it does not make money if it is not flying.
If you think this is a ploy to set up a crew leasing company, you are giving these guys more credit than they deserve.
From
Titan Aviation
Evaluate Our Services
Our outstanding aircraft outsourcing solutions, combined with our industry-leading expertise in freighter assets and services, enables our customers to flexibly and quickly ramp up their aviation operations without having to invest in expensive new aircraft.
By turning to Titan Aviation Leasing, our customers can effectively expand their capacity and capitalize on the growing demand for efficient, leading-edge commercial aircraft with superior operating economics.
Our global platform of aviation offerings - and the size, scale and industry expertise to make it all possible - guarantees that our customers can focus on their core competencies and generate greater value for their customers.
Our outstanding leasing solutions are backed by industry-leading expertise and freighter-related
value-added services:
Network management and Consultancy: schedule analysis, schedule management, route- and traffic-rights management. State-of-the-art Global Control Center: 24-hour customer service including customer-specific service web sites, AOG and parts support, IT support, central crew scheduling and coordination, sales and operations support around the world. Fuel: procurement and administration, comprehensive fuel management program aimed at reducing customer fuel expense. Ground operations support, maintenance management and crew services Handling services, including a joint venture with AACT Co. Ltd., to operate a new, strategically located cargo warehouse at Incheon International Airport in South Korea. Boeing 747 crew training
Looks pretty specific for crew leasing being held out to me...
Another thing to scope in....