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Excel Airways

Old 17th Sep 2008, 20:12
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2x 739s MAN to Lasham I believe.
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Old 17th Sep 2008, 20:58
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Bye Bye AP and AR!
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Old 18th Sep 2008, 03:08
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Someone is paying off some of XL's debts, the 738 at Bristol is no longer blocked in and is going to Lasham in the next day or two. Can only assume a deal has been done with the airport management. Seems the handling agent isn't happy though, from what I hear, they're refusing to push it back off stand so it's kind of still stuck here.
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Old 18th Sep 2008, 09:10
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Looking for Kieran Kielly, ex dan ex virgin and xl, sorry about the pun. I need to contact him urgently if he was made redundant from xl, as I have a job offer for him. contact me on [email protected]
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Old 18th Sep 2008, 09:56
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Looking for Kieran Kielly, ex dan ex virgin and xl, sorry about the pun. I need to contact him urgently if he was made redundant from xl, as I have a job offer for him. contact me on
Ex GB as well?
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Old 18th Sep 2008, 10:11
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The 767 in full XL livery left LGW last night about 1800hrs.....any ideas where its gone?
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Old 18th Sep 2008, 10:31
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EGHL with the others?
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Old 18th Sep 2008, 10:38
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G-VNKG left Gatwick for Toronto 17 Sep

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Old 18th Sep 2008, 12:47
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all the remaining xl 737's departed today, after a rep from the leasing company paid 300K to MAN Plc to have them back. Then my company refused to push them as they owed us another 150k+ in bills, finally they paid it back late last night, so we got them away earlier today, not a nice sight really.

fairwell to XL

G-STAW
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Old 18th Sep 2008, 13:44
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after a rep from the leasing company paid 300K to MAN Plc to have them back. Then my company refused to push them as they owed us another 150k+ in bills, finally they paid it back late last night
Just as a matter of interest, why would the leasing company be liable for the debts incurred by XL at MAN for their impounded aircraft ? The debts would surely be arranged to be settled through PHWC, the liquidators ?

Or was it simply a case of said leasing Co wanting to cut through the red-tape and get their property back and earning revenue elsewhere asap ?


Regards


SHJ
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Old 18th Sep 2008, 14:13
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why would the leasing company be liable for the debts incurred by XL
They would probably have a claim in with the administrators for that, but its more than likely a simple case of damage limitation.

Thoughts are with all the XL crews and their families at this time
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Old 18th Sep 2008, 15:21
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Debt stays with the aircraft, so if the leasing company wanted the plane back they would have to pay up.
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Old 18th Sep 2008, 15:50
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Just as a matter of interest, why would the leasing company be liable for the debts incurred by XL at MAN for their impounded aircraft ? The debts would surely be arranged to be settled through PHWC, the liquidators
The lessor wanted their planes back there and then, they wasn't leaving without them. Its not they they'll liable for the debt, but they wanted their planes back, and why not?obviously the planes are now being prepared for lease with another carrier, maybe kissair?!?

also remember it would of taken alot longer for the administrators to process legal stuff and to return the planes to the lessor, than it would for the lessor to take on the debt, its just s matter of speeding the process up.

This has simplified things for the lessor, Now the lessor will chase the administartors for the now outstanding monies owed to them, this is in access of 450K.

G-STAW

Last edited by G-STAW; 18th Sep 2008 at 16:16.
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Old 18th Sep 2008, 16:53
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Debt stays with the aircraft, so if the leasing company wanted the plane back they would have to pay up.
I don't doubt this, but how does something that a company 'hires' have anything to do with the company apart from a tool for the job, albeit a big and very expensive tool ?! It's not a physical liability outside of the contractual obligations of the lease wet/dry etc and belongs to someone else and hopefully legally protected from such claims.

The lessor wanted their planes back there and then, they wasn't leaving without them. Its not they they'll liable for the debt, but they wanted their planes back, and why not?obviously the planes are now being prepared for lease with another carrier, maybe kissair?!?

also remember it would of taken alot longer for the administrators to process legal stuff and to return the planes to the lessor, than it would for the lessor to take on the debt, its just s matter of speeding the process up.

This has simplified things for the lessor, Now the lessor will chase the administartors for the now outstanding monies owed to them, this is in access of 450K.
I'd have done the same, rather than have the assets sitting somewhere not bringing in revenue. Hopefully there will be some solidarity within the market sector to tell KissAir to kiss their...... I know it's business and legal, but these things are morally wrong and those with influence should use it!


Regards


SHJ
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Old 19th Sep 2008, 08:01
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Where has their 330 gone to?
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Old 19th Sep 2008, 10:41
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XL Uk didnt have an A330 it belonged to XL France who are trading strong Seems wrong that they bought out almost bankrupt Star Airlines and rebranded to XL France........... Also german airline on its ass ..... and hey both are going strong while XL UK falls on its ass......... ironic !!!!!!
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Old 19th Sep 2008, 10:48
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History repeats itself 1991...

Is this not very similar to the ILG/Air Europe failure in 1991...

Air Europa, and Air Europe SPA (Italy) continued, whilst the UK airline saw it's demise.
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Old 19th Sep 2008, 10:53
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Where has their 330 gone to?
Returned to XL France 12 Sep

XL UK fleet status as of 19 Sep

Last edited by jethro15; 19th Sep 2008 at 20:55. Reason: Additional info
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Old 19th Sep 2008, 10:54
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Grrr

Don't know if ironic is the word I would use, manipulative bordering on fraudulent may be closer to the mark. Don't know if we will ever ( publically) know the truth, but the emergence (or not) of KissAir will be a fairly strong indication, particularly if they are using XL airframes.
As always, sh 1 tea always floats to the top.
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Old 19th Sep 2008, 11:04
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Years ago

The debt for ground charges stayed with the reg, not the aircraft itself. Hence the rapid re-register of the airframe, to the degree of corrupting one digit. I believe, the Reg is attatched to a frame number, until cancelled by the CAA or another reg is allocated at owners re-registration?
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