View Full Version : Gulf Air leases out A340's
MrBig
22nd May 2002, 06:55
It's rumoured that GF will be leasing out 3 A340's to a neibouring airline for use on Toronto and Osaka routes. Any news??
CaptA320
22nd May 2002, 07:30
Still no agreement for the wet lease has been finalised. Under negitiation stage from what we hear.
Mitsumi
22nd May 2002, 09:16
I think he is actually refering to the people who wrote Airbus manuals and procedures :p
akerosid
22nd May 2002, 16:46
If the airline you mean is Emirates, it's untrue. 777s are already scheduled for the KIX route, starting in August and YYZ won't come onstream until about 2004, with A340-500s.
Kuwait Airways, perhaps? I heard talk of them dumping their 777s and going all-Airbus?
CaptA320
22nd May 2002, 17:01
No akerosid none of those Airlines you mentioned are the one's GF is talking to.
It makes good financial sence for GF to try to utilize the A340 on a profitable wet lease as opposed to selling them.
boiler
22nd May 2002, 20:32
The airline in question is an Iranian one I believe by the name of Mahan (sp.?). The deal has not been finalized despite a MOA because of numerous legal issues. No one really knows whether GF will have only 2 A340's or all 5 of them come October.
:( :(
Just heard that the insurance and spare parts are getting in the way due even though its an airbus,its engines are ameriacn and the embargo against iranians for that is hindering the deal now,so its deals off i guess.
gf is on its own again!!!!