Not sure where you came up with this misinformation. Our 777's are owned and leased through Titan. A leasing company owned by Atlas.

GSS contract with BA terminated
 

Exactly. Titan Leasing takes care of the 777s, nothing to do with GSS.

I was reading an article about Martinair which mentioned Atlas through GSS are one of a few companies involved in the purchase talks. Hard with no money though and a 49 percent cap on ownership.

Not sure why Atlas would want Martin. Article mentions "it's European base". If they did persue MP, GSS would be used as a glove puppet I guess. No idea. Like I said, they were mentioned in a few articles as only one of many companies interested and sounds like its going no where.

Convincing the European control commissions that the majority stakeholder has effective control and not just having it's string's pulled would take some doing. I don't think it is big news as KLM-AF can't seem to make their mind up what to do with Martin.

I did read that Atlas do want to hang onto the UK AOC for what reason is not clear -but without the regulatory aircraft to fulfil the requirement it is going to be very difficult. Short article also attached...

Air France KLM Martinair axes MD-11F fleet - The Loadstar

Air France-KLM Martinair Cargo falls while Etihad soars

GSS hangs onto AOC by a thread

GSS contract with BA terminated
 

Just read somewhere QR are in the market for MP

Nearly Man is actually correct.

Two of the Titan 777s are dry leased to GSS who sublease them on to Aerologic. :p

Ah so that's how they still have an AOC? So they're just a lease bridging company for now. Any signs of GSS themselves operating again GMH?

I don't know what the future holds for GSS i'm afraid but I wish them the best of luck in finding new business. I have heard there is still a small team left at STN looking for new opportunities and managing the 777 dry leases.

As long as there are people in the office there must be some small hope of a future for them.

Atlas Air Worldwide Dry-Leasing Subsidiary Titan Aviation Acquires Boeing 777 Freighter Aircraft on Long-Term Lease to AeroLogic
Monday, March 11, 2013 --

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating solutions, today announced the acquisition of a Boeing 777 Freighter by its dry-leasing subsidiary, Titan Aviation. The aircraft is currently on long-term lease to AeroLogic GmbH, a cargo airline based in Germany and a joint venture of DHL Express and Lufthansa Cargo AG.

“With the purchase of this 777 freighter, we gain entry into an attractive aircraft type consistent with our strategy of investing in new technology that creates superior value for our customers,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.

“This deal represents an important part of our plan to grow Titan's dry-leasing platform through selective investments in aircraft with existing leases that support leading operators in the airfreight industry. While Titan is principally a cargo aircraft dry lessor, its portfolio includes passenger narrow-body aircraft, engines and related equipment. It also provides customers expertise in asset management, passenger-to-freighter conversion, and other technical services.”

Norddeutsche Landesbank Girozentrale (NORD/LB), a leading aircraft financier based in Hanover, Germany, provided financing for the 2010 vintage aircraft.

AeroLogic GmbH was founded in September 2007 with headquarters in Schkeuditz/Leipzig, Germany. The AeroLogic fleet is composed of eight Boeing 777Fs.



DO YOU SEE THE GSS NAME IN HERE ANYWHERE?

Here are the next 3, I don't see GSS mentioned anywhere here either do you?

Atlas Air Worldwide Acquires Three Boeing 777 Freighters For Titan Dry-Leasing Subsidiary
Friday, January 10, 2014 -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating solutions, today confirmed completion of previously announced agreements to acquire three Boeing 777 Freighters for its dry-leasing subsidiary, Titan Aviation. The 2011-vintage aircraft were acquired from affiliates of Guggenheim Aviation Partners, LLC and are currently on long-term lease to a European express carrier.

“The purchase of these 777 freighters significantly enhances our position in an attractive aircraft type and is consistent with our strategy of investing in new technology that creates superior value for our customers,” said William J. Flynn, President and Chief Executive Officer, Atlas Air Worldwide.

“The six 777s now in our fleet represent an important part of our plan to grow Titan's dry-leasing platform through selective investments in aircraft with existing leases that support leading operators in the airfreight industry. While Titan is principally a cargo aircraft dry lessor, its portfolio includes passenger narrow-body aircraft, engines and related equipment. It also provides customers expertise in asset management, passenger-to-freighter conversion, and other technical services.”

BNP Paribas, Landesbank Hessen-Thurigen Girozentrale (Helaba) and Norddeutsche Landesbank Girozentrale (NORD/LB), as senior lenders, and Investec Bank plc and NORD/LB as junior lenders, provided aggregate financing in the amount of $432 million for the acquisition of the aircraft. Borrowings with respect to each aircraft will amortize over a term of approximately ten years, with the maturity date of each loan being the scheduled termination date of the related operating lease.

Seeing Qatari 777's pass through STN a lot now. After all the historical argument and subsequent G registering of the GSS 747's flown by Brtish licence holding crews to fly BA freight, I still don't know why the situation has been allowed to return to square one. On a different note I also wonder about the apparent permanent basing of ABX 767's in the UK.

Trust me, GSS sits between Titan & Aerologic for two of them.

Press releases rarely tell the whole story. They only tell you what you NEED to know.

Oh I will trust you for sure! FNG with 3 posts! What do I know, I have only been at Atlas for 17 years.

Before you dig yourself a deeper hole you might want to check out the latest GSS annual accounts (available via UK Companies House website) and you will see reference to two 777Fs that they are dry leasing.

All publically available information if you just bother to look...

Where should I send the humble pie to Mr '17 Years with Atlas'?

GSS contract with BA terminated
 

Wasn't the issue with GSS and Atlas the fact that US carriers couldn't be based in the UK hence the G reg ac, QR aren't based at STN. And the ABX ac are being leased by TNT

Funny, I just spent 30 minutes on the GSS web sites and found nothing about it. Perhaps you might post a link!

I like good ole' American apple pie thank you very much, I think a scoop of vanilla ice cream on the side might be in order as well!

And I am sure enjoying flying the old GSS birds I might say.

Cheerio old boy!

I've already told you where to find the info!

Companies House website.
Search for Global Supply Systems
Latest accounts (2013)
Pay 1 British pound
Get info in pdf form


If you spent 30 mins on the GSS website you must be a slow reader!

Oh dear,

It appears Fr8Dog could be another Mojo Wojo:rolleyes: (if you read the post correctly the GSS website was never mentioned)

To be compared to that dick head is a real insult! I have no idea what other website he was talking about.

And as I said before, I am REALLY enjoying flying the former GSS birds!! Looking forward to the next 3 we are getting by exercising some of our options!!!

Glad you enjoy flying the second hand fleet. They were even better when new!

No idea what the website I'm on about is? Ever thought of using Google?
(Companies House is the place where all UK limited company documents are available.)

As you seem to need spoonfeeding in order to do the most basic tasks, here is the website for you:

Companies House

By the way, the accounts even tell you the two airframes involved too!
Maybe when you hit 20 years at Atlas you will finally know as much about your employer as you think you already do.