European Air Charter buy 5 BA B747-200's !!!
ZbV
Join Date: Jul 1999
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For the last week I have been watching a LH B747-200 taking off same time every day. Yes a PAX airplane. So rumours about them being pakred seem to be quite incorrect. Do believe that they have this in mind for a lter date, but who would not.
Join Date: Jun 2001
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A bit off topic but can somebody clarify, I thought that VS were supposed to have parked all their classics, Then how come this exchange took place last Thurs?
AR: (opon spying not one but two VS classics at EGLL T3 while waiting to board flight) Blimey, I thought they'd parked all those classics
Mrs R: Classic what?
AR: 747s
Mrs R: What's a classic 747?
AR: One like that and that
Mrs R: You're sad, you know, why don't you carry on reading your nice aeroplane comic...
AR: But
Mrs R: (evenly but testily) Stop being an anorak
AR: (opon spying not one but two VS classics at EGLL T3 while waiting to board flight) Blimey, I thought they'd parked all those classics
Mrs R: Classic what?
AR: 747s
Mrs R: What's a classic 747?
AR: One like that and that
Mrs R: You're sad, you know, why don't you carry on reading your nice aeroplane comic...
AR: But
Mrs R: (evenly but testily) Stop being an anorak
Join Date: Oct 1999
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AR - been there, got the badge, t-shirt and sticker book!
BTW, over here in NZ the farmers on the south island were up in arms as the wide body services from Christchurch to Australia were being dropped, losing them about 100 tonnes of freight space per week. Anyone got a spare freighter going cheap?
BTW, over here in NZ the farmers on the south island were up in arms as the wide body services from Christchurch to Australia were being dropped, losing them about 100 tonnes of freight space per week. Anyone got a spare freighter going cheap?
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Here is the confirmation.
EAAC to launch widebody charters with ex-BA 747s
UK airline charter company European Aviation Air Charter (EAAC) has purchased five Boeing 747-200 aircraft from British Airways, a move which marks the company’s debut into widebody operations.
The acquisition is a radical departure for Bournemouth-based EAAC, which currently manages a fleet of eight Boeing 737-200Adv, three 737-200QCs and three BAC One-Eleven 500s – although the latter are scheduled to be retired by the end of March 2002.
EAAC has not firmly decided where the Rolls-Royce RB211-powered 747-200s will be based, although it is considering Manchester and London Stansted as possible options. Delivery of the first aircraft is anticipated early next year; the company is assuming an in-service date of 20 January.
It has not disclosed the sum which it is paying for the five aircraft. British Airways says that the deal does not amount to new cash for the flag-carrier, saying that it had already accounted for the income from the asset sale in its November interim results.
Australian-born entrepreneur and EAAC chairman Paul Stoddart, who took over the Italian Minardi Formula One motor racing team at the beginning of this year, says that the 747 purchase will allow the company to enter new markets – as well as allow to conduct long-haul operations in connection with the 2002 motor racing season. European Aviation Group has previously offered short-haul flights as part of its racing sponsorship packages.
EAAC will keep one of the 747s on standby as a spare and use the remaining four for lease or ad hoc operations. The company claims that it is receiving more enquiries about widebody operations now than for its narrowbody fleet.
“We realise that some people may question the wisdom of making a commercial commitment of this type at a time when there is a great deal of nervousness surrounding the aviation business,” says Stoddart.
“But we have never followed so-called ‘trends’ – preferring instead to do our own evaluation and strike deals when we believe it right for the European Aviation group of companies. We firmly believe that the global aviation business has a healthy future in the longer term, simply because people will continue to have a requirement to travel.
“Our company’s collective experience has taught us how to run a very efficient airline that boasts some of the lowest operating costs in Europe – we will now apply this knowledge to operating the European Aviation 747 fleet. As a result, I am certain this will turn out to be a highly-successful acquisition.”
EAAC to launch widebody charters with ex-BA 747s
UK airline charter company European Aviation Air Charter (EAAC) has purchased five Boeing 747-200 aircraft from British Airways, a move which marks the company’s debut into widebody operations.
The acquisition is a radical departure for Bournemouth-based EAAC, which currently manages a fleet of eight Boeing 737-200Adv, three 737-200QCs and three BAC One-Eleven 500s – although the latter are scheduled to be retired by the end of March 2002.
EAAC has not firmly decided where the Rolls-Royce RB211-powered 747-200s will be based, although it is considering Manchester and London Stansted as possible options. Delivery of the first aircraft is anticipated early next year; the company is assuming an in-service date of 20 January.
It has not disclosed the sum which it is paying for the five aircraft. British Airways says that the deal does not amount to new cash for the flag-carrier, saying that it had already accounted for the income from the asset sale in its November interim results.
Australian-born entrepreneur and EAAC chairman Paul Stoddart, who took over the Italian Minardi Formula One motor racing team at the beginning of this year, says that the 747 purchase will allow the company to enter new markets – as well as allow to conduct long-haul operations in connection with the 2002 motor racing season. European Aviation Group has previously offered short-haul flights as part of its racing sponsorship packages.
EAAC will keep one of the 747s on standby as a spare and use the remaining four for lease or ad hoc operations. The company claims that it is receiving more enquiries about widebody operations now than for its narrowbody fleet.
“We realise that some people may question the wisdom of making a commercial commitment of this type at a time when there is a great deal of nervousness surrounding the aviation business,” says Stoddart.
“But we have never followed so-called ‘trends’ – preferring instead to do our own evaluation and strike deals when we believe it right for the European Aviation group of companies. We firmly believe that the global aviation business has a healthy future in the longer term, simply because people will continue to have a requirement to travel.
“Our company’s collective experience has taught us how to run a very efficient airline that boasts some of the lowest operating costs in Europe – we will now apply this knowledge to operating the European Aviation 747 fleet. As a result, I am certain this will turn out to be a highly-successful acquisition.”
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this isn't eac's first attempt to break into the widebody market is it though! remember seeing an a300B4 in eac colours some years back on the eac mainanence apron at bournmouth. heard that it was one of a pair of a300's, but alas they never actually flew revenue flights for eac. could understand them being bought for parts/scrap, but why have them painted up if there was never an attempt to fly them? hope then with the purchase of the 747's their second attempt is far more successful.
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I have previously contributed to this thread in which redundancies were being discussed. Is Mr Stoddart planning to re-hire all the pilots he made redundant a few weeks ago? I hope so for those involved.
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I just hope the ex-BA and Virgin boys know
what they're letting themselves in for:
remember how to do a manual load sheet?
"Oh we've just got you a hire car to go from KUL to SIN"!!! all for £1.50 an hour!
what they're letting themselves in for:
remember how to do a manual load sheet?
"Oh we've just got you a hire car to go from KUL to SIN"!!! all for £1.50 an hour!
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Over the years, Paul Stoddart has undertaken a number of ventures which appeared to be off the wall to those of us who flew his aeroplanes. The only common thread is that they all made money. After a while, we stuck to driving the machinery and let him get on with cutting the deals. This is one very astute businessman. Expect the 747 project to work - also expect great things of Minardi! 
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Roadtrip,
Surely a good time to buy aircraft, demand has gone down and so has the price. They'll be coining it in next year, people arn't that afraid of flying here in Europe.
By the way, rumour is EAC will be using the 74's for Hajj flights next year, and for all you Americans out there that's a plane full of Muslims.
Surely a good time to buy aircraft, demand has gone down and so has the price. They'll be coining it in next year, people arn't that afraid of flying here in Europe.
By the way, rumour is EAC will be using the 74's for Hajj flights next year, and for all you Americans out there that's a plane full of Muslims.