777's for Pakistan International Airlines
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777's for Pakistan International Airlines
<img src="eek.gif" border="0">
Heard recently that PIA are acquiring 4 777's from Boeing. Originally origanated for United.
Any truth in this story ??? <img src="eek.gif" border="0">
Heard recently that PIA are acquiring 4 777's from Boeing. Originally origanated for United.
Any truth in this story ??? <img src="eek.gif" border="0">
Join Date: Aug 2001
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Incentive??
I don't understand, since any B777 is commercially available to PK and UAL was surely intertested in deferring their deliveries etc. etc.. Just how does this incentive work?
Why couldn't a similar deal work with Airbus, even without a consortium political deal?
Wasn't the real deal with PK (before this) how they were going to unload their older aircraft?
I don't understand, since any B777 is commercially available to PK and UAL was surely intertested in deferring their deliveries etc. etc.. Just how does this incentive work?
Why couldn't a similar deal work with Airbus, even without a consortium political deal?
Wasn't the real deal with PK (before this) how they were going to unload their older aircraft?
Join Date: Jul 2000
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The aircraft are most likely to be financed by a bank consortia with Export Credit support provided by US Exim Bank,- effectively a guarantee against default. Exim in turn would have been asked by Government to support this incentive.
Why an incentive - simply because without Exim support, no bank or leasing company would rate Pakistan 's ability to repay highly enough to considerr pure asset based finance.
A B777 - Id rather fly that any day over the A300's and other ageing dinosaurs in the fleet. I hope PK consider their transit lounge and other passenger facilities at the same time if they hope to fill these aircraft
Why an incentive - simply because without Exim support, no bank or leasing company would rate Pakistan 's ability to repay highly enough to considerr pure asset based finance.
A B777 - Id rather fly that any day over the A300's and other ageing dinosaurs in the fleet. I hope PK consider their transit lounge and other passenger facilities at the same time if they hope to fill these aircraft
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[quote] >>And the ex-CX 747-300s? <<
Trashed and unuseable I believe.
<hr></blockquote> Not true they are still flying, although the cabin is not upto what it used to be the rest is in pretty good shape.
777 story has been around awhile, who can blame them for trying to get some help from the US!
Trashed and unuseable I believe.
<hr></blockquote> Not true they are still flying, although the cabin is not upto what it used to be the rest is in pretty good shape.
777 story has been around awhile, who can blame them for trying to get some help from the US!
