Thu, Sep 09, 2010
First Of Three Scheduled For Delivery By Early 2011
Aircastle Limited has taken delivery of the first of the three
freighter aircraft in the Company's A330 order stream and placed it
on long-term lease to Hong Kong Airlines. The three A330-200F
freighters, which will be equipped with Rolls-Royce Trent 772B
engines, will be operated on services linking Hong Kong with
destinations across Asia, the Middle East and Europe. These are the
first freighter aircraft to deliver as part of Aircastle's new
Airbus Model A330 acquisition program. The remaining two freighter
aircraft are expected to deliver in late 2010 and early 2011.
Debt financing for this aircraft purchase was arranged and
provided by Citibank, N.A. and supported by a guarantee from
Compagnie Francaise d'Assurance pour le Commerce Exterieur, the
French export credit agency. The debt for this transaction bears
interest at a rate of 2.645% per annum and will be repaid over the
twelve-year term of the lease with Hong Kong Airlines.
"The air cargo business is experiencing a strong recovery,"
commented Ron Wainshal, Chief Executive Officer of Aircastle, in
announcing the delivery Tuesday. "We believe the Airbus A330
freighter is a great long-term investment, and completing this
delivery and the related financing represents another important
milestone for our A330 program."
ANN/Aero-TV Marketing Department Needs Part or Full Time Personnel Since ANN started, we have enjoyed the amazing support of a group of sponsors who have, by and large, been genero>[...]
"On his last day in the country he gave his life for, Tyler was working on his RV-8 at the EAA hangar. He spoke to (chapter member) Vance Simons, who had become a friend since he i>[...]
Klyde Does 'Drone' On... FMI: www.klydemorris.com>[...]
Also: Wanna Buy A Control Tower?, SAC 7-35 Airdata Computer, Remembering Frank Beagle, Exp 35 Astros Drop In, 777X Team Named, AF Academy Grads Will Get Their Flyover! The X-47B Un>[...]
Historical Fiction Set Against Invasion Of Kuwait In 1990 In order to succeed in his invasion of Kuwait on August 2, 1990, Saddam Hussein needed weapons. Weapons lead to questions:>[...]