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karatecatman Guest
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Posted: Sat Dec 19, 2009 1:57 pm Post subject: Jet to lease 3 777s to Royal Brunei |
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Jet Airways has got the go-ahead from the Bombay High Court to lease out three of its Boeing (NYSE:BA) 777 aircraft to Royal Brunei Airline.
Earlier in May, the Court had allowed Jet to lease out one Boeing to Turkish Airlines in addition to the three leased to the same carrier.
Jet needs the Court's permission each time it enters into a third party transaction. |
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me111993 Member
Joined: 04 Sep 2009 Posts: 3225 Location: MAA/AMD
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Posted: Sat Dec 19, 2009 3:09 pm Post subject: |
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When will this be done??
So now, upto 16th of JAN, the B77W utilization is
2-BOM-LHR
2-BOM-BRU-EWR
1-DEL-LHR
And currently 2 are spare.
What is the time period of the leasing aggrement???
Me111993 _________________ Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.
- Greg House |
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d3vski Member
Joined: 17 Apr 2009 Posts: 440 Location: In the First Class lounge.....
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Posted: Sat Dec 19, 2009 3:54 pm Post subject: |
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This is the same Royal Brunei who found the B772 too big even though they had one painted and ready to go.
Suddenly they go for a bigger premium B77W.
Something not quite right although the premium seats on the B77W will catapult Royal Brunei into the big boys club. |
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Boeing7xx Member
Joined: 23 Dec 2006 Posts: 477 Location: WSSS
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Posted: Sat Dec 19, 2009 6:01 pm Post subject: |
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welcome bandar seri begawan |
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Spiderguy252 Member
Joined: 10 Aug 2007 Posts: 4259 Location: Indian Ocean
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Posted: Sat Dec 19, 2009 11:57 pm Post subject: |
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Royal Brunei will probably put them on use on their lucrative Brunei-DXB-LHR route, currently operated by a 767. _________________ Yeah. |
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747-237 Member
Joined: 11 Jun 2007 Posts: 11356 Location: Gordon Gekko's Boardroom
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Posted: Sun Dec 20, 2009 12:22 am Post subject: |
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The 77Ws going to Royal Brunei are the ones recently returned by Gulf Air: VT-JEG, VT-JEH, VT-JEJ. |
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karatecatman Guest
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Posted: Sun Dec 20, 2009 3:35 pm Post subject: |
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747-237 wrote: | The 77Ws going to Royal Brunei are the ones recently returned by Gulf Air: VT-JEG, VT-JEH, VT-JEJ. |
3 Boeing 777s Available To RBA On Lease
20 December 2009
Izam Said Ya'akub
Bandar Seri Begawan - Three Boeing 777s will be available to Royal Brunei Airlines (RBA) on lease, after the Mumbai High Court had approved the deal for troubled Jet Airways of India, a report from an India newspaper said over the weekend.
Royal Brunei Airlines officials were unable to return calls by press time yesterday, however an industry insider said that RBA is expecting training for their staff and crew in anticipation for the arrival of the Boeing 777s wide-body jets suitable to fly long-haul routes.
Sources said RBA technical staff had also travelled to New Delhi to assess the aircraft earlier this year.
A lot of the leave for in-flight staff have been frozen," said the source, speaking on condition of anonymity.
The source also added that the engineering staff from Brunei's national carrier are expected to undergo training in Washington State, US. home of aircraft manufacturer, Boeing.
The B777s' arrival in Brunei is part of RBA's intentions to revamp its ageing fleet reported previously by The Brunei Times.
The move is expected to strengthen the airline's long-haul capabilities by being able to cater for more passengers and to travel to more destinations.
The source said the plans are aimed at having the planes operational early next year, possibly in February.
When contacted, Shubratandon, a Mumbai correspondent for the Hindu Business Line, said that the deal taking the planes to Brunei Darussalam needed to be approved by the Mumbai High Court after a dispute between Jet Airways and Sahara, which it bought over in 2007.
Whether RBA will elect to use the Jet Airways aircraft still remains to be seen.
Reports from Bloomberg UTV had said Jet Airways previously leased the aircraft to Gulf Air and the very same planes were being lined up for Brunei's national carrier.
While the official figures have yet to be released, the report from Bloomberg UTV had stated that an earlier deal to lease 777s from Air India priced between $1 million and $1.5 million per aircraft. The leasing deal struck with Gulf Air of Bahrain was valued at $2.2 million.
The airline industry had been abuzz after news had initially surfaced on RBA's plan to lease several ex-Varig aircraft. One of the planes had even been repainted and was photographed in Fort Worth, Texas, with the RBA livery.-- Courtesy of The Brunei Times |
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me111993 Member
Joined: 04 Sep 2009 Posts: 3225 Location: MAA/AMD
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Posted: Sun Dec 20, 2009 5:17 pm Post subject: |
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Quote: | Bandar Seri Begawan - Three Boeing 777s will be available to Royal Brunei Airlines (RBA) on lease, after the Mumbai High Court had approved the deal for troubled Jet Airways of India, a report from an India newspaper said over the weekend. |
Troubled?????
Mr Izam, people usually dont associate the term 'Troubled' with a carrier whose YOY growth was 33% (Nov) , International loads are 81% and over all loads are 76% Just because an airline wants to lease out aircrafts, it doesn't mean it's in troubled state!!!
Aweful Journalism!!!!
me111993 _________________ Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.
- Greg House |
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G-BYGB Member
Joined: 21 Dec 2006 Posts: 1813 Location: Bangalore/Delhi
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Posted: Sun Dec 20, 2009 6:15 pm Post subject: |
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How many B777Ws has 9W leased it to Turkish airlines and for how long? _________________ www.flickr.com/G-BYGB photos |
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me111993 Member
Joined: 04 Sep 2009 Posts: 3225 Location: MAA/AMD
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Posted: Sun Dec 20, 2009 6:44 pm Post subject: |
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They have leased out 4 B77w's:
VT-JBD
VT-JBE
VT-JBF
VT-JBG
for a 42month period (6 month wet lease + 36 month dry lease) _________________ Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.
- Greg House |
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Manish Soni Member
Joined: 09 Sep 2009 Posts: 102 Location: LHR
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Posted: Sun Dec 20, 2009 7:01 pm Post subject: |
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me111993 wrote: | They have leased out 4 B77w's:
VT-JBD
VT-JBE
VT-JBF
VT-JBG
for a 42month period (6 month wet lease + 36 month dry lease) |
Those are all 738 regs.
9W's 77W's regs are VT-JE*
Please refer here for more info - http://www.planespotters.net/Airline/Jet-Airways
Btw, will these be painted in RBA livery ?
If yes then where - KUL or BOM ? |
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tayaramecanici Member
Joined: 03 Jan 2007 Posts: 648
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Posted: Sun Dec 20, 2009 7:30 pm Post subject: |
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me111993 wrote: | Quote: | Bandar Seri Begawan - Three Boeing 777s will be available to Royal Brunei Airlines (RBA) on lease, after the Mumbai High Court had approved the deal for troubled Jet Airways of India, a report from an India newspaper said over the weekend. |
Troubled?????
Mr Izam, people usually dont associate the term 'Troubled' with a carrier whose YOY growth was 33% (Nov) , International loads are 81% and over all loads are 76% Just because an airline wants to lease out aircrafts, it doesn't mean it's in troubled state!!!
Aweful Journalism!!!!
me111993 |
Wonder why a airline growing at 33% would be looking at reducing capacity, surely these additions to the fleet were ordered keeping in view continued growth @ 33% or have the numbers been fudged and now are catching up.
Mr Izam is right in stating this is a sign of trouble...........shocking how simple stats can be twisted to project a healthy growth from the pits of bankruptcy, 9W is still teethering i would say. |
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me111993 Member
Joined: 04 Sep 2009 Posts: 3225 Location: MAA/AMD
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Posted: Sun Dec 20, 2009 8:18 pm Post subject: |
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Thanks for the correction Manish
33% growth was growth in no of pax from Nov 08 to Nov 09, both domestic and intl. This was mainly due to introduction of 9w Konnect and lots of new intl routes to the Gulf and SE asia. The B777's have 8 Fcl suites which occupy the space of 70 Ycl seats and in the current environment (economic, ofcourse ) the demand for First Class is really low and hence is not feasible to operate these a/c's with the bulky Fcl seats on LH routes.
The signs of problems are visible when an airline starts taking drastic measures and quiet literally chopping down capacity, 9w adds an intl route almost every month!. I would say 9w was in trouble in Q2 and Q3 of 2008-09 when they really started cutting capacities and if traffic patterns would have continued that way, things would have been ominous for 9w now, however, things changed, traffic picked up and is now is rising steadily.
9w ordered these widebodies way back in the 2005 Parir Air Show, believe me, NOTHING planned in 05' has been implimented successfully due to the recession and i am not talking about aviation only, this applies to almost every field of business...
Me111993 _________________ Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.
- Greg House |
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Nimish Member
Joined: 16 Dec 2006 Posts: 9757 Location: Bangalore, India
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Posted: Sun Dec 20, 2009 10:33 pm Post subject: |
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me111993 wrote: | Troubled?????
Mr Izam, people usually dont associate the term 'Troubled' with a carrier whose YOY growth was 33% (Nov) , International loads are 81% and over all loads are 76% Just because an airline wants to lease out aircrafts, it doesn't mean it's in troubled state!!!
Aweful Journalism!!!!
me111993 |
I'm not sure why you think 9W is not troubled, when they themselves keep claiming on how troubled they are, and they are having a tough time keeping afloat? Besides sending new 77Ws off to the desert, reducing capacity left right and center, dropping routes etc. don't they have huge creditors as well (including oil companies, AAI etc.)? _________________ We miss you Nalini! |
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me111993 Member
Joined: 04 Sep 2009 Posts: 3225 Location: MAA/AMD
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Posted: Sun Dec 20, 2009 11:21 pm Post subject: |
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Fine u guys, I'll retract my 'TROUBLED' comment . Please just give me a more precise defination of the term Troubled. _________________ Causal Determinism : We are hardwired to need answers. The Caveman who heard a rustle in the bushes and checked out to see what it was, lived longer than the guy, who assumed it was just a breeze.
- Greg House |
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Nimish Member
Joined: 16 Dec 2006 Posts: 9757 Location: Bangalore, India
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Posted: Sun Dec 20, 2009 11:55 pm Post subject: |
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me111993 wrote: | Fine u guys, I'll retract my 'TROUBLED' comment . Please just give me a more precise defination of the term Troubled. |
Basically means they are in trouble... _________________ We miss you Nalini! |
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