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Old 10-24-2008, 10:17 AM
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Boeing's website shows 29 777F orders booked by investors who, as far as I know, do not operate airplanes. GECAS (10), Oak Hill (6), Guggenheim (5), Duecalion (8).

If the plans for these aircraft have been made public, I am not aware of it.

Does anyone know anything about this?

Thanks.

WW
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Old 10-24-2008, 11:01 AM
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If you build it, they will come.

Strategic planning in some cases. Sometimes we don't find out until late in the game and some don't have a home yet, but like a cute puppy, if someone is looking for one and you have one, it will find a home.
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Old 10-24-2008, 01:58 PM
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Originally Posted by Winged Wheeler
Boeing's website shows 29 777F orders booked by investors who, as far as I know, do not operate airplanes. GECAS (10), Oak Hill (6), Guggenheim (5), Duecalion (8).

If the plans for these aircraft have been made public, I am not aware of it.

Does anyone know anything about this?

Thanks.

WW
I think Oak Hill is the owner of Southern Air Transport, as for the others I do not know.
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Old 10-24-2008, 02:18 PM
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GECAS is the leasing division of GE.
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Old 10-24-2008, 02:27 PM
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They're all aircraft leasing companies...Oak Hill is starting a new leasing business. As of now the aircraft are earmarked for SAI, but if someone was willing to pay for them... The arrangement makes sense; if SAI goes under or (more likely) can't keep an ETOPS cert on them (or something similar) they can still market their investment (early 777F slots are worth a lot).

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Old 10-24-2008, 08:24 PM
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Yo Spongebob,
Who is SAI? Singapore Air? or Southern Air?
thanks
Z
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Old 10-25-2008, 02:02 PM
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Southern Air Incorporated, the successor to Southern Air Transport that went bankrupt several years ago. SAI is owned by Oak Hill Capital Partners (who used to own Cargo 360).

HTH
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Old 10-26-2008, 02:10 PM
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Air France is getting some, I saw the first one in their colors parked on the ramp at Boeing field. I think they are the first customers.
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Old 10-26-2008, 04:24 PM
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Originally Posted by IndyAir Guy
Air France is getting some....
AFA bought their own. Wheeler's talkin about leases.
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Old 10-26-2008, 05:38 PM
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oh, yeah sorry about the confusion. Best of luck to the Southern Boys, I hope they get the 777's. They could use some new planes. When are the rumored to come on property?
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