CHI 767's, why not ABX???

[C-141/C-5]

[FONT=Arial, Helvetica, sans-serif]Cargojet Adds Long-Range Freighters[/FONT]
Canadian freight airline Cargojet plans to add two 767-200ER freighter aircraft to its fleet in a sharp scaling up of capacity at the carrier.
Cargojet will lease the planes from Cargo Aircraft Management, a subsidiary of Cargo Holdings International. Delivery is scheduled in the second and third quarter of 2008.
The aircraft have a 100,000 pound payload capacity, a 67 percent increase over the company's current B727-200 planes. They have a maximum range of 5,000 nautical miles.
"We are very excited to be the first Canadian air cargo operator to introduce these newer generation, longer range, and more fuel efficient aircraft to our fleet," said Ajay K. Virmani, president and CEO of Cargojet.

I was under the impression that ABX was seeking more 767s. CHI is wholly owned by ABX, so it made sense for ABX to aquire these planes? What gives?

 

[b707guy]

Actually, CHI is owned by ABX Holdings, as is ABX the airline. Cargojet has one or two 727s operating for BAX out of TOL, but I have no idea what else outside of BAX they may do. Supposedly, CHI and it's subsidiaries will be operated completely separately from ABX, so either CAM has had this deal in the works for some time, or they feel they can make more by leasing them to Cargojet than to ABX or to ATI. Either way, ABX Holdings will reap the benefit in the end. This should get interesting.... We're still supposed to get our first 767 in April or so. Not holding my breath on that, though.

 

[Box-Hauler]

Is this the 76-ER bird that ABX got from China that was a bait and switch. Rumors had it that if we did not buy the bird then we could kiss off any more 767 from them.

 

[shooter]

Is this the 76-ER bird that ABX got from China that was a bait and switch. Rumors had it that if we did not buy the bird then we could kiss off any more 767 from them.

I don't think it is. I think that one is for sale and will not be converted or used due to about a million theories. Those 767's are 2 of (I think) 5 that CHI had their hands on before the purchase. Along with a 757 that will be used by DHL out of MIA (I think, again). I don't know who (ATI or Capital) will be operating which or if both will get the type.

Your rumor of the bait and switch is one of the many I have heard so far. They have more 767-200's and another rumor floating around is we had to eat this one if want to purchase the others. For what these rumors are worth.

And I agree with 707 that there may be a short term for them or something else is in the works. If DHL will pony up on the ACMI %, I bet they would be in the DHL system. But they have 2 years until that comes around.

 

[erichartmann]

[FONT=Arial, Helvetica, sans-serif]Cargojet Adds Long-Range Freighters[/FONT]
Canadian freight airline Cargojet plans to add two 767-200ER freighter aircraft to its fleet in a sharp scaling up of capacity at the carrier.
Cargojet will lease the planes from Cargo Aircraft Management, a subsidiary of Cargo Holdings International. Delivery is scheduled in the second and third quarter of 2008.
The aircraft have a 100,000 pound payload capacity, a 67 percent increase over the company's current B727-200 planes. They have a maximum range of 5,000 nautical miles.
"We are very excited to be the first Canadian air cargo operator to introduce these newer generation, longer range, and more fuel efficient aircraft to our fleet," said Ajay K. Virmani, president and CEO of Cargojet.

I was under the impression that ABX was seeking more 767s. CHI is wholly owned by ABX, so it made sense for ABX to aquire these planes? What gives?

Shooter indicated they were 2 of the 767's CHI already had in the works. I don't know but think it possible. Also, ABX may not want to put aircraft into service outside of DHL and get into the whole 10% of business fight again prior to the arbitration on the current issue. That said, if DHL wanted the aircraft and had offered enough of a markup to make it worthwhile I'm sure they would be flying for DHL.

 

[727flier]

FYI,
Capital will operate the 757 out of MIA. We don't know when the other one will come on line but they say that there will be two of them. We have completed the training now and are just basically waiting on the acft. to be put into service. We did our training at Alteon (Boeing) down in MIA and the training they provided was top notch.

 

[tazpilot]

FYI,
Capital will operate the 757 out of MIA.

Any idea what destinations you will go to out of MIA and what frequency? Are you replacing some of the flights that the DHL Panama operation flew?

 

[Guam360]

what does ABX currently do out of MIA?
Brasil?

 

[shooter]

what does ABX currently do out of MIA?
Brasil?

ABX has many customers so destinations are ever-changing. Just this week MIA destinations were GUA-KIN-MBJ-GDL-BGI-POS-PAP-SJU. If I missed some, sorry. There are many more, so you never really know when an adhoc might pop up like the SJU. Many are scheduled.

 

[Guam360]

thanks shooter

 

[727flier]

not really

just a bunch of reserve for now. no lines have been built yet.

 

[Flyer8]

Question...

I recently heard that CAM has leased the 757 that was scheduled for Cappy's crew to another party..Any truth to this one?

 

[shooter]

I recently heard that CAM has leased the 757 that was scheduled for Cappy's crew to another party..Any truth to this one?

Oh God I hope not. The next thing will be all ABX 767's going to CAM for who knows what. This is one of the EXACT reasons all 3 of Pilot groups need to work together. My resume is in eternal update mode these days.

Everybody thank DHL for buying us now. You know since they are so great and have such a strong arm across the freight industry.
THANKS DHL!uke:

p.s. If true, I know the ATI and Cappy guys may be looking at ABX the same way.

 

[Flyer8]

More on CAM

I have heard the following concerning CAM..Even though they are owned by CHI,there appears to be no loyalty to anyone in ABX holdings..Sounds like first come, first served as far as aircraft leasing is concerned. Say for instance ATI has crews in training with a promise of an aircraft from CAM.If someone else comes along before ATI actually is prepared to take the airplane,CAM would go ahead and lease to that someone else who was willing to pay more money. ABX holdings still makes the money,but ATI would be left waiting..I think this "umbrella" may have more than a few holes in it!

 

[shooter]

I have heard the following concerning CAM..Even though they are owned by CHI,there appears to be no loyalty to anyone in ABX holdings..Sounds like first come, first served as far as aircraft leasing is concerned. Say for instance ATI has crews in training with a promise of an aircraft from CAM.If someone else comes along before ATI actually is prepared to take the airplane,CAM would go ahead and lease to that someone else who was willing to pay more money. ABX holdings still makes the money,but ATI would be left waiting..I think this "umbrella" may have more than a few holes in it!

I would agree with the more money part. Top brass has no loyalty to the employees who bust their humps to get the $$$ to roll in, it is either to their own pockets or the share holders. That is their job. But I find it hard to believe that in this market with fuel prices so high it can be the sole decider between fly it or drive it, that these higher efficient aircraft are not in high demand. More so with business that since CAM's interest is one in the same as ABX, or ATI or Cappy higher returns are not to be made within the org. than by leasing them out.

That said I think that the two already published to go to CargoJet were ATI's aircraft. And unless their current customers pony up the dough for 767's they will be sent out until certain contracts are up for re-negotiation. While ABX could put them to use almost right away, they were ATI's aircraft and keeping them outside until ATI gets an opportunity to use them is the best to avoid future problems. While the COO did say they would put aircraft where they would provide the highest returns, he is not so naive to not know he has a mixed number of work groups that can hurt the bottom line more than a couple of aircraft being sent out for a couple years.

While being run as separate companies under one umbrella, if not able to work together as one then we are just asking and deserve for what may happen to us. IMHO