Is ABX taking more ASTAR routes???

[abxdx]

http://www.rttnews.com/sp/Quickfactsnew.asp?date=12/26/2007&item=79

For your reading pleasure...

There are several other articles out there also.

 

[hvydriver]

Perhaps. Who knows with the Fatherland?

 

[shooter]

Before anyone says the routes are ones now covered by Astar or ABX, we need to know where they will be operating to. I am confused as to the wording in the release. The first breath says:

The agreement covers two 767-200 freighter aircraft that are not among ABX Air's 29 767s already dedicated to DHL service.

Then the second says:

One of them has operated on behalf of DHL for most of 2007 under an agreement that expires at the end of this year.

So is this just a "new" contract for 1 767 and renewal of the second?

 

[hvydriver]

That's what it sounds like to me too, Shooter.

 

[Jurassic Jet]

I would guess Houston and either Boston, Miami, or JFK.

 

[356emain]

It is Houston, Boston, Jfk, San Juan

 

[oldawg]

The next question is, where will ABX find the crews to support this expansion? All of its upcoming 767 training is for KIX or Miami charters.

 

[jj42]

Great. So ABX is providing new aircraft to DHL while Astar is selling theirs off.

http://speednews.com/EquipmentDetail.aspx?EquipID=58905&CompanyID=12929&Type=Aircraft

 

[scarface]

Round and round she goes and where she'll stop nobody knows.

 

[LarryinTN]

ABX has been operating one 767 for DHL to Houston (I think) outside of the ACMI. It was a separate charter at higher than ACMI rates. That charter was set to expire at the end of the year. That flight will now become part of the ACMI contract at normal ACMI rates.

One additional 767 is entering the ACMI agreement and will fly BOS, night and day. Two more additional 767s are in the works for SJU and JFK but are not finalized at this point.

The DC9s are also picking up an MSP (possibly day and night), PIT and two to BWI. Not sure when these will be finanlized but have seen extra sections to MSP in the computer.

"Crews? We don't need any crews. We'll just junior man some more!"

 

[Fly Astar Jets]

Great. So ABX is providing new aircraft to DHL while Astar is selling theirs off.

[URL]http://speednews.com/EquipmentDetail.aspx?EquipID=58905&CompanyID=12929&Type=Aircraft[/URL]

This also from speednews.com:

1985 Boeing 767 - Contact Seller
Aircraft Category: Commerical Jet Aircraft
Aircraft: 767
Aircraft Type: -200ER
Manufacturer: Boeing
Model: 767
Engines: JT9D-7R4E
TT: 57666
Available: January 1, 2008
MSN: 23307
MTOW: 344,275
Configuration: Pax
TC: 20,254
Year: 1985
Stage: III
Availability: Sale
Listed: 12/4/2007
Last Modified: 12/4/2007




Seller: ABX Air, Inc.
ABX Air, Inc.
145 Hunter Drive
DHL Air Park,
Wilmington, OH US
937 382-5591 E 63024 937 366-3201
[email protected]
Contacts: Bill Brown ([email protected]), Bill Hagedorn ([email protected])


Plus 4 listings for the DC-8-60's. No listings for the DC-9's though.

 

[GoABX]

Perhaps the 76 is the one the Chinese lied to us about?

 

[hvydriver]

Correct GoABX.

 

[scarface]

How did the Chinese 767 not spec out?

 

[ABXbooger]

Amazing, simply amazing. How does a publically traded company not protect themselves from something like this happening? This should thoroughly embarrass management.

 

[Fly Astar Jets]

Amazing, simply amazing. How does a publically traded company not protect themselves from something like this happening? This should thoroughly embarrass management.

Sorry to tell you Booger, but our E-Team has the "embarrassed" market cornered but they don't know it yet.

 

[TWA]

Amazing, simply amazing. How does a publically traded company not protect themselves from something like this happening? This should thoroughly embarrass management.

What happened??? Did abx mechanics not do a prebuy on it?

 

[erichartmann]

What happened??? Did abx mechanics not do a prebuy on it?

They did. Rumor and I emphasize rumor, has it that the airplane was not as inspected when they went to pick it up. Rumor also has it that for political reasons the decision was made to go through with the purchase and then sell the dog, even though this would result in a loss.

 

[erichartmann]

ABX Air Inc. has acquired another Boeing 767 freighter from Delta Air Lines and is paying for it with a $15.75 million, 10-year loan from Chase Equipment Leasing Inc., the company said today in a filing with the U.S. Securities and Exchange Commission.

The money will also pay for modifications to the aircraft.

The loan is the seventh such arrangement ABX has made with Chase since August 2006 for acquisitions of 767 aircraft.

Wilmington-based ABX derives more than 90 percent of its revenue from DHL and is seeking to expand its business with other customers.

E-mail [email protected]. Call 528-4400.