| Wednesday, January 17, 2007 |
| Six Airbus A330-200Fs for Flyington Freighters |
The Deccan Chronicle promoted cargo airline firm Flyington Freighters will pick six A330-200F aircrafts from Airbus Industrie, at an estimated cost of $1.1 billion. According to a report, the initial capital outlay for the freight company estimated at $15 million, will come from the promoters.
Signifcantly, Flyington Freighters has become the first cargo airline to order Airbus Industrie's latest freighter A330-200F. With the agreement signed for airing the aircraft, Flyington Freighters expect the first aircraft to join its fleet in the second half of year 2009. It may be recalled that the air cargo company had initially planned to start its cargo operations by December 2006.
According to the Flyington Freighters top brass, the order was placed with Airbus as it offers significant operational benefits and suits Flyington's business model. The A330-200F is the only mid-size, long-haul all-cargo aircraft capable of carrying 64 metric tonne over 4000 nautical miles. The A330-200F offers 30 per cent more volume than any freighter in its class.
Interestingly, no domestic company is currently involved in international cargo airline services. While Blue Dart Aviation is the only domestic player in cargo airline segment, Courier company First Flight had made its entry into the sector recently with three leased aircraft during year 2006.
Flyington Freighters will have Hyderabad as its cargo operations hub . It plans to operate to China, the Far East, Hong Kong, Japan, Malaysia, Middle East, Los Angeles, New York and Europe.Labels: Business |
| posted by a correspondent @ 10:30 AM |
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