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Post by ff on Oct 17, 2017 9:48:58 GMT 1
This article did say "Transaero signed a firm order for the A380s in 2012." It is likely that Transaero re-financed the four jet through VEB-Leasing between 2012 and 2015, so VEB became the owner and actually paid that $237 million deposit. If I remember correctly, one order was cancelled by Airbus, three were transferred to Air Accord. A possible explanation would be that the refinance agreement was for three frames only, but a380fanclub's text in Russian above says 'four'. My guess, only my guess, is that by the time Transaero went into trouble, the production of the first two frames were well underway, and parts for the third frame were already started in the supply chain. Either there was an agreement between Airbus and VEB-Leasing to cancel the fourth frame without penalty (to save the first three orders) or the fourth frame literally not started any production, the cancellation has no (or very little) cancellation penalty. So the vast amount of deposit is sitting on the first three frames. At the current climate, it is really difficult for anyone to shift an A380 order, especially Russian lessor normally only operate in Russian. I think (my own opinion only) the best solution for VEB-Leasing would be get in with any airlines already have some options on A380 (like BA) to provide the frames with finance, otherwise the airline may not transfer their options to order. That is the only win-win solution for all parties. BA do need some capacity after 2023, when majority of (28 out of remaining 36) Boeing 744s retire. - just my wishful thinking.
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Post by peter on Oct 17, 2017 9:56:45 GMT 1
No parts were ever seen with msn 212 stamped on, so I doubt production went further than some metal-cutting. The third, as far as we know here, was not even given an msn.
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Post by ff on Oct 17, 2017 14:19:14 GMT 1
No parts were ever seen with msn 212 stamped on, so I doubt production went further than some metal-cutting. The third, as far as we know here, was not even given an msn. Agree, but we haven't seen them doesn't mean they've never happened. And deposit down payment normally happens way before the first metal been cut at the supply chain, not just at Airbus plant.
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