Looks like MatlinPatterson canceled Airbus A330 orders

Posted in the Airlines Forum

Awareness

Seguin, TX

#1 Jul 30, 2010
When MatlinPatterson owened Global Aero Logistics earlier before the name change (again) which the still own,

MatlinPatterson ordered 6 A330 Airbus Aircraft for
VarigLog - which has been sold now
Arrow Air Cargo - which has been shut down by MatlinPatterson
or
World Airways - which is taking delivery of 2 leased 747's and 1 MD 11, out of storage.

SURE SOUNDS LIKE THESE AIRBUS A330 ORDERS ARE HISTORY.... ANYONE ABLE TO CONFIRM THIS???

http://www.airliners.net/aviation-forums/gene...

Things a little tight at MatlinPatterson?
Ask

Los Angeles, CA

#2 Jul 17, 2011
so does anyone know which airline took delivery of the 6 a330-200's MatlinPatterson ordered from airbus?

Was it Variglog, Arrow Air, or World Airways that finally got these planes. Or did MatlinPatterson not take delivery of these aircraft after all?

Seems like a lot of hot air was made over this purchase and then nothing more was heard.
Unemployment Advice

AOL

#3 Jul 17, 2011
Cut back on soda and drink ice tea and kool aid lemonade

Make skim and 1%-2% milk by buying whole milk and adding water

Vinegar to reduce Cholestoral
Ask

United States

#4 Jan 10, 2013
Kind of odd but I guess these aircraft were cancelled too
Ask

United States

#5 Jan 10, 2013
http://cargofacts.net/profiles/blogs/matlin-p...

The updated Airbus order and delivery summary through 30 June shows a number of changes regarding the A330-200F. Two of the freighters were delivered last month to BOC Aviation, one for end-user Yangtze River Express (its first A330-200F) and the second for end-user Hong Kong Airlines (its fourth A330-200F). Noteworthy is the removal from the backlog of an order for six A330-200Fs from Matlin Paterson (majority owner of Global Aviation Holdings, the parent of World Airways). Global is undergoing financial restructuring under Chapter 11 of the U.S. bankruptcy code. The Airbus order book now shows 52 firm orders for the A330-200F, with 13 delivered and a backlog of 39 units.

----

Looks like no fleet modernization here.
Prospective Pax

United States

#6 Dec 18, 2013
Wow this subsidiary organization must be hanging on by a thread. Shame the A330's never really had even the slightest chance at

Arrow, ATA, North American, or World.

The order for the Airbus' were all smoke and mirrors from the get go. Big talkers are a a dime a dozen in the Airline Industry, and I won't deny to being one 'em!

To great things that could have been.

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