.....Wonder if their is a market for Airline "Repo Guys" like you see on TV for the Automobile "Repo Guys"..... H'mm, with the state of the Airlines, the (airline) Repo biz could be something profitable, just a bit more complicated, since you can't just hook up a wrecker to a 777 and tow it to parts unknown..... Bryant Petitt Cumming, GA --- "Michael A. Burris" <yul@prodigy.net> wrote: > AIRLINE: > > I imagine this was terribly embarrasing for the > airline. I recall an incident like this happening > to > Aeroflot and like them, I'm sure the leasing company > contracted a third party agent, as well as an > attorney, presented the necessary paperwork to the > Varig office in Paris and then, got a handler who > probably made sure the aircraft was empty, hooked it > up and pushed it out to some storage area until the > appropriate monies are paid. Correct? > > Mike Burris > Cambridge, Massachusetts > > > -- Brian Rynott <latinaviation@hotmail.com> wrote: > > Brazil Varig says leasing firm seizes jet in Paris > > Thursday January 30, 2:14 pm ET > > > > > > SAO PAULO, Brazil, Jan 30 (Reuters) - Brazil's > > beleaguered flagship airline > > Varig (Sao Paolo:VAGV4.SA - News) on Thursday said > > International Leasing > > Finance Corporation (ILFC), owned by U.S. insurer > > AIG (NYSE:AIG - News), had > > seized a Boeing 777 in Paris that the carrier was > > leasing. > > > > It is the first plane operated by Latin America's > > largest airline to be > > seized by a leasing company and comes as the > > lossmaking 75-year-old carrier > > struggles to pay off its big debts amid a slump in > > the global aviation > > industry. > > > > "The only thing that I can confirm is that there > was > > a seizure of a plane," > > said Sylvia Leccia, from Varig's press and > marketing > > department in Paris. > > > > "As you know Varig is a serious company that has > > been around for 75 years," > > she said. "It's clear we are in the storm like all > > airlines, but that we > > have always honored our debts." > > > > She said Varig's head office, whose press > department > > also confirmed the > > seizure, was currently negotiating with > > representatives of the ILFC over the > > plane in Charles de Gaulle airport. > > > > A Varig spokesperson in Brazil said passengers' > > travel plans would not be > > affected by the seizure and they would continue on > > their journeys on another > > aircraft. > > > > The jet, a 220-passenger Boeing 777, flies the > Porto > > Alegre, Sao Paulo, > > Paris, Amsterdam route, and had been leased since > > 2001, Varig said. > > > > Varig has suffered along with other Brazilian > > airlines in the last year as > > the Sept. 11 attacks and an economic slump hit > > demand for flights, while a > > slump in Brazil's currency magnified its > > dollar-denominated fuel and jet > > leasing costs. > > __________________________________________________ Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now. http://mailplus.yahoo.com