Todos
← Back to Squawk list
Low-Cost Startup Avatar Airlines intends to order 30 Boeing 747-8s
Boeing recently received a Letter of Intent from Avatar Airlines, an American low-cost airline for the purchase of 30 brand new 747-8 passenger version aircraft. Avatar Airlines is a brand new low-cost startup airline which is planning to operate low-cost flights to major city pairs throughout the U.S. and Hawaii. Avatar Airlines will begin its operation with 14 747-400s transitioning to the 747-8, considering it to be the ideal replacement for the 747-400s. (simpleflying.com) Más...Sort type: [Top] [Newest]
This venture has a 0% chance of taking delivery on any of those planes. Does anyone really figure these people have found a way to make money flying a four engine jet that every other airline in the US has somehow overlooked? No one flew 74s on short routes, even when there were lots of passenger 74s in the sky.
Unfortunately, you are right.
Apparently, some kind of stock swindle/scam/hoax.
Here's the back story: https://en.wikipedia.org/wiki/Family_Airlines
I'm guessing this article (and others like in on the Internet) were prepared using "press releases" from the firm in question.
Here's the back story: https://en.wikipedia.org/wiki/Family_Airlines
I'm guessing this article (and others like in on the Internet) were prepared using "press releases" from the firm in question.
They were prepped based on the LOI which is fair enough. We’ve seen many airlines make crazy declarations before and know they won’t happen but does that mean it shouldn’t be covered?
Not without some careful sifting and judicious commentary, which is what used to be called good journalism.
I wish them well and Boeing can certainly use the 747-8 orders, but the chances of long-term success for this venture are low.