Alan B. 5 Report post Posted May 17, 2009 In the NST today, Global Air Sdn Bhd is looking for Tech Crew rated for B747-400 and B727-200 and Cabin Crew with B747-400 or wide-body experience. Any information about this airline? Not really the best time to start an airline is it? Plus the B747-400 is large plane to fill and the B727-200 is a fuel guzzler. Share this post Link to post Share on other sites
Lam 0 Report post Posted May 17, 2009 Global Air To Invest RM700 Million To Lease Eight Aircraft KUALA LUMPUR, July 31 (Bernama) -- Global Air Tourism Airline, a wholly-owned subsidiary of Global Industries Inc Sdn Bhd (GII), plans to invest about RM700 million to lease eight aircraft for three years. Its managing director/chief executive officer, Zamri Ibrahim, said the investment would be financed through bank borrowings and internally-generated funds. "As a chartered airline, we will focus on umrah and haj market as well as tourism business. Our clients are mainly travel agencies worldwide," he told reporters at the signing of the aircraft leasing agreement between the company and Air Smith Inc of Florida US and seat-purchasing agreement between Global International Travel and Tour Sdn Bhd (GITT) and Gemilang Travel & Tours Sdn Bhd and Skymatt Travel & Services Sdn Bhd, here Thursday. GITT, a wholly-owned company of GII, is engaged in travelling business. Zamri said as a start, the company, which was expected to kick-off its operations this September, would use Malaysia as a hub to carry 70,000 pilgrims from Indonesia and Thailand to Jeddah or Medina from Kuala Lumpur International Airport. "We will receive our first leasing aircraft, a wide-bodied Boeing 747-200, in September and the second, Boeing 767-200ER, in December this year. "The leasing of these two aircraft will be for a five-year period and within this time we are also going to add another six more aircraft for the purpose," he said. Zamri said the airline expected to record RM260 million in revenue in the first year of operations, of which 60 percent would come from umrah and haj businesses and the remaining of 40 percent from tourism. Asked on the impact of oil price increase on the company's operations, he said: "We focus only umrah and haj market mainly from Malaysia, Indonesia and Thailand. We don't see any impact as our aircraft are already booked by the travel agencies in advanced. So, the payments are settled earlier." -- BERNAMA Share this post Link to post Share on other sites
Norman 1 Report post Posted May 17, 2009 Hang on guys.... Check out this topic first... Global Air -- Share this post Link to post Share on other sites
Alan B. 5 Report post Posted May 17, 2009 Thanks Lam and Norman. Looks like change of plans from 747-200 and 767. Will it work? Time will tell. Share this post Link to post Share on other sites
