Originally published March 10, 2009 at 12:00 AM | Page modified March 10, 2009 at 8:51 AM
Comments (0)
E-mail article
Print view
Share
Mexican airline to lease Boeing 717s returned to plane maker's financing arm
Boeing will lease to a Mexican airline all the 717 jets returned to its Boeing Capital Corp. jet-financing unit by Midwest Airlines last September.
Seattle Times aerospace reporter
Boeing will lease to a Mexican airline all the 717 jets returned to its Boeing Capital Corp. jet-financing unit by Midwest Airlines last September.
For Boeing Capital, the deal eases the burden of owning idle aircraft with no revenue coming in. The 717s were hard to place because they were originally developed by McDonnell Douglas and are out of production.
Mexicana Group will lease a total of 25 717s and operate them as part of its low-cost carrier unit called Mexicana Click, Boeing Capital said Monday.
Boeing will provide training and spare-parts support to the airline.
Financially troubled Midwest, based in Milwaukee, last year returned 16 of the 25 717s, and Boeing has the option to ask Midwest to return the remaining nine aircraft.
Boeing spokesman John Kvasnosky said the company has not decided whether it will take the remaining nine 717s for Mexicana from Midwest or get them elsewhere. "We have other options," he said.
Copyright © 2009 The Seattle Times Company
More Boeing/Aerospace headlines...
E-mail article
Print view
Share
Latest Boeing layoff includes 458 Machinists
Money's short to pay for new Boeing, Airbus jets, experts warn
Jet financiers see production cuts coming through 2011
Open Houses
|
Find this weekend's open house listings.
Or search by location:
|
nwautos
Associated Press Study: Fatal crashes down in Washington Last year Washington's roads were the scene of the fewest fatal crashes since 1955. According...
Post a comment
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
Five reasons to stick with a job you hate -- for now
Post a comment
- Alaska Air dropping Jones Soda beverages, going back to Coca-Cola
- Man found shot dead in pickup truck in Seattle
- Seattle is first U.S. stop for Picasso exhibit
- Husky Football Blog | Pac-10 expansion to get consideration over next year
- Idol Confessions | "American Idol" hopeful from Seattle didn't make it to Hollywood afterall
- State Senate votes to clear way for tax increases
- Belltown boulevard could be completed by early next year
- Nicole Brodeur | Chrisceda Clemmons' house wasn't the only casualty
- Brier Dudley's Blog | Google rolls its own Facebook & Twitter with Gmail "Buzz"
- Sex, drug rumors swirl about N.Y. Gov. Paterson
- Republicans may be no-shows at health-plan summit 278
- Pac-10 expansion to get consideration over next year 249
- State Senate votes to clear way for tax increases 248
- Lee undergoes foot surgery 231
- Obama: GOP and Dems together can spur job growth 210
- Fort Lewis soldier charged with abusing 4-year-old, holding her head in water 193
- Rivals names Martin one of Pac-10's best recruiters 143
- Belltown boulevard could be completed by early next year 127
- Bus-tunnel attack while guards watched prompts review of Metro security 95
- White House mocks Sarah Palin from podium 91
- Seattle is first U.S. stop for Picasso exhibit
- 747-8 soars smoothly on first outing
- City, Vulcan push higher South Lake Union height limits
- Commentary: Microsoft's creative destruction
- Snap out of your photo funk: How to make sense of all those piles of images
- Wine Adviser | Oregon's quality pinots join the bargain ranks
- Belltown boulevard could be completed by early next year
- Jerry Large | Learning not to copy China
- All You Can Eat | Portage chef Vuong Loc takes Cremant space in Madrona
- Rigorous college-prep classes skyrocketing in Washington state
