Details of Airbus A320 Aircraft Offered on Lease to PIA

[Abbas Ali]

Details of Airbus A320 aircraft offered on dry lease to PIA by International Lease Finance Corporation (ILFC), BOC Aviation, Aviation Capital Group - ACG.

CIT Aerospace offered a Boeing 737-800.

These aircraft meet PIA tender requirements including year of manufacture, delivery schedule, seating configuration.

PIA had sought to lease five narrowbody jets under tender notice published in local newspapers on September 26, 2012.

5 x Airbus A320 aircraft offered by ILFC


Aircraft Type: Airbus A320-232
Construction Number: 2922
Year Built: 2006
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Kingfisher
Last Known Registration: VT-ADR
Monthly Rental: $ 215,000


Aircraft Type: Airbus A320-232
Construction Number: 3012
Year Built: 2006
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Kingfisher
Last Known Registration: VT-DNZ
Monthly Rental: $ 215,000


Aircraft Type: Airbus A320-232
Construction Number: 3089
Year Built: 2007
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Kingfisher
Last Known Registration: VT-KFT
Monthly Rental: $ 215,000


Aircraft Type: Airbus A320-232
Construction Number: 3105
Year Built: 2007
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Kingfisher
Last Known Registration: VT-KFV
Monthly Rental: $ 215,000


Aircraft Type: Airbus A320-232
Construction Number: 3270
Year Built: 2007
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Kingfisher
Last Known Registration: VT-KFX
Monthly Rental: $ 215,000

5 x Airbus A320 aircraft offered by BOC Aviation


Aircraft Type: Airbus A320-232
Construction Number: 2156
Year Built: 2004
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Jetstar Asia
Last Known Registration: 9V-VLE
Monthly Rental: $ 215,000


Aircraft Type: Airbus A320-232
Construction Number: 2164
Year Built: 2004
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Jetstar Asia
Last Known Registration: 9V-VLF
Monthly Rental: $ 215,000


Aircraft Type: Airbus A320-232
Construction Number: 2395
Year Built: 2005
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Jetstar Asia
Last Known Registration: 9V-JSC
Monthly Rental: $ 221,000


Aircraft Type: Airbus A320-232
Construction Number: 2401
Year Built: 2005
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: Jetstar Asia
Last Known Registration: 9V-JSD
Monthly Rental: $ 221,000


Aircraft Type: Airbus A320-232
Construction Number: 2602
Year Built: 2005
Powerplant: International Aero Engines IAE V2527-A5
Last Known Operator: TAM
Last Known Registration: PR-MAX
Monthly Rental: $ 255,000

1 x Airbus A320 aircraft offered by Aviation Capital Group - ACG


Aircraft Type: Airbus A320-214
Construction Number: 2011
Year Built: 2003
Powerplant: CFM International CFM56-5B4/P
Last Known Operator: Orbest Orizonia
Last Known Registration: EC-INZ
Monthly Rental: $ 230,000

1 x Boeing 737-800 aircraft offered by CIT Aerospace


Aircraft Type: Boeing 737-8BK
Construction Number: 33014
Year Built: 2003
Powerplant: CFM International CFM56-7B26
Last Known Operator: Jetairfly
Last Known Registration: OO-VAC
Monthly Rental: $ 300,000

Source: PIA Bid Evaluation

Abbas

[Vaqar Khan]

So, on the face of it ILFC bid seems to be the most competitive in terms of pricing and age of aircraft!!!

[Hamad]

So, on the face of it ILFC bid seems to be the most competitive in terms of pricing and age of aircraft!!!

I agree I also think that overall ILFC offers the best conditions

[Abbas Ali]

Aircraft offered by CIT Aerospace is a Boeing 737-800. I've made correction and added information about that Boeing 737 airframe.

PIA may opt to acquire Jetstar Asia A320s offered by BOC Aviation because of reports against poor maintenance practices used by Kingfisher for its A320s.

Abbas

[Amaad Lone]

How does PIA make sure these nine or eight A320s lease this year dont end up parked on the tarmac of Jinnah International, awaiting spare parts, just like a large part of the fleet in service today.

[Adnan Anwar]

How does PIA make sure these nine or eight A320s lease this year dont end up parked on the tarmac of Jinnah International, awaiting spare parts, just like a large part of the fleet in service today.

I love it, Karachi airport was turned into junk yard by the Aero Asia's BAC 111s and then Shaheen's Tupolev 154 at one time and then most graciously PIA's PPP jiyalas did the honours of creating a master piece of 5 or 6 A310s parked as junk. This gets better and better.

Back to the Original point of Amaad, No gaurantee PIA jiyalas won't decorate the Karachi airport with mothballed A320s now.

[Abbas Ali]

Delivery of Airbus A320 aircraft to PIA will begin in a couple of months' time, according to statement of Chairman PIA.

The A320s will help PIA in improving airline's flight schedule, frequencies and performance.

Source: PIA Press Release (February 1, 2013)

[Abbas Ali]

Apparently news report about delivery of four Airbus A320 aircraft to PIA by the end of March.

PIA to induct four new aircraft next month

February 06, 2013

ISLAMABAD: MD Pakistan International Airlines (PIA) Junaid Younis said modern airplanes would be inducted in the PIA fleet by next month.

During a briefing to special committee of the National Assembly headed by Samsam Bukhari on Wednesday, the PIA MD said that with the new inductions, the PIA would save Rs20 billion a year on account of fuel consumption.

Source: The News

Abbas

[taha_imran4]

http://www.facebook.com/photo.php?fbid= ... =1&theater
Official PIA page posted this a few moments ago.
Not bad eh?

[mac777]

when are they coming?any latest news?

[aj357]

i saw a couple of posts on facebook (unofficial palpa page) that claim the order is being revised yet again and this time PIA is gona go for 320s manufactured in 2012 with cfms.
Does anyone know if this is the case?

[Abbas Ali]

ISLAMABAD: The National Assembly's Special Committee has termed the Pakistan International Airlines' (PIA) financial and administrative restructuring plan as “non-starters and the members called it “a move heading for another loss-making venture."

The special committee's meeting chaired by the Minister of State for Information Samsam Bukhari, noted that the losses faced by the national carrier were mainly due to mismanagements, lack of vision and attitude problem at both ends including the management and unions.

The business plan prepared by the PIA faced another setback when it was noted that the five new A320 that the PIA intends to get on dry lease were more than three times costlier than the open market offers. The committee was informed that the PIA would be getting five Airbus 320 at $36.8 million, with financing from Bank of China.

While, former PIA chairman Shahid Khaqan Abbassi and private airlines Air Blue CEO, even went on to offer brand new aircraft at lease to PIA at half the price.

He was responding to the presentation made by PIA CFO Aftab Ahmed, regarding the business plan for revival of PIA.

Last week I had two brand new A320 at $2 million each and look at your rates it is more than $7 million each, he said, You are starting with a loss.

The PIA CFO explained that they had to abide by the Public Procurement Regulatory Authority (PPRA) rules and they were not in a position to negotiate.

The members of the committee expressed dissatisfaction over the intended deal and said that PIA should rather go for re- tender or approach PPRA with some realistic approach.

Source: Daily Times

[mac777]

so another flip-flop
so it seems these narrow bodies will never come!
i guess the 7 million is the deposit or total price for the lease.
well have to agree -ppra rules are ridiculous

[jam2k94]

I am working as procurement head in one of private company in Kuwait and this is our daily routine to duty to negotiate with the suppliers for better prices. I have no idea about the PPRA rules for procurement but the point is that these are man made rules and not the verses of Quran which will never change. If there are some problems or technical issues, the concerned dept. must approach to the relevant authorities for necessary amendments.

What I feel is that the person will negotiate only when he or she had to pay from his pocket and doing this he or she will ignore all the rules. But as in this case the money had to be spent from the pocket of the tax payers, no body will bother for negotiation or try to get release from PPRA authorities by providing enough documents.

[Foxtrot.Romeo]

ECC approves new aircraft for PIA on dry lease
Posted about 29 mins ago | Onepakistannews

KARACHI, The Economic Coordination Committee (ECC) of the Cabinet has accorded in principal the approval for the acquisition of newer narrow body aircraft on dry lease which will improve PIA s schedule reliability as well as save on fuel costs, PIA spokesman said here on Tuesday.

The ECC also approved the extension in all GoP guarantees as requested by PIA and has also approved the airline s management request to provide support for additional funding to provide fiscal space to the Corporation.

The ECC meeting was chaired by Federal Minister for Finance and Economic Affairs Saleem Mandviwala whereas Minister of Defence Syed Naveed Qamar, Secretary Defence and Chairman PIA Lt. Gen (Retd) Asif Yasin Malik, Managing Director PIA Muhammad Junaid Yunus and Chief Financial Officer PIA Aftab Ahmed were also present.

The ECC took up PIA s request to extend expired and expiring GoP guarantees and fresh funding for the acquisition of new aircraft on dry lease.

PIA presented an interim Business Plan for the period 2014-18 which was highly appreciated by ECC and the strategic direction envisaged by the new management in turning around the airline in due course of time. The ECC also provided valuable comments and desired that a monitoring mechanism should also be put in place.

Finance Minister Saleem Mandviwala advised that the Ministry of Finance will carry out the monitoring on behalf of GoP.

Source: http://pakistan.onepakistan.com.pk/news ... lease.html


ISLAMABAD: Economic Coordination Committee (ECC) has decided to raise the margin of Oil Marketing Companies and dealers on petrol and diesel, Geo News reported.

The meeting of ECC, presided over by Finance Minister Salim Mandiwala held here on Tuesday and deliberated on raising the margin and later approved it.

With this raise, margin has been increased to Rs2.23 from Rs0.25 and Rs1.86 from 10 paisa for marketing companies on petrol and diesel respectively.

Meanwhile, the dealers will get Rs.2.74 and Rs2.30 from 41 paisa and 10 paisa on petrol and diesel respectively.

ECC also approved Rs10 billion bank guarantee for PIA. This would be part of bailout package.


Source: http://www.geo.tv/GeoDetail.aspx?ID=89798