Viva's First 727's??

latinaviation

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Jan 6, 2002
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It could be a sales-leaseback arrangement, maybe to pay down debt with World Fuel? I've never heard of an arrangement where a fuel company would make you sign over the airplane without cause. World Fuel is aggressive in collections and the State of Florida is the only state that allows a lien on an airacraft for unpaid fuel.
 

Art2Gecko

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Apr 1, 2003
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Well, perhaps I misspoke on the terminology, but there was a change in the database for those planes, is what I meant.

So why do you suppose a lien would be placed on those 4 planes, all on 7/8/03??
 

Juan

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Apr 22, 2003
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Art2Gecko said:


So why do you suppose a lien would be placed on those 4 planes, all on 7/8/03??

Could be they are asking for an increase in their credit line
 

latinaviation

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I don't think that's an increase in credit, I think that's non-payment. It could be they worked out the terms of payment using the aircraft for collateral, in which case it wouldn't affect Falcon/Aeropostal's operation.