This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Air Pacific Takes Delivery Of First New Airbus A330

NADI, Fiji, March 15, 2013 /PRNewswire/ -- Air Pacific (soon to be Fiji Airways) today announced that it had successfully taken ownership and delivery of its first-ever brand-new wide body aircraft, the Airbus A330-200.  

The aircraft is the first of three ordered by the airline in October 2011—the other two are scheduled to be delivered in May and November, respectively. The transfer of title and delivery ceremony was completed in Toulouse, France on Thursday March 14th with Airbus officials, Air Pacific executives, and Air Pacific's own aircraft delivery team.  

The delivery ceremony followed yesterday's announcement that the airline's international European banking partners had signed the financing agreement for the first of three new A330-200 aircraft it is purchasing, with a commitment to finance the two additional aircraft due to be delivered in May and November of this year, and plans by the airline to make early repayment of some initial Fiji National Provident Fund (FNPF) pre-delivery financing.  

"As we noted last year when we unveiled our new planes and new name, the introduction of our new A330 aircraft and re-branding of the airline are the capstone of three years of incredibly hard work by our entire team to transform and revitalise Fiji's national carrier and ensure it will be successful for another 61 years," said Dave Pflieger, Air Pacific's Managing Director and CEO.

"With the introduction of these fantastic new Fijian themed A330s, our passengers will finally be able to experience the kind of world-class comfort and state of the art cabins and in-seat entertainment that we and they believe should accompany our already award-winning customer service; service that itself will only get better when we become 'Fiji Airways' in June."

"In addition, and equally important, the introduction of new A330s, the most fuel efficient aircraft in their category, will also allow us to accomplish a long overdue modernisation of our fleet that will significantly reduce costs, increase revenue, and allow us to undertake even more growth in the future," he added.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs