GA 215
CYPHER CAT A
FM HONG KONG 200351Z
CONFIDENTIAL
CONFIDENTIAL
TO ROUTINE F C O TELNO 642 OF 20 MAY 1978.
LEASED TRISTARS.
HKK184/.
fA
?? MAY 1978
DAIK OFF ER
INDEX
PA
42.51
285
Action lake
No do
CPA HAVE NOW SIGNED A CONTRACT WITH EASTERN AIRLINES FOR
THE LEASE OF UP TO FIVE L1011-1'S WITH DELIVERY DATES AS FOLLOWS:
OUT OF SERVICE
JULY 81
JULY 82
INTO SERVICE
LEASED TRISTAR NO 1
NO 2
JANUARY 79
NOVEMBER 79
NO 3
FEBRUARY 80
NO 4
OCTOBER 80
JULY 83
NO 5
JANUARY 81
JANUARY 83
JANUARY 84
2. THE BASIC LEASE IS FOR A TERM OF THREE YEARS FOR EACH AIRCRAFT,
WITH THE ABILITY BUILT IN FOR CPA TO EXTEND THE TERM TO FOUR OR FIVE YEARS OR TO REDUCE IT TO ANY SHORTER PERIOD INCLUDING THE POSSIBILITY OF CANCELLATION. IN OTHER WORDS, THE CONTRACT DOCUMENT PROVIDES TOTAL FLEXIBILITY FOR CPA IN TERMS OF NUMBERS OF
AIRCRAFT AND LENGTH OF LEASE.
3. THE MANUFACTURERS SERIAL NUMBERS OF THE FIVE AIRCRAFT INVOLVED
ARE 1922, 1037, 1038, 1042 AND 1043.
4. CPA EXPECT TO PHASE OUT THEIR B707 FLEET ENTIRELY BY JANUARY
1981, ALTHOUGH IT IS STILL POSSIBLE THAT THEY MAY WISH TO RETAIN ONE OR TWO B707'S FOR A WHILE LONGER.
MACLEHOSE
FILES
MAED
HK & GD MR BUTLER MISS BROWN MR CORTAZZI MR MURRAY
CONFIDENTIAL