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Old 04-22-2010, 03:32 PM
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Default Arrow Air Cargo

What is the latest on Arrow Air. There is some rumor here in South Florida that they are about to close the doors, or perhaps merge with Centurion cargo
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Old 04-22-2010, 04:16 PM
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no the last thing or news was, that centurion pull out the bid, waiting for arrow to close and buy it for less money.

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Old 04-22-2010, 09:14 PM
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What happened to the plans of getting the A330F? Or did I dream that up?
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Old 04-23-2010, 07:44 AM
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The 330's were purchased by Matlin Patterson the hedge fund that "owns" Arrow - they also did own ATA - and still own North American and World -

If Centurion is not bidding they'd be closing doors soon and the 330's will either head to NAA or World or their options will be sold to the highest bidder. Welcome to world of airlines owned by hedge funds.
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Old 05-11-2010, 12:18 PM
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Word on the street is that Centurion bought them finally today,they (Arrow) will operate as is for a few months then tranfer some pilots and all asets to Tradewinds then close Arrow for good by Oct. Also according to the van driver helper Florida West is next on the crosshair scope, this he says because of some meeting between Alfonso Ray and Maloney in Santiago Chile.
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Old 05-25-2010, 01:37 AM
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Any updates? What's the current status for Arrow?
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