Arrow Air Cargo
#4
Line Holder
Joined APC: Feb 2010
Position: 747-400 CA
Posts: 76
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.
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.
#5
Line Holder
Joined APC: Jul 2008
Posts: 70
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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