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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Files of corruption and waste of money in Iraqi Airways (3)

    Rocky
    Rocky
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    airways - Files of corruption and waste of money in Iraqi Airways (3) Empty Files of corruption and waste of money in Iraqi Airways (3)

    Post by Rocky Mon Nov 07, 2022 7:09 am

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    [size=52]Files of corruption and waste of money in Iraqi Airways (3)[/size]

    [size=45]Spending an incredible amount of up to 14 million dollars to repair the engine of the plane[/size]
    [size=45] Iraqi Airways intentionally disrupted its aircraft to operate “Fly Baghdad”[/size]
    [size=45] In the third and final part, Al Mada will present documents on the appointment of experts with high salaries and the presence of technical problems in modern aircraft[/size]
    [size=45](Al-Mada) reveals the details of major financial corruption deals within the corridors of the Iraqi Airways Company, which is the largest airline in the country, and is owned by the Iraqi state.
    In the second part, the documents show the purchase of an engine for an aircraft in astronomical amounts, with the Iraqi Airways company deliberately disabling its aircraft in order to operate other aircraft belonging to the Fly Baghdad Company, with clear violations in an agreement concluded with a French company.
    Aircraft engine repair at a cost of 14 million dollars!
    A number of documents indicate that during the last Hajj period, the commercial department of Iraqi Airways confirmed its need for a parked plane during the period of Hajj and Umrah and other religious occasions, according to the contract (Hajj and Umrah).
    A document issued by the Iraqi Airways Company confirmed that the B747-400 had stopped service due to the recent accident of engine No. (4), and for the purpose of returning it to service, it must also be equipped with engine No. (2) due to the expiration of the period of implementation of the mandatory flyers on it, where there are qualification methods, which are:
    – The purchase of two engines. The price of one engine is estimated at approximately $7 million, and according to the electronic correspondence with the international companies attached, it was linked to sending the idle engines to an approved maintenance center for the purpose of making a full Umrah for them, which needs as a minimum period of implementation (3 months) without finding other symptoms and the cost of the engine will be The one ($7 million) due to the scarcity of global maintenance centers for this type of engine, and according to electronic correspondence with approved maintenance companies.
    Renting two engines The cost of renting one engine is approximately $150,000 as a lump sum value per month plus $2,500 for the value of each operating cycle of the engine.
    Against the background of the opinion of the technical committees, the company decided to lease two engines at a fixed estimated cost of payment of $300,000 plus the estimated one-time operating cost for both engines in the amount of $5,000. 14) million dollars, in the form of payments until receiving the engines after repairing them, or purchasing two engines at an estimated cost of 14 million dollars.
    Lease of aircraft from “Fly Baghdad” for $8 million,
    and documents obtained by (Al Mada) indicate that the Iraqi Airways company deliberately continued to disable aircraft during the Hajj and Umrah season, to operate the planes of the National Fly Baghdad Company, by leasing its planes for the benefit of the airlines. Iraqi.
    (Fly Baghdad document) number 1 only[/size]
    [size=45]Pressures to buy planes at high cost
    A book issued by the Contracts Department of the Iraqi Airways indicates the cost of purchasing 3 engines for a Boeing B737-800.
    According to the book, in the minutes of the Engines Purchase Committee, the price of one engine without accessories (BARE ENGINE) was set at (12,368,903) twelve million three hundred and sixty-eight thousand nine hundred and three components, and the prices of the engine are offered in three hundred and thirty-three dollars. The company's board of directors approved the purchase of complete engines with their accessories, while the purchase of engine accessories was not addressed through the agreement.
    While another document issued by the technical department shows the pressures exerted to expedite the purchase of engines despite the high costs, and the warning against the departure of aircraft that need maintenance from service.
    Violations in an agreement with a French company!
    In August 2019, Iraqi Airways entered into an agreement with CFM, a company incorporated under the laws of France and its registered office is located at 2, General Martel Valin Avenue, 75015 Paris, France and is owned by the American company General Electric, incorporated in New York and Safran Aircraft Engines, a company French.
    Documents obtained by (Al-Mada) indicate that the agreement includes general terms for the airline’s purchase of spare engines, related equipment and spare parts for the purpose of supporting the fleet of Iraqi Airways, whose engines were manufactured by CFM, and Boeing manufactured the aircraft for the purpose of supporting the fleet of Iraqi Airways. From 30 aircraft of the type B737-800 that operate on CFM56-7826E engines, and since the customer’s fleet decreased from 30 aircraft of the type B737-800 that operate on CFM56-7B26E engines, to 14 aircraft of the type B737-800 that operate on CFM56-7B26E engines, and as Iraqi Airways was unable to On receipt of 7 new CFM56-7B26E spare engines from the contracted 9 spare engines and whereby CFM is authorized under the Letter of Agreement to demand Iraq cancellation costs of 15% of the spare engine price (minimum cancellation costs) of $11,994,$363 for the cancellation of seven spare engines and that the two parties wish to amend the letter agreement for the purpose of modifying the number of aircraft and spare engines and amending certain commercial terms and conditions in the letter agreement.[/size]
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