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jetsetfly
PostPosted: Tue Nov 15, 2011 8:57 pm 
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-WestJet likely to expand into 2nd fleet type - CFO

* Currently uses fleet of Boeing 737s

* Eyeing wide-body, regional aircraft types

Nov 15 - WestJet Airlines Ltd is likely to diversify from its current single-aircraft fleet type eventually, although no decision has been made at this stage, its chief financial officer said on Tuesday.

"It is likely that we, at some point, will move into a second fleet type. We study it continuously," said Vito Culmone, the CFO of Canada's second biggest airline.

He said WestJet was studying moves into the wide-body aircraft market as well as the regional aircraft market. At this stage it had no preference for either market.

WestJet operates a single fleet of Boeing Next-Generation 737 aircraft. The uniform fleet, which brings with it lower maintenance, training and other costs, is often cited as a major reason why WestJet's expenses are one-third lower than bigger rival Air Canada's .

Culmone's comments were made at the Scotia Capital transportation and aerospace conference in Toronto.


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twinpratts
PostPosted: Wed Nov 16, 2011 3:18 am 
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Location: The Wild Wild West.
Yawn.
Nothing new here... they've been saying this forever.

NEXT! :roll:


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Tiny Tyke
PostPosted: Wed Nov 16, 2011 7:46 pm 
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It's good for them to keep the rumour alive. It will keep the costs down when they go to Boeing to purchase additional 737s.


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CanadaEH
PostPosted: Thu Nov 17, 2011 7:32 am 
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Smaller. :wink:


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rudder
PostPosted: Thu Nov 17, 2011 2:49 pm 
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CanadaEH wrote:
Smaller. :wink:


Q400's.

Who will fly them? If WJ, what will pay scale look like? Will Q400 Capt pay same/more than 737 FO? Will there be 'freezes' to save training dollars? What will be the crew bases - surely more than YYC?

Lots of issues associated with a new equipment type, although it will open up many, many more routes/stations in Canada to WJ.


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CanadaEH
PostPosted: Fri Nov 18, 2011 4:12 am 
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I'll leave the guessing up to the quarterback CEO's.


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bombardierfixer
PostPosted: Fri Nov 18, 2011 7:42 am 
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Greg S said he wanted 50% of Canada. If this happens but as stated above we hear this every year soooo....My guess it will be Q400's. But like a ICL said "so why change, we are making money aren't we?"


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Pratt X 3
PostPosted: Fri Nov 18, 2011 3:38 pm 
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I'm still waiting for the PC-12 operation in Southern Ontario to start-up that is going to feed the Hamilton hub... :D


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legacy777
PostPosted: Sat Nov 19, 2011 1:59 am 
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787 ????


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ToolShed
PostPosted: Sat Nov 19, 2011 3:40 am 
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A350s. There is a photo of Westjet dude talking to Airbus at Farnborough on PPrune.


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Machiavelli
PostPosted: Sun Nov 27, 2011 8:53 pm 
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Is it KM? :lol:


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airmech07
PostPosted: Wed Dec 07, 2011 4:21 pm 
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If air Canada ditches jazz then jazz can do the flying. We would call them westjet express


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Armitron
PostPosted: Fri Dec 09, 2011 4:03 am 
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If air Canada ditches jazz then jazz can do the flying. We would call them westjet express


After a Jazz capt denied one of our pilots out of YDF the other day with 9 open seats, I dont think so. Its a unwritten rule you never deny a pilot trying to get to work out of a small base with tons of open seats. This guy had to wait another 10 hours to get out of there and lost a days pay. Hope this jazz guy tries to get on one of my WJ flights. Just a friendly reminder, as rules maybe rules next time i take two employees in the jump so one or two of you guys can get home.


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tailgunner
PostPosted: Fri Dec 09, 2011 3:03 pm 
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Armitron,
I am sure the Jazz skipper did not know it was a WJ pilot. He probably just assumed it was an AC pilot. We see this alot. :(


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KAG
PostPosted: Fri Dec 09, 2011 4:03 pm 
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Actually Jazz pilots also do this to themselves. I watched a YUL based crew do the same thing to one of their own pilots while I was in YDF working for Jazz.
It really pissed menoff then, and I see this crap is still going on.


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Mclovin
PostPosted: Fri Dec 09, 2011 5:38 pm 
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Guys let me apologize on behalf of the 99% of Jazz pilots who would let ANY pilot jumpseat with us. Yes there are and always will be that 1% who just have to be assholes. As an FO it can be frustrating to have to deal with some of these guys. But thankfully almost all the guys/gals at Jazz are decent. And crews denying company pilots is just wrong, that I will never understand.


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TopperHarley
PostPosted: Fri Dec 09, 2011 6:24 pm 
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When I was at Jazz, I had seen a few times where people were denied the j/s because of W&B issues. With a full load of pax, the RJ can be a pain in the arse to carry someone in the Jumpseat unless you have the right amount of bags and/or ballast.


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True North
PostPosted: Fri Dec 09, 2011 6:31 pm 
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Maybe it was a line check or line indoc. There are lots of reasons to not want someone in the jumpseat.


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Rotten Apple #1
PostPosted: Fri Dec 09, 2011 7:53 pm 
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If you list Reciprocal Jump Seat with AC/Jazz but don't get on, does anyone know the best/quickest/easiest way to get a refund from Air Canada? I waited too long (12 days) and now the Recip-Jump-phone-line-lady can't bring up the booking so I have now sent an email to the Refund Department (!). They auto-replied it might be 3 weeks before I get a response back.


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J Roc
PostPosted: Fri Dec 09, 2011 9:01 pm 
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If he was reciprocal jump-seat from WJ he would not be in the actual jump-seat but in the back. And if this actually happened because someone wanted to be an "arse" than this is truly unfortunate. Our boys in YDF are fantastic people who would always put 2 WJ employees in jump in order to squeeze a couple of Jazz pilots on board.

I've lost count of the number of times I've seen a captain fly a YYT-YYZ or YHZ-YYZ squat up against the controls with 2 in the jump so we could get a JAZZ pilot to work/home. I've never seen or heard of one of our guys denying a reciprocal jump. And I'm sure we would have grounds to do so, seeing how cramped it is with 4 people up there.

Pisses me off to hear about our guys/gals being treated that way, especially those guys!


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YYZatcboy
PostPosted: Fri Dec 09, 2011 9:58 pm 
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Future name for our Q Operation?

WestJet and EastProp :P


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J Roc
PostPosted: Fri Dec 09, 2011 10:35 pm 
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Our "Q" operation already has a name...Porter. :wink:


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J Roc
PostPosted: Sat Dec 10, 2011 1:36 am 
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...and out west we'll call it...hmmmmm...how about we call it CMA?


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pacman007
PostPosted: Sun Dec 11, 2011 2:47 pm 
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did westjet buy porter..thats what i have been hearing? seems likely?


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Realitychex
PostPosted: Sun Dec 11, 2011 6:35 pm 
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How do you value a business that has never made any money?

Any such negotiation would be extremely difficult, though not impossible.

The airplanes have a value to the owners (follow the money). The bricks and mortar have value, (again, follow the money).

What is "owned free and clear" and what is "owned, but financed"? Who financed the assets? What is their motivation, if any, to sell?

The perception of the value of everything else would run into problems especially as any acquiring carrier would have little need for any of the head office infrastructure or systems that duplicate existing structure. That's how costs creep.

If someone came to you with a business that had never made any money regardless of the product produced, what would YOU pay for it.

The answer, sadly, is "not much", especially if you are relying on others to finance it.

Banks won't be particularly interested in lending on a venture that has shown no ability to provide a return on capital. That only leaves potential Canadian owned and controlled acquiring entities who are sitting on sitting on a stack of surplus cashola who have plans to grow by acquisition rather than organically.

That doesn't leave many potential purchasers out there. However, at the right price, anything is possible.

In this environment, he who has the gold gets to have all the fun.

8)


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