Canada Jetlines CEO replaced

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URC
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Canada Jetlines CEO replaced

#1 Post by URC » Thu Jun 01, 2017 4:15 pm

VANCOUVER, BRITISH COLUMBIA, Canada Jetlines Ltd. (TSX-V: JET) (the “Company” or “Jetlines”) today announced that its Board of Directors has implemented changes to its leadership team and appointed Stan Gadek as Chief Executive Officer, succeeding Jim Scott. The changes, which are designed to help accelerate the Company’s strategy of becoming Canada’s first genuine ultra-low cost carrier, take effect immediately.
http://www.jetlines.ca/announcements/

Anyone up on the gossip over at Canada Jetlines ? Wasn't Canada Jetlines Jim's idea and the driving force behind it ? Now it appears he has left the company, and not by choice ?

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Re: Canada Jetlines CEO replaced

#2 Post by Old fella » Thu Jun 01, 2017 5:52 pm

They still around......... thought they were to be up and running two summers ago if my memory is correct.
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Re: Canada Jetlines CEO replaced

#3 Post by URC » Fri Jun 02, 2017 9:13 am

thought they were to be up and running two summers ago if my memory is correct.
When they first went to the media back in November 2013 they said the plan was to have 2 Airbuses flying by the fall of 2014 and planned to have 16 by 2017. Probably why he is no longer there ? Although to his credit he did help get the foreign ownership laws changed and spooked WestJet enough to go and try to start a ULCC.
WestJet CEO Gregg Saretsky told the Greater Vancouver Board of Trade June 1 that plans for WestJet’s new low-cost carrier are coming along and that a name for the new carrier will be announced in the next few weeks.

He told a media scrum after that speech that he respects Jetlines despite its management shuffles and delays.

“We learned a long time ago to always take everybody seriously, even when maybe you shouldn’t have to,” Saretsky said.

“I think that Jim’s departure – I don’t know the reasons behind it. It’s never good when a company loses a leader at the top. It signals either a different direction or an upset for a different reason. I won’t speculate on that.”
https://www.biv.com/article/2017/6/cana ... t-takeoff/

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Re: Canada Jetlines CEO replaced

#4 Post by Air.Field » Fri Jun 02, 2017 4:24 pm

Wonder if he'll end up running WS ULCC
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Re: Canada Jetlines CEO replaced

#5 Post by Bede » Sat Jun 03, 2017 2:09 pm

No, Bob Cummins was tapped to run WS ULCC.
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