Canada Jetlines

[boeingboy]

They've also changed types 3 times now.

First it was Airbus 318/319 - then it was 737 700's - now it's supposed to be 737-400's

Good grief!

[FL020]

That's because Flair will start em up!! Ulc to the max!

[loopa]

That's because Flair will start em up!! Ulc to the max!

To my knowledge, there's no correlation between Flair and Canada Jetlines. If there is this is the first I've heard of it. Flair is one of the better pay/lifestyle narrow body jet gigs you can score if your desire isn't WestJet or Air Canada. It's most likely one of the better 705 turboprop gigs available as far as pay/lifestyle/flow through to the jets.

I think working 10-15 days, making good coin, and being home almost every night is something that's pretty hard to beat. O/T starts at credit hours more favourable than the majors which generally adds up to anything over 15 days = OT. Great vacation package. Most of us have all of Christmas and all of new years off. Ultimately, the above seems to be what people chase after regardless of what paint scheme is coloured on the side of your plane and whether you're going to mmun or cal4 for the 20th time. The company is far from perfect, but the grass is greener here for the right individual.

I guess the only question mark would be what happens after 10 years when the Shell contract ends. But who knows, in 10 years aviation will be as different of a place as it was 10 years ago when none of the Jazz pilot's ever imagined the light of day would come when Georgian and Sky Regional would be doing their flying out east. Or I guess Shell pilot's and Flair's takeover.

The term "better" however is a purely subjective term that varies between each individual. What I may think is better doesn't have to coincide with what any one else thinks. But generally Flair is a good place to be which are also sentiments shared by the majority of the flight crew (including ex shell pilot's). You will have the odd duck that doesn't like it, was pfo'd, or fired, but you find those people anywhere.

Just trying to put an end to what seems like a purely speculated comment by FL020 about Flair and Jetlines having any correlation; specifically with regards to Flair being ULC. There isn't room for this kind of lifestyle and pay at a ULC FL020. Look at the us regionals. That's much closer to what ULC is like. Knock on wood none of us lives in a camper at the at the budget parking lot here in YLW or YYC operating on min rest. Or barely able to pay the bills sitting reserve in ORD and playing guitar on North Michigan Ave for coins.

[URC]

Any news ?

December 22 Press Release ...

Inovent and Jetlines also announce that they have amended the definitive amalgamation agreement (the “Agreement”) in respect of the Transaction to extend the outside date for completion of the Transaction to January 31, 2015.

So did they get the money or not ? Or do they just extend the "deadline" again ?

[Realitychex]

That's because Flair will start em up!! Ulc to the max!

To my knowledge, there's no correlation between Flair and Canada Jetlines. If there is this is the first I've heard of it. Flair is one of the better pay/lifestyle narrow body jet gigs you can score if your desire isn't WestJet or Air Canada. It's most likely one of the better 705 turboprop gigs available as far as pay/lifestyle/flow through to the jets.

I think working 10-15 days, making good coin, and being home almost every night is something that's pretty hard to beat. O/T starts at credit hours more favourable than the majors which generally adds up to anything over 15 days = OT. Great vacation package. Most of us have all of Christmas and all of new years off. Ultimately, the above seems to be what people chase after regardless of what paint scheme is coloured on the side of your plane and whether you're going to mmun or cal4 for the 20th time. The company is far from perfect, but the grass is greener here for the right individual.

I guess the only question mark would be what happens after 10 years when the Shell contract ends. But who knows, in 10 years aviation will be as different of a place as it was 10 years ago when none of the Jazz pilot's ever imagined the light of day would come when Georgian and Sky Regional would be doing their flying out east. Or I guess Shell pilot's and Flair's takeover.

The term "better" however is a purely subjective term that varies between each individual. What I may think is better doesn't have to coincide with what any one else thinks. But generally Flair is a good place to be which are also sentiments shared by the majority of the flight crew (including ex shell pilot's). You will have the odd duck that doesn't like it, was pfo'd, or fired, but you find those people anywhere.

Just trying to put an end to what seems like a purely speculated comment by FL020 about Flair and Jetlines having any correlation; specifically with regards to Flair being ULC. There isn't room for this kind of lifestyle and pay at a ULC FL020. Look at the us regionals. That's much closer to what ULC is like. Knock on wood none of us lives in a camper at the at the budget parking lot here in YLW or YYC operating on min rest. Or barely able to pay the bills sitting reserve in ORD and playing guitar on North Michigan Ave for coins.

Flair would have to completely disassociate itself with KFC if it went that direction. BL knows where his bread is buttered and he won't risk losing WJ business over this.

[loopa]

Another very valid point !

[URC]

I guess they didn't get their $50 Million.

Canada Jetlines terminates previously announced amalgamation agreement

February 06, 2015

Canada Jetlines Ltd. (“Jetlines”) announces that it has terminated the previously announced amalgamation agreement dated September 12, 2014, as amended, with Inovent Capital Inc. (“Inovent”) (TSX-V: IVQ.P).

Jetlines will continue to pursue its business and growth objectives and the opportunities that are available to it.

“We continue to believe that our business model represents an attractive value proposition for both investors and price-sensitive passengers and this is supported by parties that we have spoken to. This is an exciting time for Jetlines as we take aggressive steps to change the face of the industry. Jetlines will pursue other compelling opportunities available to it and we look forward to commencing operations in the near term.” said Jim Scott, Chief Executive Officer of Jetlines.

About Canada Jetlines

Jetlines plans to launch an airline in Canada in 2015 that applies Ultra-Low Cost Carrier operating principles with a focus on stimulating passenger demand through low cost airfares, and generating revenue from the sale of ancillary products and services onboard its aircraft. Jetlines intends to select routes which avoid direct competition with existing carriers in Canada and focus on cost discipline in order to keep operating costs low.

http://www.jetlines.ca/

Blah blah blah

[Batman]

I'm very sceptical that this venture will ever gain the financial traction required to get off the ground. Yes there are similarities between these times and the mid to late 90's when Westjet got a foothold in the market but theres a lot thats different as well. Low interest rates, fuel prices and the general cost of a ticket may appear to some as an opportunity. However the competitive landscape is far different today. Westjet has an incredibly strong balance sheet and Air Canada is in a much better position as well. But above all neither airline will take another startup for granted and let them gain any ground, the competition would be fierce. A startup would blow through 50 million in a heartbeat. We'll have to wait and see, good luck to those who are willing to gamble with it, your kahunas are much larger than mine.

[dukepoint]

What's a bit fishy is that those "executives" cannot raise 50 mill between them.

There are some pretty savy, well connected individuals on the roster. My bet is they're more than happy to risk someone elses cash, but not happy to risk anything sucured by themselves. It appears to be a "venture capitalist" long-shot. They couldn't convince a "sucker", but will keep trying.

IMO only, DP.

[Big Pistons Forever]

Personally I am skeptical a ULCC model can ever be made to work in Canada. All of the success stories for ULCC's involve high population densities and relatively short runs, neither of which, in general, applies to Canada. The few routes that make ULCC sense like YYZ-YUL are owned by Westjet and Air Canada and you can bet they will beat any low fare until the ULCC goes away.

[rudder]

It has been proven over the course of decades that Canada has a population base and geographical distribution that can at best support a profitable duopoly only. The continued presence of Porter has only been sustained by its de facto monopoly at YTZ.

Any other initiatives that are based on passenger traffic only and not related or attached to a packaged tour operation will never last.

[loopa]

This was posted on their Facebook page yesterday... "We're pleased to share the Canada Jetlines anticipated route network based on 16 aircraft."

[rudder]

That is a joke. Once they set foot in WJ territory WJ will make sure that Jetlines burns through cash faster than Porter.

[loopa]

Can you even operate a 705 319 into a place like flin flon?

[dukepoint]

This was posted on their Facebook page yesterday... "We're pleased to share the Canada Jetlines anticipated route network based on 16 aircraft."

Is this suppose to attract investors, or scare them off???

Didn't Westjet "build the brand" with only three routes innitially??? They focused on the "western triangle" until things became more established and worked to build a reputation for reliable service with only a couple of 737's. This seems implauseably over-ambitious right from the start. They can't afford to lose a dime experimenting with the likes of Flin-Flon. This is getting more rediculous, and downright stupid as time goes on.

DP.

[loopa]

Sorry, I was wrong about the 319.

B737MAX should be interesting when operated into the likes of Penticton... Flin Flon... etc...

Is there really a market for a CYVR-CYYF-CYEG run when WJ offers similar service out of YLW?

Thoughts?

[Old fella]

Sorry, I was wrong about the 319.

B737MAX should be interesting when operated into the likes of Penticton... Flin Flon... etc...

Is there really a market for a CYVR-CYYF-CYEG run when WJ offers similar service out of YLW?

Thoughts?

Ditto for YMH-YHZ,YQM and YTT. Whats going on that dictates such routes from Hamilton. I mean didn't WJ have a Hamilton run from either YHZ or YQM years back, perhaps they do now but I am not sure the market from Hamilton eastbound supports more traffic.

Good luck to them, it will be needed.

[midwingcrisis]

Jetlines Breaches Amalgamation Agreement - $50 Million Financing Not Proceeding - Termination Notice Rejected

http://www.newswire.ca/en/story/1484459 ... e-rejected

[bmc]

Jetlines Breaches Amalgamation Agreement - $50 Million Financing Not Proceeding - Termination Notice Rejected

http://www.newswire.ca/en/story/1484459 ... e-rejected

Thats Inovents side of the story. The people at Jetlines are not rank amateurs. Mind you, they will never have the expertise of Avcanada poster. It will be interesting to hear the other side of the story.

[boeingboy]

The people at Jetlines are not rank amateurs

Oh please.....you've been drinking too much of their coolaid. Or perhaps your one of the directors? So blinded by your own short sightedness.

As was mentioned - the ULCC model will NEVER work in this country.

I did have a laugh though when I read through the directors bios. One of them was actually an investor in Oasis! Another company that clearly had no chance to suceed even before they took off.....and most people knew that. Once I read that - it was game over.

Experts my a$$.

[Old fella]

Regardless, this certainly can't be helpful for an upstart treading it's way in this minefield of airline business. It will be real interesting to see if their planned start-up schedule will materialize as proposed late summer with threats of lawsuits before the wheels are up on their very first take-off... Then again, what do I know.

http://business.financialpost.com/2015/ ... the-altar/

[Bede]

Jetlines only has equity of about $300K. It seems kind of odd that all those guys can't raise more money than that, when amongst themselves. This whole airline seems more amateurish by the day.

http://business.financialpost.com/2015/ ... the-altar/

[bmc]

The people at Jetlines are not rank amateurs

Oh please.....you've been drinking too much of their coolaid. Or perhaps your one of the directors? So blinded by your own short sightedness.

As was mentioned - the ULCC model will NEVER work in this country.

I did have a laugh though when I read through the directors bios. One of them was actually an investor in Oasis! Another company that clearly had no chance to suceed even before they took off.....and most people knew that. Once I read that - it was game over.

Experts my a$$.

Offer your services. Be sure to mention that you're a no it all. They'll be impressed.

I have nothing to do with anything in Canada. I left long ago.

[midwingcrisis]

bmc: your rank amateurs claim it's in the "secret sauce"

[corytrevor]

"no it all"....haha priceless!