SEE: https://www.linkedin.com/in/tomas-chlumecky-3200a021/ PAL Aerospace not yet in operation in Guyana-will not be working without gov’t approval, Gouveia says Guyana New – June 20, 2018 PAL Aerospace King Air 200 MPA (maritime patrol aircraft), the aircraft that put Provincial/PAL on the map for MPA ———————————————————————————————————————— Tomas’s Comment: PAL Aerospace … Continue reading
The critical article is written by an unknown author, who obviously knows EIC, now how truthful it is I do not know, but raises questions for sure, though we will never know the real truth. Mayday-EIF-Dividend (1) (1) EIC_Package_-_v6_FINAL_20171108181204
READ” Blog on 2016 Turboprop Market (click General Aviation) for more info on the 19 seat market in the March 9, 2017 issue Viking Air has announced on May 31, 2017 that it is shutting down production of its $7.5 million Twin Otter Series 400 for 90 days and will lay off 212 starting … Continue reading
It has been pretty quite on the Canadian airline mergers and acquisition front since the late June, 2016 acquisition of Transwest Airlines (Prince Albert, Saskatchewan) by local rival West Wind Aviation (Saskatoon, Saskatchewan). That deal created another Provincial regional airline monopoly, just as EIC (Exchange Income Corporation) has in neighboring Manitoba, where it now owns … Continue reading
Bombardier has now delivered its first CS100 to Swiss and CS300 to airBaltic and talks confidently of a turnaround next year and a bright future in 2020 as per its 5 year Transformation Plan, that should see company become a $US 25 billion a year company by the end of 2020, with Aerospace to provide … Continue reading
As to my blog of August 21, 2016, the Transwest Air deal is done and it is now a fully owned subsidiary of WestWind Aviation, which itself is owned 55% by the Athabasca Basin Development (ABD) and 25% owned Prince Albert Development Corporation (PADC), in short 80% First Nation owned with 20% owned by the … Continue reading
UPDATE: As I wrote this, I found out that WestWind Aviation (80% First Nation owned) has bought Transwest Air for an undisclosed amount, now only 1 airline exists in Saskatchewan, like it or not. This is my follow up to the January 5, 2016 article “Consolidation in the Canadian Regional Airline Industry”, as the … Continue reading
The 1st half 2016 numbers are in for Air Canada and WestJet Airlines, and it’s worth looking at how the 2 airlines that control 85% of the Canadian domestic market, which also has NO low cost airline as of yet (the only OECS) whose citizens have no access to a domestic or transborder LCC (low … Continue reading
In June, Airbus demonstrated its C295W transport plane to Northern Ontario based First Nation owned Wasaya Airways (“it is bright” in oji-cree), which comes just as the airline gets creditors approval for its $C 35 million debt restructuring plan, giving just 10% of unsecured debt value to its long list of creditors. The airline has … Continue reading
Well, Canada finally has another low cost champion, as NewLeaf Travel Company Inc. (http://www.FlyNewLeaf.ca) announces it will begin operating Boeing B737-400 commercial flights to 7 Canadian cities for as little as $99 one way under the AOC of Flair Airlines of Kelowna, B.C. on Friday, February 12, 2016, only 1 week short of the 20th … Continue reading
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