Wasaya layoffs?

[Eleveniron]

Any truth to the rumour that there was another round of layoffs today? Any one particular department affected?

[2R]

Winter Roads in already ?
Wait until the all season roads get built and they can bicycle in and out.

[fish4life]

If it is true I hope the pilots can get on there feet somewhere else rather quickly

[Brown Bear]

I've heard they're "cash only" for fuel etc. Anybody care to ad to that?

[X-Savior]

I heard a rumor lately that Wasaya is heading into financial troubles again. Possible the Dash 8 was the nail in the coffin... not sure. I think in the next few months when the winter roads open up it will be the real test. They may not be far behind Air Bravo...

Take this info as rumor only but it is a credible rumor.

[Kzanol]

I heard a rumor lately that Wasaya is heading into financial troubles again. Possible the Dash 8 was the nail in the coffin... not sure. I think in the next few months when the winter roads open up it will be the real test. They may not be far behind Air Bravo...

Take this info as rumor only but it is a credible rumor.

What is the rumour about Air Bravo? In trouble or something?

[checkremarks]

I heard a rumor lately that Wasaya is heading into financial troubles again. Possible the Dash 8 was the nail in the coffin... not sure. I think in the next few months when the winter roads open up it will be the real test. They may not be far behind Air Bravo...

Take this info as rumor only but it is a credible rumor.

What is the rumour about Air Bravo? In trouble or something?

Have you not seen this?

http://www.youtube.com/watch?v=6g1-8Z7AiP0

Apparently Air Bravo is being SUED by the family which the patient who died....

Big troubles...

[snoopy]

Wow - thanks for that! That MPP Frank Klees sure came in for the kill on that one - well presented. The Minister came back with a lot of nothing in response - so much for accountability and transparency.

As a point of interest, there is a full menu of documentary/comment here: http://www.frank-klees.on.ca/current-is ... ambulance/

Cheers,
Kirsten B.

[Minimums]

I heard a rumor lately that Wasaya is heading into financial troubles again. Possible the Dash 8 was the nail in the coffin... not sure. I think in the next few months when the winter roads open up it will be the real test. They may not be far behind Air Bravo...

Take this info as rumor only but it is a credible rumor.

I've heard similar. Combination of many failures from management over the years (bogus credit card spending, high wages for 'certain special' employees, free flights for certain 'buddies, sending entire fleets out to miss and come home on bad wx days), combined with some bad luck (wiped out hawker engines due nose collapse, burnt down & runaway hawkers, baggage carts and prop, trying to cash in enough equity to buy atr's) is all adding up. Tough times always come with the winter roads there, this year will be harder than usual. Place was never a career company, which is unfortunate; it had the potential.

Two words comes to mind.........

Run.....Away..

Would be very afraid if I was someone there holding any sort of bond.

[Brown Bear]

Ah yes, bonds. Where do you think they get their operating capital? Good timing, Ken!

[X-Savior]

I am surprised no one has mentioned it yet so let me point out something interesting...

Has anyone else noticed Kelner flying more then usual? By this I mean there can not posibly be Client Evaluation flights from sunrise to sunset almost every day... So let me ask... How is a dealer able to sell a fleet of aircraft to operators and then setup an operation in direct competition with it's customers?

Makes you wonder what the manufacturer might think of this business practice?

So where does this play into the Wasaya and Bravo financial dilemma???

[fish4life]

When you say Kelner do you mean his cargo North Baslers or his PC-12 operation?

[X-Savior]

PC-12 (And not Northstar or Cargo North Either)

[Eleveniron]

PC-12 (And not Northstar or Cargo North Either)

I believe Kelner has one PC12 in YQT that's available for charter. Not sure if it's theirs or managed for a client. Wasaya has bigger problems than one PC12 doing some charters out of YQT. Wait till that good 'ol polar vortex affect on the winter road ice conditions takes hold.