Wasaya, maybe bankrupt?? maybe not..

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co-joe
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by co-joe »

Blueontop wrote:It's cash up front with prime plus 2% paid back. B1900 is $9500, the dash is around $15000 I believe and so on. This is paid back over one year.
I know nothing about Wasaya, but I will say that to me those bond numbers seem right in line with actual training costs. None of this 24K, 2 year BS where if you leave after a year you are on the hook for the 2nd year's training that you haven't received. As for the you take a loan, we pay it nonsense...Fuuuuuck no, but the numbers seem fair to me.
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fish4life
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by fish4life »

Fair if it wasn't money up front to a bankrupt airline
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iflyroads
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by iflyroads »

timel wrote:
Blueontop wrote:It's cash up front with prime plus 2% paid back. B1900 is $9500, the dash is around $15000 I believe and so on. This is paid back over one year.
How can this be even legal?
Are there many operators asking pilots to put money up front?

EVAS asks pilots for upfront cash. 15k for the 1900 repaid back over 2 years with no interest.
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timel
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by timel »

Wow!
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lazyeight
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by lazyeight »

Blueontop wrote:It's cash up front with prime plus 2% paid back. B1900 is $9500, the dash is around $15000 I believe and so on. This is paid back over one year.
Funny since the dash is not even theirs it's Goldcorp's.
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Illya Kuryakin
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by Illya Kuryakin »

iflyroads wrote:
timel wrote:
Blueontop wrote:It's cash up front with prime plus 2% paid back. B1900 is $9500, the dash is around $15000 I believe and so on. This is paid back over one year.
How can this be even legal?
Are there many operators asking pilots to put money up front?

EVAS asks pilots for upfront cash. 15k for the 1900 repaid back over 2 years with no interest.
Scary part is, some daft twats actually pay it.
Illya
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Wish I didn't know now, what I didn't know then.
flyinhigh
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by flyinhigh »

lazyeight wrote:
Blueontop wrote:It's cash up front with prime plus 2% paid back. B1900 is $9500, the dash is around $15000 I believe and so on. This is paid back over one year.
Funny since the dash is not even theirs it's Goldcorp's.

That's how aircraft management works. The airline is responsible for everything, up to and including the staffing for the aircraft. If the airline decides to say its $50,000 for the bond, Goldcorp probably does not even know it.
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iflyroads
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by iflyroads »

Blueontop wrote:It's cash up front with prime plus 2% paid back. B1900 is $9500, the dash is around $15000 I believe and so on. This is paid back over one year.

How can this be even legal?
Are there many operators asking pilots to put money up front?

EVAS asks pilots for upfront cash. 15k for the 1900 repaid back over 2 years with no interest.[/quote]

Scary part is, some daft twats actually pay it.
Illya[/quote]


they haven't had trouble filling a gs yet...
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CBcloud9
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by CBcloud9 »

If I were Exchange Income Corporation, I'd be sending in Perimeter and Bearskin Metros in waives to break into these communities. No brainer.

But i'm no CEO... Unless wasaya is looking for someone who can manage their debt better than a 17y old teenie bobber at the mall with her first ever credit card.
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77W
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by 77W »

CBcloud9 wrote:If I were Exchange Income Corporation, I'd be sending in Perimeter and Bearskin Metros in waives to break into these communities. No brainer.

But i'm no CEO... Unless wasaya is looking for someone who can manage their debt better than a 17y old teenie bobber at the mall with her first ever credit card.
It has already begun, albeit on a Dash.

https://flightaware.com/live/flight/PAG663
https://flightaware.com/live/flight/PAG664
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fish4life
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by fish4life »

The hard part of breaking into these communities is wasaya is owned by the bands so they will do what they can to keep competition out.
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Thorjones
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by Thorjones »

fish4life wrote:The hard part of breaking into these communities is wasaya is owned by the bands so they will do what they can to keep competition out.

http://www.tbnewswatch.com/News/375982/ ... _of_Wasaya
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fish4life
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Re: Wasaya, maybe bankrupt?? maybe not..

Post by fish4life »

Exactly Hydro one should have just manned up and stopped sending fuel until the generators ran out and the town went black, I bet that would have changed their minds.
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