Heard First Air is now selling there Herc's and farming out there jet service in YZF, and after loosing the 767 work last year, what's next for 7F ?

quite unfortunate! hercs leaving, 67 gone, 737 skeds half empty, and ledcor doing the western flying?? How are the heads at 7f in the alpa world allowing that to happen?

Had the merger with 5T progressed,would the result been different?

If I was Joe I'd be eyein' up those Hercs...

plhought wrote:If I was Joe I'd be eyein' up those Hercs...

A whole new season of episodes,can't wait.

Looks like a strategy of scaling back to profitability- movement back to the time of Baffin/Ottawa scheds.

Tough time too for 5T... wonder who will be left standing?

and now word they are looking to sell the ATR-72 after spending millions on the combi-mod and cargo door , this company needs some good news !!!

Air Canada and westjet are hiring?

Interesting, I know 4N has been looking for a replacement to their aging Hawkers, and have already settle on ATR's. I'm sure they'd appreciate the already modified combi version....

E

Apparently one Herc is officially sold. What this means for everybody on the property I have no idea.

thirdtimecharm wrote:Looks like a strategy of scaling back to profitability- movement back to the time of Baffin/Ottawa scheds.

Tough time too for 5T... wonder who will be left standing?

I heard this too. Hopefully no layoffs. I heard something in the vicinity of 2000 CNRL workers were told to not come to work this past week affecting a ton of 5T flying. Hopefully this is just hearsay and not true.

Get used to it. The glory days for 5T are over.

How come?

palebird wrote:Get used to it. The glory days for 5T are over.

You sound so sure. The oil industry takes a hit almost every 5 years. It is a minor hiccup along the way for 5T. If 5T play their cards right...they'll be back on track again once the oil prices come back up again.

Positive thinking will keep it all afloat.

In 2005 oil was $50/barrel and the sky was falling. My house in yyc doubled in price in the next 15 months.

The big oil players know it takes a decade to start producing oil sands. They are already building for the next boom. It may reduce the number of TFW's but they ride buses usually.

palebird wrote:Positive thinking will keep it all afloat.

I am getting trolled. You are pretty darn good at it too. Reading a few of your past posts...I can say that you're pretty negative towards First Air and Canadian North anyways.

It's time for another correction in the oil patch labour market. Low oil allows them to suspend construction and when it resumes they will be paying less for contractors. Same as the last slide. 5T will ensure it rides the blip out and be in a good position to resume when it picks up again. It's always nice to have long term contracts secured.

Palebird has a hate on for 5T so no surprise to see his remarks.

Isn't this a 7F thread?

I love dropping by once in a while and checking out the fantasy world that 5T and 7F live in. 7F because they can't get any charter work and have to fight 5T for a piece of the scheduled pie and 5T because charter is what they live for. The charter market is very fickle boys. It comes and it goes, like the tides and the seasons. I say boys because you don't have skin thick enough to be men. Grow a set.

palebird wrote:I love dropping by once in a while and checking out the fantasy world that 5T and 7F live in. 7F because they can't get any charter work and have to fight 5T for a piece of the scheduled pie and 5T because charter is what they live for. The charter market is very fickle boys. It comes and it goes, like the tides and the seasons. I say boys because you don't have skin thick enough to be men. Grow a set.

Someone sure types like 748ho use to.

godsrcrazy wrote:Someone sure types like 748ho use to.

Good enough reason for me to throw them on my ignore list.

So for 7F, did they lose a chief pilot on their ATRs recently? I saw the job posting a few days ago.

Much activity on those diamond mine sites, are 7F and 5T still running B737 ops in there or is that drying up as well

"Diamonds are forever"

palebird wrote:Alberta is looking at a recession and a sales tax. Hmmmm. Humble pie.

The federal government is looking at running a deficit now, which shows how much of an impact Alberta oil has on the rest of the country. Everyone in BC and back east is loving that Albertans are getting their comeuppance, but that oil revenue has propped up the whole country for the last five years and we're all going to suffer. Those grapes are going to be mighty sour when you realize you'll be sharing them with the rednecks.

Old fella wrote:Much activity on those diamond mine sites, are 7F and 5T still running B737 ops in there or is that drying up as well

"Diamonds are forever"

I believe Summit air has taken over at least one of the mines flying an Avro RJ85.

And the bedwetting continues. No worries I hedged myself against these stark realities some time ago. More it goes down the more I smile. Just waiting for buying opportunities now but the bottom is nowhere in sight yet. This is going to be a gooder and the whole landscape will be altered. Got real estate in Alberta or NWT? Sell if you can.