Canada Jetlines

[Bug_Stomper_01]

https://twitter.com/IshrionA/status/154 ... bXB0z9duyg

Starting soon. Now selling tickets.

They keep kicking their stars date down the road two months at a time. It’s reflecting in share prices

[Jester123]

What's the latest on CJ? I've driven by YYZ 3 times last week and have seen their only 320 parked midfield and on North apron.

[Longtimer]

https://youtu.be/dqqP0wUly4c

[goingmissed]

https://youtu.be/dqqP0wUly4c

It's an airline with a single aircraft that spends more time parked in YYZ than it does flying. Great business model... cut the largest cost (fuel) by not using it.

[Bug_Stomper_01]

https://youtu.be/dqqP0wUly4c

It's an airline with a single aircraft that spends more time parked in YYZ than it does flying. Great business model... cut the largest cost (fuel) by not using it.

Their shares on the NEO exchange are at an all time low of $0.26, with a high of $0.72 early on in their public trades. If I recall correctly they projected 15 aircraft by the end of 2023…. They’ve leveraged a few million publicly and I’m not sure where the rest of the money is coming from. As an avid investor there’s a few red flags right out of the gate.

[Longtimer]

Looks like things are moving for Canada Jetlines
https://financialpost.com/pmn/press-rel ... inancing-2
https://avgeekery.com/canada-jetlines-a ... rbus-a320/

https://www.businesswire.com/news/home/ ... al-Airport

[Big Pistons Forever]

150K offering, that’s chump change and a 1M loan doesn’t go very far in aircraft acquisition so I can’t see this airline going anywhere soon.

[flyinhigh]

The 150K is most likely just for the aircraft parking fees at YYZ. Thing never moves.

[Bug_Stomper_01]

The 150K is most likely just for the aircraft parking fees at YYZ. Thing never moves.

It’s a good asset for moving money around

[Bug_Stomper_01]

The 150K is most likely just for the aircraft parking fees at YYZ. Thing never moves.

They’re a far cry from having 15 aircraft operating by the end of ‘23

[J31]

One Airbus 320 doing two trips per week YYZ-YYC. They want another airplane to do two trips per week YYZ-YVR?

That has got to be the lowest utilization Airbus 320 in the world!

[Bug_Stomper_01]

One Airbus 320 doing two trips per week YYZ-YYC. They want another airplane to do two trips per week YYZ-YVR?

That has got to be the lowest utilization Airbus 320 in the world!

Yep and insurance has tripled in the last two years. Very fishy

[Bug_Stomper_01]

One Airbus 320 doing two trips per week YYZ-YYC. They want another airplane to do two trips per week YYZ-YVR?

That has got to be the lowest utilization Airbus 320 in the world!

I think….

[PitchLink]

One Airbus 320 doing two trips per week YYZ-YYC. They want another airplane to do two trips per week YYZ-YVR?

That has got to be the lowest utilization Airbus 320 in the world!

I think….

[altiplano]

CEO Mrs. Brigitte Goersch

Where have I seen that name before?

This industry is incestuous.

[AstroPants]

CEO Mrs. Brigitte Goersch

Where have I seen that name before?

This industry is incestuous.

Seems she's chair of the board. Even stranger is that Jean Charest is on their board? ¯\_(ツ)_/¯

Looks like they're hiring. If nothing else, it seems they have the work/life balance thing sorted out.

[Bug_Stomper_01]

CEO Mrs. Brigitte Goersch

Where have I seen that name before?

This industry is incestuous.

And then some. It’s disturbing how small a group of people run this industry

[Apestogetherstrong]

What is the FO and Cpt salary. What are the schedules like?

[Bug_Stomper_01]

What is the FO and Cpt salary. What are the schedules like?

That’s a great question

[flyinhigh]

What is the FO and Cpt salary. What are the schedules like?

As far as Canadian Aviation goes, they by FAR have the best work life balance. I mean who wouldn't want 5 days a week off, work two and be home at night. Might not be able to feed your kids, but at least you'll be with them each night.