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Global Crossing Airlines Group Inc N.JET

Alternate Symbol(s):  N.JET.B | JETBF | JETMF

Global Crossing Airlines Group Inc. operates a United States Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, and navigation fees. The Company also operates an ACMI cargo service, flying the A321 freighter. The Company maintains additional crew bases at locations: San Antonio International Airport (SAT) in San Antonio, Texas, and Harry Reid International Airport (LAS) in Las Vegas, Nevada. Its passenger aircraft fleet is built on the Airbus A320-200 fleet family. Its cargo aircraft fleet is based on the Airbus A321 aircraft type. It operates within the United States, Europe, Canada, Central and South America.


NEO:JET - Post by User

Comment by vortexdmon Dec 28, 2017 2:40pm
246 Views
Post# 27239351

RE:I have a question

RE:I have a questionNew Leaf started as a ticket broker company that had a relationship with Flair Air to charter aircraft that they sold tickets for at a so called "Ultra Low Cost" Price point, however it was more like a Low Cost price point...yes there seats might have been competative but their extra add ons were WAY over inflated.  

New Leaf now is fully owned by Flair Air and has decided the Ultra Low Cost Model doesn't work for them since they fly older aircraft that are not fuel efficient and they have a unionized staffing model that does not allow them to be successful in the ULCC sector.  Therefore, they have decided to offer a Low Cost model kinda like the model West Jet once offered.  This is fine but New Leaf is going to have to make a drastic change to its infrastructure to keep up...Once Jetlines launches in June 2018 it will have the lowest per seat mile cost average in North America and will be basically untouchable by any airlines when it comes to its bottom line...this is accomplished by its overall business model starting from the salary for its CEO right down to its office supplies.  

West Jet with its SWOOP offering is an airline within an airline model that in the past has never succeded...infact most of them fail within the first 2 years.  You can't expect a pilot that is unionized to fly a discount airlines and expect to be paid a lower rate then his counterpart which  is a legacy airlines (West Jet) that charges premium pricing for their service.  West Jet needs to please its shareholders and show them they are making an attempt to fight back...but really it is a futile attempt that they know will result in them folding in 2-3 years.  

Canada Jetlines will be the 3rd carrier in Canada and has had the support of the federal governement and provinicial governments and is the only true ULCC model from the gound up.
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