Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by vortexdmon Jan 23, 2018 9:15pm
253 Views
Post# 27420795

Flair Airlines vs Jetlines

Flair Airlines vs JetlinesFlair Airlines will never be a ULCC (Ultra Low Cost Carrier), there entire business model does not support such a claim.  Flair will never be able to achieve the cost per seat mile Jetlines has achieved, which is lower than ALL other carriers in North America...How?  Every aspect of the Jetlines buildout has been taken into account from top management salaries right down to the cost of office supplies.  The whole buildout is lean and efficient and UNION free.  Flair is unionized:

From website https://www.unifor2002.org/About-Us/Who-We-Are:

Flair Pilots belong to the Unifor 2002 union

Flair Airlines

(Kelowna) - Flair Airlines Ltd. is a privately owned Canadian charter airline based in Kelowna, British Columbia. Members are employed as Pilots supplying large aircraft contracts and ad hoc charter services.

Jetlines will begin operations with non unionized Pilots and Stewarts and will outsource grounds crews thus lowering their per seat costs....Flair can not state the same.

So what category does Flair Airlines fall into?  Not ULCC but LCC (Low Cost Carrier) around 35-40% discounts compared to a ULCC which see's 40% plus discounts from their LEGACY counterparts. Flair also uses smaller aircraft with less passenger loads thus resulting in lower profits.

Vortexdm 

 

Bullboard Posts