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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 Styles76on Jul 31, 2018 2:23pm
77 Views
Post# 28392944

RE:RE:RE:RE:RE:Second Really is the Best/ CANADA JETLINES saving MILLIONS!!

RE:RE:RE:RE:RE:Second Really is the Best/ CANADA JETLINES saving MILLIONS!!Quality post from a bear-sided view, trader520. Thank you.

I'm going to admit that this second/third comer things feels a bit off to me. They originally were gearing up to be first to market, and they clearly missed that goal. Now, that said, they are being dynamic and changing their expectations while making the most of this situation. I previously posted about Flair having a downside with the planes they selected (higher fuel costs caused by limited distance and multiple take offs), so that puts them at a very basic competitive disadvantage.

 Swoop is definitely another entry to consider next year, even though a lot of people are reasonably convinced that Westjet is spreading themselves thin with this one. Westjet's main competitor is Air Canada, so I'm not sure why they are taking on another competition venue, considering that ULCC's competition has been considered to be coach buses going over land. Still, Jetlines has to watch them closely - just because the captain of the ship is insane, doesn't mean it's safe to be out of the boat and stand on the dock.

 There's some wiggle room for timeslots and routes right now. It is still a pretty young market in this aspect, and as long as Jetlines gets those planes operating within a reasonable timeframe of the planned schedule next year, they should be able to establish a solid base to build from.

 Most of us lack further information for concluding that last point, so I'm calling more on my intuition for the "what next" more than facts. It's certainly a bad process (despite having a good success rate), so this is where I am - most interested in getting news - seeing how their model is going to address these valid concerns.



trader520 wrote: Hmmm...I do and don't agree.

The "do agree" list as you wrote is true IMO.

I will now add my "don't agree" list
-- reputation and established: You can't beat that one, if the first and second movers don't screw it up, they will have established a good reputaion that will have customers coming back, and less likely to wonder off, looking for someone else to fly them
-- Learning from the mistakes of others....well, they learn themselves too, and correct their own mistakes. As much data as possible will not be available to the public, or the competition. This is the part where Jetlines has to get started soon. If some routes and / or departure times don't work out, our competition will take note, and make changes, possibly leaveing Jetlines with...well..undesirable routes and slot times.

Got to get this thing into the air...cause there isn't always room for a latecomer either.

Just my 10 cents worth, worked in this industry for 30 years now, and all I can say is "not looking good"

Cheers and GLTA


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