Hey I am glad you feel my post was informative...I'm always here to help my fellow airplane people.
I should have converted the currency to US funds...again 4-5 million CANADIAN is the price tag...not including the taxes and training costs for crew, engineers, parts spare in stores, I'm not that smart of a guy as you just pointed out, but I read somewhere that airplane costs soar very fast...I'll try to dig up where I read that...(I hope I am not talking (writing) too fast...lemme know and I'll turn it down a notch for ya.)
Kelner did a good job of showing, via charts and graphs, that a company can turn a profit with this type of hardware with only 9 seats. I have never seen it, however it seems like it convinced the good folks @ Bearskin Airlines that it can work. For a Canadian company operating out of gravel strips with a specific clientele...I am not sure what the true outcome made the 'bean counter' decide it would be better to pull the aircraft than continue to have them in their fleet...
Perhaps Wasaya's involvement in acquiring their routes that were sold to them by 'The Bear' precipitated the liquidation of the PC12's owned/leased by Bearskin. Either way, it's not my area, only my speculation...I wish I could be more informative...sorry about that...I hope this post helps you.