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Old 6th Jun 2008, 11:52
  #63 (permalink)  
JAN OPS 1
 
Join Date: Apr 2008
Location: Southend-on-sea
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Operations

Hi all.

No we have not done any flights so far. However the long term plan always expected that the take-up would be slow as, due to CAA restrictions, we were not able to go into the market place until we had the AOC & OL in place.

As you are probably aware, freight contracts tend to be for fixed period, so we are in the process of bidding for contracts starting later in the year, when they come up for renewal.

One advantage of "mature" equipment is that our overheads are low, so we are not burning the cash that we would be if we had ATR equipment on an expensive lease.

On other fronts our TRTO application is in, so we should shortly be in a position to start crew training. The second aircraft is nearly ready for delivery, this being one of our stated aims that we would not want to start a contract without a back-up, to ensure customer satisfaction.

Rgds
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