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New airline to start in Brisbane

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New airline to start in Brisbane

Old 2nd Apr 2020, 03:48
  #21 (permalink)  
 
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Smile

Jetgo......
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Old 2nd Apr 2020, 04:24
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Come on topend3, Jetgo was so last decade!

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Old 2nd Apr 2020, 04:38
  #23 (permalink)  
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Originally Posted by missy
w h a t d a t e i s i t ?
wasn't that hard to find after all was it sweet pea?
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Old 2nd Apr 2020, 04:59
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"Most experienced and successful" at navigating bankruptcy and administration maybe.

The story about the "Core FIFO" contract has been around since Jetgo were playing with the E-190, no customer in the world waits around for 18 months because you are a good guy or have a grand idea, especially with no AOC or aircraft, least of all the mining world. They simply do not sign contracts without detailed DD and safety audits. They rarely even engage short of this.

This same mob advertised a similar thing about 6 months ago which was quickly removed, it was 8 mil then, now its 5, maybe keep waiting and the hole in the wallet gets smaller...

Same usual suspects, doing the same things, burning cash and under performing. I bet they want to pay themselves "C Level" management wages off the bat too (the 3 amigos at Jetgo were at about 500 a piece from memory).
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Old 2nd Apr 2020, 07:50
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Well there will be a cheap AOC with a few 737’s on the market very soon. Hopefully whoever picks it up will employ from the ground up and get rid of all the rot from the top down.
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Old 2nd Apr 2020, 08:36
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Hahahahaha probably Simon Waters from Status/lightspeed/blackstar again.


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Old 2nd Apr 2020, 10:08
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Originally Posted by HappyBandit
Speaking of new operators out of Brisbane...what ever happened with Compass Jet?
Yeah what did happen to that outfit?
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Old 2nd Apr 2020, 12:18
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“The team is headed by a team of Australia’s most experienced and successful aviation executives”

and

“Perhaps it is an enterprise involving Michael James, Paul Bredereck and Teejay Jensen?”

are mutually exclusive.

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Old 2nd Apr 2020, 13:27
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Looks nice and scammy to me. That's a good Continental/United Regional aircraft image they choose too. I'd also feel very safe putting my details into their Google Docs form.
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Old 2nd Apr 2020, 20:56
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Originally Posted by square leg
First In First Out
Try Fly In Fly Out
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Old 3rd Apr 2020, 00:24
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Sarcasm not your strong suit, Knackered??
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Old 3rd Apr 2020, 00:36
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“The team is headed by a team of Australia’s most experienced and successful aviation executives”

and

“Perhaps it is an enterprise involving Michael James, Paul Bredereck and Teejay Jensen?”
I doubt getting the sack last year from your CEO/Chairman position qualifies you as a "most experienced and successful aviation executive"
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Old 3rd Apr 2020, 00:38
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Originally Posted by porch monkey
Sarcasm not your strong suit, Knackered??
Maybe not.
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Old 3rd Apr 2020, 09:04
  #34 (permalink)  
 
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"The operation is headed by a team of Australia’s most experienced and successful aviation executives. "

Yes, so successful that they have no contacts in the aviation finance area that they have to go to Seek to find someone. That in of itself should be enough info for anyone.
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Old 3rd Apr 2020, 10:51
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Originally Posted by exfocx
"The operation is headed by a team of Australia’s most experienced and successful aviation executives. "

Yes, so successful that they have no contacts in the aviation finance area that they have to go to Seek to find someone. That in of itself should be enough info for anyone.
Pretty sure most contacts in the aviation finance area aren't picking up their phones when they ring at the moment.
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Old 3rd Apr 2020, 12:20
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Originally Posted by FPDO
The operation is headed by a team of Australia’s most experienced and successful aviation executives.
This must be GT's new job!
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Old 4th Apr 2020, 04:59
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Well there will be a cheap AOC with a few 737’s on the market very soon.
I know you were mainly joking but it is not permitted to buy or sell an AOC. The whole company must be transferred. So even if Virgin was to be sold for $1 to another company, the new owners would inherit $5 billion in debt and liabilities. Not a great deal. Cheaper to start fresh.
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Old 4th Apr 2020, 17:48
  #38 (permalink)  
 
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Originally Posted by FPDO
https://www.seekbusiness.com.au/busi...airline/499361

Looks like another Jet operator is ready to hit the skies from Brisbane ....again.......

Summary

A partner is sought for a new jet FIFO airline is about to sign a core FIFO contract. Extremely fuel-efficient high-performance jet airliners will be employed. These late model aircraft have an eno

About the Business

A partner is sought for a new jet FIFO airline is about to sign a core FIFO contract. Extremely fuel-efficient high-performance jet airliners will be employed. These late model aircraft have an enormous economic and comfort advantage over the older slower turboprops currently used for short haul FIFO contracts. The first of the new jet airliners are already in Australia. The operation is headed by a team of Australia’s most experienced and successful aviation executives.
A massive amount of research, networking and intellectual property has gone into validating the opportunity.
The anticipated 5-year returns are impressive, to say the least. The team a project a fleet of 10 aircraft and a 5th Year NPV of almost $48 million.

PS dunno what eno means.....
And the relevance of the Continental regional jet photo? Other than the fact it's obviously April 1st.
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Old 4th Apr 2020, 23:08
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At least 12 months old and bad form to use an American carriers logo and photo. Seems to be a rip off and upgrade ( aircraft numbers) of another business. Do they have an AOC? Lots of unanswered questioned. Dead in the water like everyone else presently.
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