Originally Posted by hiwaytohell
(Post 10129437)
And an AOG in Singapore? Guess where Embraer has their regional spares warehouse and with Hawker Pacific at Seletar! How about more like the Embraer ( I think it was) with the coffee/soft drink spill that created some electrical issues? That need parts and possible some damage that requires some structural drawings and repairs? Do Jetgo have good credit with maintenance and parts suppliers? Or say Airnorth for a Charter to move booked paxs? |
They have the wrong aircraft for the wrong routes. The ideal aircraft for the routes they are flying is probably the Q400. I have no idea what the main focus cities are because they fly random routes all over the country, chopping and changing, announcing then deannouncing new routes. You need a lot of cash behind you if you want to have a serious crack at this market with Jets. Tiger had SIA. Strategic and this mob only have themselves. |
because they fly random routes all over the country, https://jetgo.com/flights/jetgo-flights-route-map/ As for cash, I agree with you. They have been trading for six years so they seem viable and one hopes they have cash on hand for the imminent expansion. |
Originally Posted by wishiwasupthere
(Post 10132386)
From a quick look at flightaware, only 2 of their 6 planes have flown in the last week. 2 haven't flown for over a month. Not good. |
Can I assume that Flight Aware uses ADS B information for tracking? I remember seeing somewhere that Jetgo had an exemption from ADS B fitment, so would that invalidate your assumptions about their activity? Are the repossessions fact?
https://www.casa.gov.au/files/casaex17079pdf Although it does say it was repealed at the end of March 2018. Perhaps there was an extension? Edit to add: JGB and JGR are both shown on Flightradar24 as having flown today. |
Originally Posted by CASA_Approval
(Post 10139803)
Flight aware indicates they're down to a 1 aircraft schedule as of 04/05. Combined with recent hull & engine reposessions, one could be forgiven for thinking the end is very near.
|
Originally Posted by Icarus2001
(Post 10140180)
Can I assume that Flight Aware uses ADS B information for tracking? I remember seeing somewhere that Jetgo had an exemption from ADS B fitment, so would that invalidate your assumptions about their activity? Are the repossessions fact?
https://www.casa.gov.au/files/casaex17079pdf Although it does say it was repealed at the end of March 2018. Perhaps there was an extension? Edit to add: JGB and JGR are both shown on Flightradar24 as having flown today. As for exemption of ADS B that is only a postponement of a cost. Aircraft require engines to fly, how many are on aircraft today? Short answer is not enough for all to fly and it has been that way for some time. |
Originally Posted by Icarus2001
(Post 10140180)
Can I assume that Flight Aware uses ADS B information for tracking? I remember seeing somewhere that Jetgo had an exemption from ADS B fitment, so would that invalidate your assumptions about their activity? Are the repossessions fact?
|
Very reliable source..
One airframe repoed 4 engines repoed JGZ in Alliance hanger (sans engines) at request of the Lessor. |
"whoop whoop" "terrain terrain" "pull up" "whoop whoop"
|
It’s going to be tough making sure the crew has enough cash to pay for fuel. |
Originally Posted by topgun0007
(Post 10141703)
Very reliable source..
One airframe repoed 4 engines repoed JGZ in Alliance hanger (sans engines) at request of the Lessor. |
Originally Posted by markis10
(Post 10141750)
yet they had a new aircraft delivery in the last few weeks! The appearance of expansion is maintained to attract investment despite the fact that the company is about to spectacularly go tits-up |
Who does their maintenance? I would guess if they are not getting paid they will stop supplying just like a refueller would. BAC would need to get an order to impound aircraft but very easy to stop supply of services. If that is not occurring then there is no evidence of impending doom. Aircraft lease and finance deals can be complex so who knows. |
Originally Posted by Icarus2001
(Post 10141782)
Who does their maintenance? I would guess if they are not getting paid they will stop supplying just like a refueller would. BAC would need to get an order to impound aircraft but very easy to stop supply of services. If that is not occurring then there is no evidence of impending doom. Aircraft lease and finance deals can be complex so who knows. But, If that is not occurring then there is no evidence of impending doom. |
Originally Posted by Icarus2001
(Post 10141782)
Who does their maintenance? I would guess if they are not getting paid they will stop supplying just like a refueller would. Aircraft that was halfway through a C check in Cairns, pushed outside and buttoned up sans LH engine. Account apparently frozen |
When was that? I found out today that they have crew in the US doing E190 type ratings now. Perhaps any money left is being diverted to the shiny new jet? |
Originally Posted by Icarus2001
(Post 10142208)
When was that? I found out today that they have crew in the US doing E190 type ratings now. Perhaps any money left is being diverted to the shiny new jet? |
Originally Posted by Icarus2001
(Post 10142208)
When was that? |
Looking at the jetgo RPT videos on youtube, it's concerning to see, that most of the flights are less than 50% full, probably 30% would be a better figure.
There are too many empty seats on every video posted. No company can make money or break even with poor payloads. A month ago, i checked the jetgo website and i thought i saw a photo of an Emb145 in Taiwan, i checked the website a few days latter and the photo disappeared. I thought jetgo's main goal was to specialise mostly in charter flights (FIFO), not get involved in RPT services. If only 2 aircraft are flying during any time, i'd say most people will assume the company is struggling, how long will they struggle, is anyone's guess. |
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