Regional 1 to close up
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Join Date: Jul 2005
Location: Canada
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Regional 1 to close up
I just saw on the news that an outfit out of Red Deer Alta, called Regional 1 is going to shut down, citing the high cost of fuel and doing business in general. They appear to fly DHC-8s.
Having "been there done that" I wish everyone there all the best in their respective searches for new employment.
69
Having "been there done that" I wish everyone there all the best in their respective searches for new employment.
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Join Date: Mar 2001
Location: Wet Coast
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Yep, from their website:
I never saw their business plan (if they had one), but couldn't see how the low-traffic routes they chose ever had a hope of being profitable. Maybe with a KingAir or such, but 3 x DHC8 ??
In Canada, Regional 1 operates both Charter and Scheduled flight, with scheduled flights into Red Deer, Lethbridge, Kelowna, Kamloops, Vancouver and Victoria. The Board of Directors of Regional 1 have decided to terminate it's scheduled flights as of September 11, 2005, and concentrate on charter and leasing operations.
