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Possible Bad news for Sunwing

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Old 25th September 2008 | 18:03
  #41 (permalink)  
 
Joined: Oct 2000
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From: Canada
Far as I know, which is not a lot, Canada and the U.S. have an open-skies agreement, part of the NAFTA. (North American Free Trade Agreement). Why Mexico, as a NAFTA partner is not included, I don't know. By their own choice, I understand.
Westjet's transborder operations are all scheduled service. No bi-lateral agreement is necessary. Just pick your destination and fly there as many time a day as you like, local Airport Authority beauracracy notwithstanding.
Take care.
McDoo the Irish Navigator is offline  
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Old 22nd October 2008 | 18:24
  #42 (permalink)  
 
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From: British Columbia
Sunwing in trouble!

As of November 1st Sunwing is laying off 1000 employees.

They are in trouble!
Cuban.Cutie is offline  
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Old 22nd October 2008 | 19:23
  #43 (permalink)  
 
Joined: Jun 2000
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From: Canada
McDoo

I went through the Canadian Bilaterals (google search) and it's quite a list.
If we were to define West Jet under the FARs, they'd be a "Flag" carrier. So, obviously, I was wrong in my understanding having earlier said that WJ was an LCC. But in this day and age, it would appear as far as Canada is concerned, the international agreements allow a Country's government (in this case, Canada) to offer those negotiated routes to those who wish to fly them. The carrier must be a legitimate carrier under the CARs and overseen by TC. I guess WJ must wish to fly Barbados-Canada.

As for the Charter airlines, it is my understanding (and I certainly stand to be corrected on this one as well) that the charter airline receives nothing in terms of a cash payment until the flight leaves the ground enroute to its destination. I can't imagine the cash flow problems that might ensue having to operate like that but apparently, lots do so it's no surprise carrier assets are ceased for late payments. If the creditor senses you're in financial trouble he's going to protect his ASSets.

If this were true in Zoom's case, then having the assets seized by creditors left them in a not-so-nice position as far as collecting some of the fares sold if the flights couldn't depart. Hmmmm..... sticky wicket that.

That puts AT, CJ, Sunwings and any of the other players out there, in the same crosshairs. Since oil prices have dropped (maybe plummeted is a better word) these guys should be fine for now.

Anyone got a crystal ball?
Willie Everlearn is offline  
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Old 23rd October 2008 | 00:57
  #44 (permalink)  
20 Anniversary
 
Joined: Feb 2004
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From: out there somewhere...
Don't need no ball...how about those who fail to learn from history...you get the rest?
Left Coaster is offline  
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Old 23rd October 2008 | 18:21
  #45 (permalink)  
 
Joined: Jun 2000
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From: Canada
LC

So true.
Willie Everlearn is offline  
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Old 19th February 2009 | 17:55
  #46 (permalink)  
 
Joined: Dec 2006
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From: Kanada Eh?
Sunwing is doing just fine....

What really disappoints me is vindictive unsubstantiated posts.

"Sunwing laying off 1000 people"
"Sunwing didn't make payroll"
"Sunwing won't make it past January"

All completely false. Found this on !!!!!!!!!!!!!!. Of particular interest is the post from a SunWing Captain near the bottom of the thread.

Sunwing About To Go Bust? — Civil Aviation Forum | !!!!!!!!!!!!!!
muckrucker is offline  
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