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Another airline gone bust

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Another airline gone bust

Old 5th Apr 2010, 17:10
  #41 (permalink)  
 
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Thomas Cook - future plans in Canada

Thomas Cook negotiating flight service agreement for November 2010 and beyond.

JAZZ AIR INCOME FUND | Jazz Air LP announces flight services agreement with Thomas Cook Canada to operate Boeing 757-200 aircraft

I see a whole new thread starting soon.

Best wishes for all at SSV
CPierre is offline  
Old 7th Apr 2010, 21:55
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The agreement between TCCI and JAZZ was not negotiated in the span of a week.

Does anyone know when the contract between TCCI and SSV was scheduled to expire? Was there an early termination penalty if TCCI wanted to exit early? Was it more that 9 miliion?

Rumour is that Jazz and TCCI have been in discussions since late last year and Jazz ALPA became involved in early spring.

Sounds somewhat predatory to me... Jazz's pay rate for the flight crew may open some eyes.
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Old 8th Apr 2010, 03:10
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Does anyone know when the contract between TCCI and SSV was scheduled to expire? Was there an early termination penalty if TCCI wanted to exit early? Was it more that 9 miliion?
It expired on May 1, 2011. There was a termination penalty but I don't know how much it was for.

Rumour is that Jazz and TCCI have been in discussions since late last year and Jazz ALPA became involved in early spring.
I think you can count on that.

Sounds somewhat predatory to me... Jazz's pay rate for the flight crew may open some eyes.
J.O. is offline  
Old 8th Apr 2010, 10:10
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I think that the fact that TCX took the hangar and offices as surety against debt indicates that the writing was on the wall and no predatory intent. It also allowed them to get their aircraft back at the end of the season which may not have been assured otherwise (aircraft currently impounded at YWG and YYZ).

Whilst it is understandable that Jazz pilots are very pleased to have picked up the contract nothing is assured yet until the regulatory approval has been granted and then serious talks take place regarding the crewing of aircraft. That might need more flexibility and consideration on the Jazz pilots part than they currently display over on Avcanada although who knows what the details will be yet.

I sincerely hope all SSV personnel secure employment soon.
Torque2 is offline  

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