Great Lakes Updates
01-17-2018 | 12:34 PM
#131
Gets Weekends Off
Joined: Sep 2015
Posts: 50
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Engines not turning make silence.
Since they de-listed their stock, they have virtually no public reporting to file, and they have no motive to report continued failures to get or keep destinations. Except when a local airport seeks or gets a new carrier, the news media don't really care.
GLA seems to be a victim of holding on to a business model that has past its time. The glut of CRJ-200s and EMB-135/145s on the market means that existing regionals can use then in thinner markets (with or without subsidies, EAS or contractual from air-carrier-less desperate airports). Small carriers can start scheduled service with inexpensive used airframes. Shiny Jet Syndrome actually works for people using small jets, since PAX normally prefer jets to piston engines or turboprops. That's why we see Skywest and some AA wholy-owneds getting cities away from GLA.
GLA has older aircraft with diminishing value, and not much to bring to the table to (a.) buy jets, (b.) buy a jet carrier, (c.) even be an interesting merger partner, or (d.) attract enough new investment to overcome these factors. I'm not privy to their financials, but with very low break-up value, when GLA busts enough loan requirements, it'll take an investor who needs some losses to pull the plug
Too bad, but they haven't found a way out of this downward spiral yet.
Since they de-listed their stock, they have virtually no public reporting to file, and they have no motive to report continued failures to get or keep destinations. Except when a local airport seeks or gets a new carrier, the news media don't really care.
GLA seems to be a victim of holding on to a business model that has past its time. The glut of CRJ-200s and EMB-135/145s on the market means that existing regionals can use then in thinner markets (with or without subsidies, EAS or contractual from air-carrier-less desperate airports). Small carriers can start scheduled service with inexpensive used airframes. Shiny Jet Syndrome actually works for people using small jets, since PAX normally prefer jets to piston engines or turboprops. That's why we see Skywest and some AA wholy-owneds getting cities away from GLA.
GLA has older aircraft with diminishing value, and not much to bring to the table to (a.) buy jets, (b.) buy a jet carrier, (c.) even be an interesting merger partner, or (d.) attract enough new investment to overcome these factors. I'm not privy to their financials, but with very low break-up value, when GLA busts enough loan requirements, it'll take an investor who needs some losses to pull the plug
Too bad, but they haven't found a way out of this downward spiral yet.
01-17-2018 | 09:07 PM
#134
Gets Weekends Off
Joined: Aug 2007
Posts: 2,049
Likes: 0
From: I pilot
Lots of planes just sitting on the ramp in Denver. Also, some flights like Cheyenne, only operate a couple times a week now when they used to be a couple times a day.
02-23-2018 | 02:18 PM
#137
Gets Weekends Off
Joined: Jan 2015
Posts: 148
Likes: 0
Carlsbad Confusions
California Pacific announced last fall that they've bought ADI as their next (of many, faltering) steps to create a new commercial air service for north San Diego County. CalPac website expects service to start in March or April, 2018. Nothing on ADI's web site about the purchase, or Cal Pac plans.
Nothing on the airport's website for CalPac. Cal Jet by Elite is there, since the fall of 2017. Carlsbad-Vegas RTs in CRJ-700s.
Cal Jet by Elite still shows flights available on their website (although the schedule is slightly reduced). To the consternation of some, they've been basing the flight crews, and at least some of the aircraft, out of Elite's operations base at MLB in Melbourne, Florida. That's a lot of transcon dead-heading!
Elite is a charter outfit, with some scheduled service. When the aircraft aren't doing scheduled service, they do charters. And vice-versa.
Nothing on the airport's website for CalPac. Cal Jet by Elite is there, since the fall of 2017. Carlsbad-Vegas RTs in CRJ-700s.
Cal Jet by Elite still shows flights available on their website (although the schedule is slightly reduced). To the consternation of some, they've been basing the flight crews, and at least some of the aircraft, out of Elite's operations base at MLB in Melbourne, Florida. That's a lot of transcon dead-heading!
Elite is a charter outfit, with some scheduled service. When the aircraft aren't doing scheduled service, they do charters. And vice-versa.
02-25-2018 | 10:08 AM
#138
On Reserve
Joined: Jul 2017
Posts: 12
Likes: 0
https://www.ch-aviation.com/portal/n...i-aerodynamics
there was another news article that said they may be delayed but it was for subscribers only. https://www.ch-aviation.com/portal/n...ly-2q18-launch
there was another news article that said they may be delayed but it was for subscribers only. https://www.ch-aviation.com/portal/n...ly-2q18-launch
03-18-2018 | 09:12 AM
#139
On Reserve
Joined: Jul 2017
Posts: 12
Likes: 0
[QUOTE=zondaracer;2505479]Lots of planes just sitting on the ramp in Denver. Also, some flights like Cheyenne, only operate a couple times a week now when they used to be a couple times a day.[/QUOTE
Can you get a photo of the Great Lakes Airlines planes on tarmac in Denver?
Are you talking about 5 planes? 15 planes?
Can you get a photo of the Great Lakes Airlines planes on tarmac in Denver?
Are you talking about 5 planes? 15 planes?
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