Tag Archives: YHM

WestJet to fly to Las Vegas from Abbotsford

WestJet (Calgary) has announced new nonstop, twice-weekly service between Abbotsford, British Columbia and Las Vegas, set to launch on October 29, 2015.

According to the airline, “The Abbotsford International Airport recently eliminated several fees, including the airport improvement fee, creating a cost-friendly environment for WestJet to grow service from the Fraser Valley.”

“Abbotsford and WestJet have been partners since 1997, and we see the recently announced fee drops at the airport as an opportunity to further build service in the area,” said Gregg Saretsky, WestJet President and CEO. “We need more airport authorities across Canada to think like Abbotsford.”

“We are committed to continually improving options for guests flying out of Abbotsford, just as they have committed to supporting our airline for the last 17 years. We are betting on the success of this route as part of our winter 2015-2016 schedule, and we are proud to offer an ultra-low fare in celebration of the announcement.”

Details of new Thursday/Sunday non-stop service between Abbotsford and Las Vegas:

Copyright Photo: TMK Photography/AirlinersGallery.com. WestJet Airlines Boeing 737-7CT WL C-FEWJ (msn 32769) departs from Hamilton.

WestJet aircraft slide show:

Cargojet Airways leases two Boeing 767-200 ERF freighters from Air Transport Services Group

Air Transport Services Group, Inc. (Wilmington, Ohio), the sister company of ABX Air and ATI, has announced it has signed a new agreement with Cargojet Airways (Hamilton, Ontario), Canada’s cargo airline, to lease two Boeing 767-200 ER freighters.

Cargojet currently dry-leases two Boeing 767-200 freighters from ATSG’s subsidiary Cargo Aircraft Management Inc. (CAM) under long-term agreements. Cargojet has signed agreements to dry-lease an additional two Boeing 767-200 freighters from CAM, for up to three years. The first aircraft is expected to be delivered by the end of the second quarter, with the second aircraft delivering early in the third quarter.

Cargojet is currently in the process of a fleet renewal plan. Leasing these two additional 767-200 freighters is part of the company’s current growth strategy. The cargo airline is gearing up its fleet for the upcoming Canada Post/Purolator contract. The airline is also phasing out its Boeing 727 freighter fleet, one of the last operators of the trijet in North America.

Copyright Photo: Reinhard Zinabold/AirlinersGallery.com. Formerly operated by American Airlines, Boeing 767-223 (F) C-FMCJ (msn 22316) is pictured landing at the Hamilton base.

Cargojet:

First Air and Canadian North to discuss a merger of equals

Makivik Corporation and NorTerra Inc., respectively the shareholders of First Air (Ottawa) and Canadian North (Yellowknife), have agreed to hold discussions leading to the merger of their operations consistent with a merger of equals, subject to the successful conclusion of negotiations and regulatory review.

The potential merger is intended to create a single airline entity that builds on the strengths and identities of the two companies. A merger would improve the sustainability of these critical Inuit birthright enterprises and would also create better air services and new economic development opportunities across the north.

Flight operations and services will remain independent and unaffected during the negotiation and regulatory review phases.

Makivik Corporation and NorTerra Inc. will inform the public as discussions progress.

Top Copyright Photo: TMK Photography/AirlinersGallery.com. Formerly operated by KLM, Boeing 737-406 C-FFNC (msn 27232) of First Air taxies at Hamilton, Ontario.

First Air:

Canadian North:

Bottom Copyright Photo: Gilbert Hechema/AirlinersGallery.com. First Air’s Boeing 737-25A C-GCNO (msn 23790) climbs away from the runway at Montreal (Trudeau).

First Air current route map:

Canadian North current route map:

Cargojet is profitable for the fourth quarter and 2012

Cargojet Inc. (Cargojet Airways) (Hamilton) announced today financial results for the fourth quarter and twelve-month period ended December 31, 2012 .

For the Fourth Quarter Ended December 31, 2012:

Total Revenues were $46.4 million , an increase of $3.5 million or 8.2% versus the previous year.
Gross Margin was $8.8 million , an increase of $1.7 million or 23.9% versus the previous year
EBITDA was $5.4 million , an increase of $2.2 million or 68.8% versus the previous year

For the Twelve Months Ended December 31, 2012:

Total Revenues were $168.8 million , an increase of $3.3 million or 2.0% versus the previous year.
Gross Margin was $28.3 million , a decrease of $1.5 million or 5.0% versus the previous year
EBITDA was $16.9 million , an increase of $1.7 million or 11.2% versus the previous year

“We are very pleased with our financial results, as we continue to operate in a challenging economic environment,” said Ajay Virmani, President and Chief Executive Officer. “Lower costs and greater efficiencies have combined with stronger core overnight and charter revenues, to provide for a strong finish to the year,” he added. “We are encouraged by the volume growth in the last half of the year and will continue to focus on new revenue opportunities and continued prudent cost management as we move forward into 2013”.

Copyright Photo: TMK Photography. Cargojet is one of the last cargo operators of the Boeing 727 freighter in North America. Ex-Eastern Boeing 727-225 (F) C-GCJB (msn 21855) taxies at the Hamilton hub.

Cargojet Airways:

Northern Air Cargo leases its second Boeing 737-300 freighter

Northern Air Cargo-NAC (Anchorage) on June 18 leased its second Boeing 737-300 freighter. Boeing 737-301 (SF) N361NC (msn 23260) was formerly operated by Bluebird Cargo as TF-BBI.

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, leased the freighter to NAC, a new customer for GECAS.

The aircraft will be used to upgrade and expand Northern Air Cargo’s fleet.

Privately held Northern Air Cargo operates scheduled freight service to destinations in Alaska and the Pacific Northwest as well as charter freight service to other locations throughout North America. The carrier operates a fleet of five cargo aircraft.

Copyright Photo: TMK Photography. The pictured Boeing 737-301 (SF) N360WA (msn 23553) was the first, delivered on October 28, 2010.

NAC-Northern Air Cargo:

Route Map:

Please click on the map to expand.

Cargojet buys remaining 49% of Prince Edward Air

Cargojet Airways (subsidiary of Cargojet Income Fund) (Hamilton) has agreed to buy the remaining 49 percent of Prince Edward Air (Charlottetown). Previously Cargojet acquired a controlling 51 percent interest in the feeder and charter airline on May 1, 2008. The deal is expected to be closed on March 31, 2009. Cargojet started the Cargojet Regional brand in October 2007 after it acquired Georgian Express on July 27, 2007