Sonic99 From , joined Dec 1969, posts, RR: Posted (11 years 6 months 1 week 6 days 18 hours ago) and read 1181 times:
Latest news reports state that Canada 3000 has ceased all operations and is bankrupt. The company's directors and officers have all resigned and all assets are to be sold off. Company officials could not find any suitable offers this past weekend to allow the company to continue operations. Canada 3000 was Canada's second largest airline company. It is certainly sad to hear of its demise.
Pilot1113 From United States of America, joined Aug 1999, 2333 posts, RR: 13 Reply 2, posted (11 years 6 months 1 week 6 days 18 hours ago) and read 1087 times:
I wonder what's become of our friend, Buff. He was a pilot for them. I hope he's found a job to replace that one.
I know he decided to abandon these forums shortly after September 11th. I'm just hoping that someone's kept up on him.
Sonic99 From , joined Dec 1969, posts, RR: Reply 4, posted (11 years 6 months 1 week 6 days 18 hours ago) and read 1061 times:
C3000 is gone! The news came in just as suddenly as when they grounded their aircraft this past week; and these aren't rumours.
Their assets will be sold off in the coming weeks for fair market value, the leased aircraft returned to leasing companies and creditors paid amounts owed (although, I imagine not in full).
There's a lot still up in the air though. No mention of Royal since Mr. Leblanc (ex-Royal CEO) raised a few eyebrows this past week in stating that he wanted to buy back Royal assets from C3.
From the looks of it now, Air Canada, Westjet, and Air Transat are the only ones left. Hopefully Westjet will not rush into things by expanding too quickly which could cause it some growing pains...
Sonic99 From , joined Dec 1969, posts, RR: Reply 6, posted (11 years 6 months 1 week 6 days 17 hours ago) and read 1044 times:
Ooops.. Forgot about them. I'm sure their winter getaway traffic will increase. I wonder to what extent they will fill the void left by Canada 3000 for flights within Canada.
BO__einG From Canada, joined Apr 2000, 2759 posts, RR: 20 Reply 8, posted (11 years 6 months 1 week 6 days 17 hours ago) and read 1028 times:
I speak for all Canadian when I too say: Canada 3000 has met a sad end.
OUtstanding debts and economic slowdowns in Canada has really pummeled this airline which had a big future in mind.. Eg/ its First A340.. Its been in service for what.. less than 2 weeks?
I heard that all its planes which were lease will be sent back to the owners liek tomorrow.
Ill miss those A330-200s the 757-200s the A320s and the dreadful 737-200s.
This really STinKS! It makes airports even more boring now for spotting.
First Ansett, then Sabena and then C3.. Who will be next?!
IM surprised that No US Airlines had suffered massive like this. Jet BLue, US Airways,, and other Airlines which are Based in NYC or DC or any city near the inflicted places..
I was really hoping to get a shot of the a340 someday ...
Expanding my global domination one spotter at a time..
Crank From Canada, joined exactly 12 years ago today! , 1556 posts, RR: 3 Reply 9, posted (11 years 6 months 1 week 6 days 17 hours ago) and read 1020 times:
OH man, that is really sad. I'll miss their A340 wich flew for only a month. I'll I can do now is
Longhaul747 From United States of America, joined Dec 2000, 173 posts, RR: 0 Reply 10, posted (11 years 6 months 1 week 6 days 17 hours ago) and read 1010 times:
I feel so sad about Canada 3000. I always thought they were a model airline of how the airline business should be. To bring the world closer at an affordable price. I was looking to go to Australia next year and Canada 3000 was always the cheapest out of Vancouver.
AC340 From Canada, joined Aug 2001, 337 posts, RR: 0 Reply 11, posted (11 years 6 months 1 week 6 days 16 hours ago) and read 1003 times:
Would C3 sell it's routes to Air Transat and Skyservice? Would they buy them?
I can see Air Transat buying some of C3's domestic routes/planes and Skyservice buying international routes/planes to help these Airlines expand and to fill the void left buy Canada 3000's death.
Another question. How likely is it that a new airline, maybe with a different name and organisational structure grow out of the ashes of C3? Perhaps Sir Richard Branson might acquire some C3 assets and start up a Virgin Canada or something along those lines. (provided of course he receives permission from the Government or finds a way around the foreign ownership restrictions) Perhaps Gerry Swartz might take another look at the Airline industry.
BNE From Australia, joined Mar 2000, 3156 posts, RR: 13 Reply 13, posted (11 years 6 months 1 week 6 days 15 hours ago) and read 969 times:
I read in the paper on the weekend that mentioned that on 10 September they recorded their largest bookings for 1 day, and then September 11. Rather sad isn't it. I am not sure how profitable the routes were to Australia some of those prices to Hawaii and Vancouver looked awfully cheap.
Fallingeese From Canada, joined Apr 2001, 2097 posts, RR: 20 Reply 17, posted (11 years 6 months 1 week 5 days 20 hours ago) and read 876 times:
I doubt that a CANADA 3000 will be back ever. There might be a new airline under a different name with similar components, but the way this whole bankruptcy was handled it lost many customers and numerous other parties.
Jean Leloup From Canada, joined Apr 2001, 2106 posts, RR: 23 Reply 18, posted (11 years 6 months 1 week 5 days 19 hours ago) and read 861 times:
I don't think C3 owned many (if any) of their planes, so people can't exactly pick them up for particularly cheap. Let's hope for the routes, though, and for their GREAT employees. I really would love to see a new startup or maybe a couple right now. Times are tough, but we need SOMEONE other than AC to profit from C3's downfall. Whatever happened to the TWO carriers that were proposing to fly Do-328's in Ontario and Quebec? One was to be based in London and the other in Quebec city. I e-mailed Bearskin Airlines and they said they're still considering YUL-YKZ. It would just be a drop in the bucket, but it would be SOMEthing...
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