Polaris From Canada, joined Feb 2000, 1143 posts, RR: 1 Posted (12 years 5 months 3 weeks 10 hours ago) and read 1162 times:
Canada 3000 held the following licences:
- services within Canada;
- scheduled service between Canada and the US, Germany, the UK, France, and India;
- charter service between Canada and any other country.
As of today, 2002 January 24, these licences are all suspended.
This carrier says it will return to service. They now have thirty days in which to speak up otherwise these licences will be cancelled.
As of today, 2002 March 13, these licences have been cancelled. Pricewaterhouse Cooper, Canada 3000's Trustee in Bankruptcy, advised the Cdn Transportation Agency to proceed with the cancellation of all licences held by Canada 3000.
Polaris From Canada, joined Feb 2000, 1143 posts, RR: 1
Reply 5, posted (12 years 5 months 2 weeks 6 days 9 hours ago) and read 1002 times:
The bilateral agreements with the US, UK, Germany and France all allow multiple airlines to be designated for scheduled services. There are no restrictions.
The interesting one will be India.
The bilateral between Canada and India allows one Canadian carrier on an Atlantic route to Bombay and/or Delhi. This was originally assigned to Air Canada but subsequently suspended by the carrier. They used to transit London and preferred to use their Heathrow slots for additional flights to Canada. Air Canada eventually lost the rights to India under the government's "Use-It-Or-Lose-It" policy.
...and one Canadian carrier on a Pacific route to Delhi or Calcutta. This was originally assigned to Canadian Airlines but was never operated by the carrier.
Canada 3000 was eventually assigned both these route rights. Air Canada was expecting that Canada 3000 would get the Atlantic rights and they would get the Pacific rights. You might recall that they even issued a press release announcing a return to the Indian market - pending government approval.
Now, it will be interesting to see which, if any, Canadian carrier applies for the scheduled rights to India.
Yyz717 From Canada, joined Sep 2001, 16248 posts, RR: 56
Reply 6, posted (12 years 5 months 2 weeks 6 days 6 hours ago) and read 975 times:
Canada-India is hard to make $ on. Stops in LHR/LGW mean load managing to the UK and from the UK to India. Nonstop flights mean utilizing only your longest haul aircraft. Yields are low as well. VFR. No wonder AC has entered & exited several times.
Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.