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cirrusdragoon
Topic Author
Posts: 188
Joined: Thu Feb 22, 2018 6:42 pm

Flair Airlines weathering well

Sun Mar 15, 2020 3:40 am

It appears Flair Airlines is traversing this current covid-19 crisis well,

https://www.theglobeandmail.com/busines ... -outbreak/

According to them, its ticket sales are within 4 per cent of targets, and passenger volumes are normal for this time of year.


“We haven’t seen the downturn yet,” said Jim Scott, chief executive officer of Flair, which flies seven planes to 10 Canadian cities, and has no international routes. Mr. Scott said one of the carrier’s big U.S. investors is ready to inject any needed cash.”


Well that is some good news for the canadian aviation scene.
Last edited by atcsundevil on Sun Mar 15, 2020 11:13 pm, edited 1 time in total.
Reason: Edited spelling in title
 
DFF
Posts: 11
Joined: Mon Jan 22, 2018 4:41 am

Re: Flair Airlines withering well

Sun Mar 15, 2020 3:51 am

Remember this thread. Do you honestly think they would say anything else? Air travel is dropping like a stone - what gave Flair any sort of immunity to this event? Last attempt to maintain consumer confidence. My guess is they don’t last to see March 31.
 
classicjets
Posts: 281
Joined: Fri Jun 24, 2011 1:15 am

Re: Flair Airlines withering well

Sun Mar 15, 2020 5:28 am

I feel like there is a freudian slip in the title
 
ACDC8
Posts: 7874
Joined: Thu Mar 10, 2005 6:56 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 9:59 am

DFF wrote:
My guess is they don’t last to see March 31.

Oh, hey Jimbo! :rotfl:

Seriously though, unless domestic travel has taken a massive decline in Canada, Flair should be the least hit during this.
A Grumpy German Is A Sauerkraut
 
IndianicWorld
Posts: 3371
Joined: Mon Jun 04, 2001 11:32 am

Re: Flair Airlines withering well

Sun Mar 15, 2020 10:24 am

ACDC8 wrote:
DFF wrote:
My guess is they don’t last to see March 31.

Oh, hey Jimbo! :rotfl:

Seriously though, unless domestic travel has taken a massive decline in Canada, Flair should be the least hit during this.


All air travel is taking a significant hit, but as they are only flying domestic routes, it mitigates some of the fallout somewhat.

The only thing that it doesn’t have to deal with yet is international border restrictions and new risk hotspots that are causing so many operational issues for many other carriers on a near daily basis, but it’s not to say that internal restrictions won’t be enacted at some point.

The reality is though that many companies have stopped domestic and international flying for their employees and enacted contingency planning that is seeing many work from home. Hardly a great environment to see healthy demand for travel in general, so what currently seems to be a bit of a buffer for them will likely becomes just as big of a pain point very soon.
 
MIflyer12
Posts: 8104
Joined: Mon Feb 18, 2013 11:58 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 11:13 am

DFF wrote:
Remember this thread. Do you honestly think they would say anything else? Air travel is dropping like a stone - what gave Flair any sort of immunity to this event? Last attempt to maintain consumer confidence. My guess is they don’t last to see March 31.


It looks like they are privately held so stock trading disclosure rules don't apply, but if deliberate misinformation (like sales volumes) is part of their plan IMHO they could be sued for fraud.
 
SwissCanuck
Posts: 237
Joined: Tue Jan 14, 2014 8:06 am

Re: Flair Airlines withering well

Sun Mar 15, 2020 11:17 am

Even out of province health care can become a massive PITA very quickly. I'm sure domestic travel will take a serious hit in the weeks to come as well.
 
sandyb123
Posts: 964
Joined: Mon Oct 15, 2007 9:29 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 11:17 am

classicjets wrote:
I feel like there is a freudian slip in the title


:lol:
Member of the mile high club
 
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PacoMartin
Posts: 901
Joined: Sun May 27, 2018 8:18 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 11:50 am

classicjets wrote:
I feel like there is a freudian slip in the title

Probably the only reason anyone read this thread.
 
jimbo737
Posts: 525
Joined: Mon Jan 18, 2016 12:18 am

Re: Flair Airlines withering well

Sun Mar 15, 2020 2:34 pm

Sure, Jim.....

Business as usual, eh?

I guess we now know where Baghdad Bob resumed his career.

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11C
Posts: 160
Joined: Mon Jun 17, 2019 2:25 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 3:19 pm

classicjets wrote:
I feel like there is a freudian slip in the title

I was starting to think I was the only one who saw that.
 
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cirrusdragoon
Topic Author
Posts: 188
Joined: Thu Feb 22, 2018 6:42 pm

Re: Flair Airlines w well

Sun Mar 15, 2020 5:50 pm

11C wrote:
classicjets wrote:
I feel like there is a freudian slip in the title

I was starting to think I was the only one who saw that.


Sorry english is my fourth language, apologies for spelling mistake.
 
11C
Posts: 160
Joined: Mon Jun 17, 2019 2:25 pm

Re: Flair Airlines w well

Sun Mar 15, 2020 7:14 pm

cirrusdragoon wrote:
11C wrote:
classicjets wrote:
I feel like there is a freudian slip in the title

I was starting to think I was the only one who saw that.


Sorry english is my fourth language, apologies for spelling mistake.


My apologies, I only speak one language, modestly well. I just enjoyed the double entendre.
 
Iluvtofly
Posts: 104
Joined: Tue Oct 20, 2015 4:22 pm

Re: Flair Airlines w well

Sun Mar 15, 2020 7:43 pm

cirrusdragoon wrote:
11C wrote:
classicjets wrote:
I feel like there is a freudian slip in the title

I was starting to think I was the only one who saw that.


Sorry english is my fourth language, apologies for spelling mistake.


Awesome, good on you ! 4 languages is quite an accomplishment.
Flown - B707 727 737 747 757 767 777 787 A300 310 319 320 321 330 340 Concorde BAC111 TU154 VC10 F27 F28 F100 DC3 DC8 DC9 DC10 L1011 L188 DHC6 DHC7 DHC8 E135 E145 HS748 MD11 ST27 CV580 S340 ATR42 J31
 
User avatar
Veigar
Posts: 528
Joined: Sat Jun 27, 2015 4:09 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 7:44 pm

IndianicWorld wrote:
ACDC8 wrote:
DFF wrote:
My guess is they don’t last to see March 31.

Oh, hey Jimbo! :rotfl:

Seriously though, unless domestic travel has taken a massive decline in Canada, Flair should be the least hit during this.


All air travel is taking a significant hit, but as they are only flying domestic routes, it mitigates some of the fallout somewhat.

The only thing that it doesn’t have to deal with yet is international border restrictions and new risk hotspots that are causing so many operational issues for many other carriers on a near daily basis, but it’s not to say that internal restrictions won’t be enacted at some point.

The reality is though that many companies have stopped domestic and international flying for their employees and enacted contingency planning that is seeing many work from home. Hardly a great environment to see healthy demand for travel in general, so what currently seems to be a bit of a buffer for them will likely becomes just as big of a pain point very soon.



I swear I have seen them at LAS before. Was that seasonal?
 
ACDC8
Posts: 7874
Joined: Thu Mar 10, 2005 6:56 pm

Re: Flair Airlines withering well

Sun Mar 15, 2020 8:44 pm

Veigar wrote:
I swear I have seen them at LAS before. Was that seasonal?

They ventured into a few US destinations briefly.
A Grumpy German Is A Sauerkraut
 
jimbo737
Posts: 525
Joined: Mon Jan 18, 2016 12:18 am

Re: Flair Airlines weathering well

Thu Mar 19, 2020 8:16 pm

Flair’s in a classic Catch 22.

They haven’t shutdown, (yet), because they know that if they do, they’re pretty much assured they’ll be done. Unlike WestJet in 1996, they’ll be no public outcry if they shutdown. No one really cares.

If they keep going, they drain their already minimal cash to nothing.

It doesn’t take a genius to figure out what the appetite is to invest in the airline business these days. No rational investor is going to plow good money after bad into a venture that’s been circling the toilet bowl for at least the past year.

With foreign ownership limits, Flair’s current US investors cannot legally invest more into the venture, at least not until they up with an equal amount of Cdn investor content. That’s not going to happen anytime soon.

It’ll be fascinating to see how Flair deals with the nearly 3,000 people who bought their unlimited flight passes for $700 that were good until May 13th if they do what every airline on the planet is doing.

Do they extend the offer out the other end and crater their late spring, early summer yields? Do they claim “force majeure” and tell what’s left of their core customers to pound sand?

I think I’d rather be forced to eat bugs for a month than be in their management’s shoes. There’s no way out.

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