RedJet cancels flights indefinitely - edit flights resumed

[~*Pãñdorą*~]

REDjet wishes to advise that all flights on Sunday 28th August and beyond will proceed as scheduled. REDjet is in the process of contacting all passengers on flights into and out of Barbados, Guyana and Trinidad to confirm same and will make futher contact should there be any changes to our operations. We thank you for your patience and again apologise for any inconvenience caused.

^^Taken from their Facebook Page.

[Upcfordcruiser]

According to their profile they have two McDonnell Douglas MD-80's, both are ex-American Airlines aircraft. Gotta remember this is the airline business, not some maxi taxi operation. To keep the fares low, you have to keep costs low. New aircraft cost big money, which CAL can afford with their gov't subsidy (which Redjet doesn't get). Come to think of it, I don't think CAL actually outright owns any of their planes, they're all on long term wet leases if I remember correctly.

[RASC]

According to their profile they have two McDonnell Douglas MD-80's, both are ex-American Airlines aircraft. Gotta remember this is the airline business, not some maxi taxi operation. To keep the fares low, you have to keep costs low. New aircraft cost big money, which CAL can afford with their gov't subsidy (which Redjet doesn't get). Come to think of it, I don't think CAL actually outright owns any of their planes, they're all on long term wet leases if I remember correctly.

Wrong.
They do own SOME of their planes.
The rest are wet leases.


Not sure of the figures...someone more in the know, I'm sure will fill you in shortly.

[shake d livin wake d dead]

REDjet wishes to advise that all flights on Sunday 28th August and beyond will proceed as scheduled. REDjet is in the process of contacting all passengers on flights into and out of Barbados, Guyana and Trinidad to confirm same and will make futher contact should there be any changes to our operations. We thank you for your patience and again apologise for any inconvenience caused.

^^Taken from their Facebook Page.

interesting.........

[Chill_Factor]

According to their profile they have two McDonnell Douglas MD-80's, both are ex-American Airlines aircraft. Gotta remember this is the airline business, not some maxi taxi operation. To keep the fares low, you have to keep costs low. New aircraft cost big money, which CAL can afford with their gov't subsidy (which Redjet doesn't get). Come to think of it, I don't think CAL actually outright owns any of their planes, they're all on long term wet leases if I remember correctly.

Wrong.
They do own SOME of their planes.
The rest are wet leases.


Not sure of the figures...someone more in the know, I'm sure will fill you in shortly.

You mean dry leased. http://en.wikipedia.org/wiki/Aircraft_lease

The only wet leased aircraft are the 757s and 767s from North American and ABX Cargo.

[Upcfordcruiser]

You mean dry leased. http://en.wikipedia.org/wiki/Aircraft_lease

The only wet leased aircraft are the 757s and 767s from North American and ABX Cargo.

Gotcha.. guess I got the wrong info from my friend at Sun Country when they leased 737's from them.

[shake d livin wake d dead]

what's the latest with red jet,haven't been keeping up with their current problem.....

[shaneelal]

Friend got lots of run around to get her money back, she said they seemed very disorganized, they even outsourced some of their "paper work" to COPA Airlines. After going Piarco on two occasions for a refund they told her since she paid with her CC she could call a number for a refund, took her a few hours till she got through when they could have arranged this the day they called customers to inform them that the flights were cancelled.

[twostroker]

Na REDjet are still in the game,there is a lot of money behind to keep them going for a few years. One of the 2 aircraft they operate is currently away in the US getting serviced. It was unfortunate that they had problems with hydraulics on the one remaining operational aircraft which is now fixed. They are actually waiting on delivery of another 6 aircraft and once they begin to arrive in the new year there will be a serious expansion in the caribbean , South America and US (Miami FLL).

[Chill_Factor]

Na REDjet are still in the game,there is a lot of money behind to keep them going for a few years. One of the 2 aircraft they operate is currently away in the US getting serviced. It was unfortunate that they had problems with hydraulics on the one remaining operational aircraft which is now fixed. They are actually waiting on delivery of another 6 aircraft and once they begin to arrive in the new year there will be a serious expansion in the caribbean , South America and US (Miami FLL).

More MD82s? or 737s?

[twostroker]

Na REDjet are still in the game,there is a lot of money behind to keep them going for a few years. One of the 2 aircraft they operate is currently away in the US getting serviced. It was unfortunate that they had problems with hydraulics on the one remaining operational aircraft which is now fixed. They are actually waiting on delivery of another 6 aircraft and once they begin to arrive in the new year there will be a serious expansion in the caribbean , South America and US (Miami FLL).

More MD82s? or 737s?

Yeah more MD82's previously operated by american airlines, they will stick with this single aircraft type for awhile to keep maintenance and pilot training costs down

[Upcfordcruiser]

The MD-8x is a great aircraft. Hopefully they look at the MD-88's Delta will be retiring soon, they have a much updated cockpit with longer range and higher takeoff/landing limits.

[Habit7]

REDjet needs $8m
SAT, NOVEMBER 26, 2011 - 12:05 AM

REDJET IS AT THE crossroads in its operations. It needs an $8 million injection now to allow it to keep fulfilling its investors’ mandate to provide affordable air transport for Caribbean people – otherwise, the future of the airline could be in jeopardy.

This revelation came yesterday from the Barbadian-based low cost carrier’s largest local investor, Ralph “Bizzy” Williams.

The businessman, who this week accused Government of sabotaging the airline’s progress by excessive delays, told the SATURDAY SUN that $8 million which was invested for operating expenses in the initial months of the business had to be used otherwise. Now that the airline, which employs close to 100 people, is finally getting routes to fly, these funds have been exhausted.

“It [the money] had to be used in all of the delays that took place while we were waiting for permission to fly,” said Williams. (SP)



Full story in today’s SATURDAY SUN.

http://www.nationnews.com/articles/view ... -needs-8m/

start looking out for 2 MD-82 in "mint" condition in the classifieds

[shake d livin wake d dead]

REDjet needs $8m
SAT, NOVEMBER 26, 2011 - 12:05 AM

REDJET IS AT THE crossroads in its operations. It needs an $8 million injection now to allow it to keep fulfilling its investors’ mandate to provide affordable air transport for Caribbean people – otherwise, the future of the airline could be in jeopardy.

This revelation came yesterday from the Barbadian-based low cost carrier’s largest local investor, Ralph “Bizzy” Williams.

The businessman, who this week accused Government of sabotaging the airline’s progress by excessive delays, told the SATURDAY SUN that $8 million which was invested for operating expenses in the initial months of the business had to be used otherwise. Now that the airline, which employs close to 100 people, is finally getting routes to fly, these funds have been exhausted.

“It [the money] had to be used in all of the delays that took place while we were waiting for permission to fly,” said Williams. (SP)



Full story in today’s SATURDAY SUN.

http://www.nationnews.com/articles/view ... -needs-8m/

start looking out for 2 MD-82 in "mint" condition in the classifieds

[Habit7]

REDjet cancels flights, facing financial woes
2012-01-10 11:08:50 | (0 Comments)

BRIDGETOWN, Barbados, CMC – There were further signs of financial trouble Tuesday at the Caribbean first low cost carrier REDjet, mere weeks after officials said it needed an $8 million injection to allow it to keep fulfilling its investors’ mandate.

The Caribbean Media Corporation (CMC) has learnt that the Barbados-based REDjet has been forced to scale back its operation by cancelling flights between certain markets on some days.

In an internal memo, a copy of which has been obtained by CMC, REDjet’s Customer Service Manager Roy Norville advised that 56 flights “will not be operating and have been taken off sale for commercial reasons”.

The affected flights are Barbados-Guyana-Barbados Mondays and Thursday’s from January 16 to March 31, Barbados-Jamaica-Barbados Fridays from January 20 March 31, Trinidad-Guyana-Trinidad Mondays from January 16 to March 31, and Trinidad-Jamaica-Trinidad Sunday from January 22 to March 31.

In November, the low cost carrier’s largest local investor, Ralph “Bizzy” Williams said that eight million dollars invested for operating expenses in the initial months of the business had to be used otherwise.

Williams added that he and the Irish owners were unwilling to put any more money into the venture as they were fed up with the way their investment had been treated by the Barbados government.

Since its inception, several aviation officials have expressed the view that REDjet’s model is unsustainable in the Caribbean.

http://go-jamaica.com/news/read_article.php?id=34447

IBTBankruptcy

[hustla_ambition101]

Well they have no gov't to inject funding into them with no accountability, they have to face the market as is so is tough beans for them

[Country_Bookie]

Bizzy Williams and redjet management are completely clueless.
If you want people to invest in your business, you have to convince them that you have a stable business model and that it’ll be around long enough for them to realize a return on their investment. At all times you want to negotiate with potential investors from a position of strength.

Williams’ statement has deprived them of that opportunity, so now any potential investors gonna want to ‘dig out dey eye’ because everyone knows Redjet is desperate. All the flight cancellations are gonna scare off most investors. Would have been better to spin the cancellations as a ‘strategic redeployment of flights to meet high customer demand on some routes’ or ‘re-aligning Redjet’s services with our customer needs’, rather than making it seem like you might be closing down soon.

If they go out of business, we’re all screwed, ‘cos its back to CAL being a monopoly and charging $3500-$4000 for a 3 hour flight to Jamaica.

[noshownogo]

good points bookie, I for one hope they stick around.

[Habit7]

If they go out of business, we’re all screwed, ‘cos its back to CAL being a monopoly and charging $3500-$4000 for a 3 hour flight to Jamaica.

True that, when I travelled with them last week they were professional and efficient, but the flights barely had 50 ppl.
It would be nice if they had money to restructure, use some modern regional aircraft like some Embraers ERJ-170 or -190 and try not to be too low cost but try to pick up CAL scraps. Word on the ground is LIAT might not last this year so they might try to hold on till then. But when CAL gets its 7 ATRs together with its 5 Dash 8s, it could pick up the slack too.

[Upcfordcruiser]

There's a saying in the airline business that tends to ring true more often than not... the best way to turn a billionaire into a millionaire is to start an airline. Airlines are extremely unique in business models, they're at the mercy of external and internal forces that can sink them in a matter of days. Honestly I was wondering if Redjet had the financial capacity to make it through a few days of stormy summer weather when they would have to cancel flights.