Thursday, June 08, 2006

Bonderman Says Sell

As far as the majors go...we agree with this. Authentic, smart LCCs (there are none in the US right now) will continue to grow.

8 Comments:

At 12:39 PM, Anonymous YNG said...

LCC-AirTran-JetBlue-Allegiant.

They all appear to be doing well and growing.

 
At 7:57 AM, Anonymous planespotting@gmail.com said...

More CQ Air....
(http://www.pennlive.com/business/patriotnews/index.ssf?/base/business/1149817212157710.xml&coll=1)

The Web site for CQ Air, a startup airline that says it plans to offer service at Harrisburg International Airport, hints that the airline will let "the secret out" in a few weeks.

CQ Air Chairman Roger Sedlak did not respond to requests to comment. But statements from officials with federal regulatory agencies suggest that CQ Air has a way to go before it can begin flight service at HIA.

CQ Air's interest in HIA became public after a letter of support from Mike Adams, CQ's senior project manager, was included in a grant application for federal funding submitted by Wilkes-Barre/Scranton International Airport.

The application refers to service proposed by CQ Air that would include two flights daily with regional jets and turboprop aircraft. The service would start this summer and run through 2007.

According to the application, CQ Air seeks $100,000, including $75,000 from the FAA and $12,500 each from Luzerne and Lackawanna counties.

"CQ Airlines is pleased to offer this letter in support of Wilkes-Barre/Scranton International Airport's Small Community Air Development Grant application for nonstop Harrisburg service on CQ Airlines, and the addition of other Intra and Interstate markets," Adams wrote in the April 6 letter. "The funding of this application will almost guarantee our implementation of low-cost service in this market and the access through our new proposed hub in MDT." MDT is the airport code for Harrisburg International Airport.

CQ Air had set June 5 as the date to announce its service, but the announcement was postponed. Adams told The Patriot-News that CQ Air still plans to offer service in Harrisburg, but he would not say when.

CQ Air is renting space at HIA for its headquarters, HIA Aviation Director Fred Testa said. He said HIA and CQ Air do not have any other agreements, such as a lease for an airport gate.

"This is a startup. It may take as much as a year," Testa said.

Nor does CQ Air have lease agreements at Wilkes-Barre/Scranton, according to Airport Director Barry J. Centini.

 
At 7:59 AM, Anonymous planespotting@gmail.com said...

...

"We put them down as a potential" carrier in the grant application, Centini said. He said he has not heard whether the federal government will provide funding.

Applications and hurdles:

The U.S. Department of Transportation doesn't have an application from CQ Air for a certificate of public convenience and necessity, known as "a fitness certificate," spokesman Bill Mosley said. Several weeks are needed for an airline to obtain a certificate, Mosley said. During a required public comment period, anyone may object to the airline being granted a certificate.

An applicant also must demonstrate adequate finances to run an airline. In addition, a company must document legal compliance, meet a U.S. citizenship standard and show that it has experienced management to run an airline.

The CQ Air Web site lists openings for pilots, flight attendants, mechanics and administrative positions. In recent weeks, it has run advertisements in newspapers, including The Patriot-News, seeking to fill the positions.

The Federal Aviation Administration normally has startup airlines apply for a new air carrier certification. This process can take up to two years, FAA spokesman Jim Peters said.

Peters said a CQ Air official told FAA officials in Harrisburg that CQ had purchased "an existing operating certificate from another carrier." Peters said the official didn't provide further information.

"There are a lot of questions that need to be answered. They haven't provided the information we need to assist them for starting up service," Peters said. "CQ representatives need to contact the FAA to tell us what their intentions are at HIA."

Even if CQ Air has purchased the certificate, the company still needs FAA approvals related to who is running the airline and what kind of aircraft it will use, Peters said.

The FAA also must approve the airline's "city pairs," basically the arrangements CQ Air has in place to fly from one airport to another.

Peters said CQ Air might intend to provide service through another airline. If so, CQ Air likely doesn't need pilots.

CQ Air doesn't need state approval to operate an airline in Pennsylvania, said Kirk Wilson, spokesman for the state Bureau of Aviation. The only requirements would be those that apply to any company that wants to do business in the state generally, he said.

 
At 4:54 PM, Anonymous Tucano Bandeirante said...

OK, is anyone else feeling really hinky about this operation? It's like Amateur Night. They have missed every deadline they've announced and never mind that shady web site.

I say to perspective airports that hear from these clowns -- RUN -- do not walk -- to the nearest exit. But you know, there are plenty of desperate airlines that will fall right into the trap. Sad.

 
At 4:48 PM, Blogger Emerging Airlines said...

yng,
I think we mis-communicated there. Of course WN, B6 and FL are out there and growing (though B6 is tripping up even on that), our put is that there are no more true LCCs left in the US defined by there willingess to push fares lower, not higher and by constructing a focused network that drives productivity. WN was there 10 years ago, there are there anymore. B6 never has been. FL is doing better than either of them, but they are not there yet.

 
At 4:17 PM, Anonymous Anonymous said...

Is this the same fraudster Roger Sedlak who owned Airisen Corp? If so....RUN!!!!!

 
At 6:23 AM, Anonymous Anonymous said...

Roger Sedlak was indicted in NJ in around 1995 for theft by deception for his attempt at starting an airline at Allaire airport. He was also indicted in FL for the same thing and served time in jail. Check with the Monmouth County prosecutor, he is probably violating probation with this latest scheme.

 
At 12:01 PM, Anonymous Anonymous said...

so he just got busted in Pa all this airline stuff was a cover for his prostitution business. lol you guys were right he was shady!! 3/6/09

 

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