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Old 11-16-2012, 10:46 AM   #950
Bigtime
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According to some tweets from a CBC Calgary reporter Enerjet is trying to raise $80M to be flying as a "ultra low cost" airline by the end of 2013.

The emphasis being that they will shift over to becoming a scheduled airline, and not just a charter operator anymore.

Here are the tweets:

Quote:
Aviation analyst Kokonis says he was approached by NY firm looking 4 investors 4 an Enerjet expansion to low-cost scheduled airline.

Enerjet confirms they're trying 2 raise investments, and have contracted the NY firm, but say no final decisions on how money used.

Kokonis: the pitch was specific- for $80 mil, goal 2 be flying by end of next year as an "ultra low cost" airline. He says? Bad idea.
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