Young operator analysis: Canadian Jetlines’ leasing plans
Canadian ultra-low cost carrier start-up Jetlines carrier needs to raise CAD50 million to launch its business. The carrier has attracted willing European equity but needs a government exemption on the current foreign ownership limits of 25% to 49%.The Ishka View is that there is a strong chance that the firm will receive the necessary exemption but there is a risk that further delays could spook the appetite of its foreign investors.
FLY full-year results 2016: Can FLY overcome its hurdles?
Ishka examines why FLY Leasing’s revenues have declined by 25.3% in 2016 compared to 2015. more