At the end of last month, California Pacific Airlines announced that they would be restarting operations in the near future. The airline has gained additional investments from Glidepath Capital Partners which will allow the company to have the resources needed to relaunch operations according to Coast News Group. California Pacific Airlines will be adding 2 Embraer ERJ-145 regional jets to its fleet. Also, the firm will be leasing 1 Embraer ERJ-145 and 1 Embraer ERJ-135. The additional aircraft will bring the company’s fleet up to 7 aircraft total. In addition to the aircraft acquisitions, California Pacific Airlines plans to start service to additional destinations shortly after it relaunches. Oakland, Sacramento, and Tucson are the new destinations that the firm plans to add to its network.
Analysis of the Reorganization Plan
California Pacific Airlines plan to relaunch services looks solid considering that they are raising capital and are adding aircraft to their fleet. Those two strategies were two of our main ideas that we recommended back in January. In addition, the company picked up on some of our route strategy ideas as they have decided to add Oakland to its route network. At this point it is unclear if the airline will offer connecting flights in Carlsbad or at another destination; however, flights from Oakland or Sacramento to Tucson or Phoenix via Carlsbad could be interesting.
Based on the strategic moves that the airline has made, they are setting themselves up for a stable relaunch that will likely be successful.
We wish them the best.
Above California Pacific Airlines Embraer ERJ-145 photo by Ryan DiVita on Wikimedia Commons. Enhanced by FlyRadius. The above photo is released under a Creative Commons Attribution-Share Alike 4.0 International license.