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Colliers Helping Osprey Wings Find Their New Horizon

Osprey Wings New Horizon Hero

In the northern hamlet of Missinipe on Otter Lake in central Saskatchewan, Osprey Wings is a local air service that keeps the community connected.

Smartphones. Email. Sending a postcard. There are many ways to stay connected.

In Central Saskatchewan, one of the key pieces of connecting remote communities in the region is Osprey Wings. This family-owned and operated premier air charter service has been the providing services to the tourism, mining, fire suppression, and public service sector for over 50 years.

However, there comes a time when every great aviator must hang up their wings.

Where Expertise Meets Passion

Colliers’ Unique Properties Vice President, Alan Johnson is a commercial real estate expert of over 20 years, with experience in consulting and valuation, particularly with unique properties. It also helps that he is an aviation enthusiast, a private pilot, and comes from a family of aviators.

Working with Alan are Colliers advisors Brian Peberdy, Vice President and Glen Paziuk, Vice President, who are known in Saskatchewan for their extensive market knowledge and reputation for premier client service in commercial real estate.

Working with Osprey Wings, Alan, Brian, and Glen brought their expert advisory service to help the Thompson family list their iconic air service. Selling their entire business, including properties and assets, makes for a unique challenge in finding the right buyer to carry-on the Osprey Wings legacy.

The Legacy in Saskatchewan’s Skies

Osprey Wings was founded by Garry and Bonnie Thompson in the 1960’s to service fly-in fishing camps with their first purchase of a Luscombe aircraft.

Since then, their De Havilland centric fleet has grown to 9 aircraft including   Beavers, Turbo Otters, and Twin Otters, all of which are outfitted for wheel, float and ski operation. These iconic Canadian aircraft are especially suited toward the challenges of northern flying and have a proven history in aviation.

Northern Saskatchewan’s economy grew with uranium exploration and mining demanding transportation to these remote communities, on top of the desire for adventurers to embrace what the rich wilderness had to offer.

Outside of the major Canadian carriers, air transportation within Saskatchewan is serviced by a few main operators that generally provide either scheduled or chartered airport to airport service or general charter service. There are only a handful of float operators with Osprey Wings having the largest fleet and providing the greatest level of provincial coverage.

In the Clouds & On the Ground

Osprey Wings’ main base is situated in the northern hamlet of Missinipe on Otter Lake in central Saskatchewan. Recently upgraded, the Missinipe base services the majority of Osprey’s operations in addition to providing crew accommodation. Missinipe is situated on the Churchill River system, one of Saskatchewan’s most widely utilized and accessed rivers from a recreational perspective, particularly canoeing.

A smaller base, in LaRonge, in addition to a satellite base in Northeastern Saskatchewan in Points North Landing, west of Wollaston Lake, round out the operation.

Most of all, Osprey Wings is highly regarded in Saskatchewan with a long and loyal client base, an incredible value to the next operators of this airline.

Own Your Own Airline

While flight operations continue throughout the year, most of the fleet is operated on floats throughout the spring, summer, and fall, only starting in mid-May and ending in late October. Limited fleets are prepped for winter operations, with the winter season commencing in January.

Most of Osprey Wings’ business is generated through tourism and forestry, with mining, local and Indigenous travel and contracts making up the balance. Cargo movement is a significant revenue generator as well with over 2,000,000 lbs. transported every year.

The fleet of 9 aircraft have a total flight time average of around 2,000 hours, making Osprey Wings an incredible opportunity for those in aviation, or an investment in Saskatchewan.

Find out how you can go from the passenger seat to the pilot seat of this notable and reputable airline by contacting Colliers.


Pour plus d’informations, veuillez contacter:

Alan Johnson

Vice President | Unique Properties

Vancouver - Rogers Tower

With over 20 years of brokerage, consulting and valuation experience, Alan Johnson is an established and widely recognized expert in the analysis and sale of 'Unique Properties'.  With over $600 million  in sales to date, Alan's experience has been consistently centered around the following asset types: 

  • Land and Development properties
  • Resorts and Hospitality oriented assets 
  • Private Islands
  • Large Forestry Portfolios
  • Ranches and Agricultural operations, and
  • Distressed properties (including Strata Wind Up Sales)

 

As the Vice President of the Unique Properties Group in Vancouver, Alan brings significant value to this team that has consistently worked together since 1997.  Instrumental in driving and developing the Unique Properties widely recognizable brand, Alan's due diligence, analysis and client focus has earned him a critical and important position in British Columbia's real estate community. 

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Brian Peberdy

Vice President | Sales Associate

Saskatoon

Brian is partnered mainly with Glen Paziuk and Kerry Fuchs and delivers expertise in all commercial property types, service excellence, and market knowledge. Together they offer more than 50 years commercial real estate experience.

Their focus is the client.  Using local market information, Brian, Glen and Kerry secure property, maximize a property’s potential use, and transact the sale or lease for their clients.

Brian is recognized for his honesty, dedication, and commitment to his clients.

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Glen Paziuk

Vice President | Sales Associate

Saskatoon

Glen is dedicated to providing expertise in all property types, service excellence, and market knowledge.  He also works in collaboration with his long time business partner Brian Peberdy.

Glen’s focus is identifying properties suitable for the client’s needs, assisting in analyzing the maximum potential of the property,  facilitating the sale or lease negotiations and development consulting.

Having more than 38 years of experience in the commercial real estate industry, Glen is recognized for his professionalism, honesty, dedication, service, and commitment to his clients.  He enjoys the privilege of providing ongoing service to existing clients and welcomes the opportunity to meet and assist new clients with their commercial real estate objectives.

 

Business & Educational Background

Glen entered the commercial real estate industry in 1980.  Formerly, he was a partner owner of a commercial real estate brokerage that merged with Colliers in 1997.

Glen’s previous experience as a bank credit manager and education as a Certified Commercial Investment Member designate enhances his ability to assist with the financial analysis of investment properties.

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