Heard a rumor you guys are paying year 1 captains 180k now?

Pissing away the good times? Air Canada has done a good job of that.

You can bet WestJet is licking their chops on those slots. They're probably calling Boeing right now about those 10 787 options.

They have the booking numbers for the fall when we should be fully emerging from this pandemic. If they want to hold a reduction bid that won't be a good sign. I remain optimistic that travel will return quite quickly. Think of all those TikTokers and Instagramers who who need to travel to get them ...

While Westjet is private and there’s little to no way for average Joes like us to see foreign ownership, I’m sure it’s a different story for the government especially when they already had to verify and approve foreign ownership levels during the sale/privatization. Also, Onex has done fairly well ...

Let's call a spade a spade. AC buys AT so the government doesn't have to bail them out. In return you get a bail out in exchange for a large share of the company. Same old sh!t

History has a funny way of repeating itself. Instead of buying an airline started from CP Rail you are buying another Montreal based bloated whale. Between Bombardier, and SNC Lavalin, and AT once again Canadian Taxpayers money is being dumped into failing Liberal strongholds. Consider yourself in a...

I have no hate on for AC as you assume. AC will get its standard tax payer funded bail out and continue being bloated and privileged. I guess you feel triggered and need to pull out the pink tie, and Costco jokes because I start bringing out the financial facts. Enjoy yet another B pay scale.

How many more rounds of funding are needed to keep the ship afloat? AC stock is going back to low teens at best.

I post a quote from an article about AC taking a $4 billion dollar loss and you guys pile on like a herd of sea lions. Hilarious. Let's be clear about something. AC is bailing out Transat so the government doesn't have to. It's a salvage operation to protect Quebec jobs.

Motley Fool: Air Canada seems to be falling behind its biggest competitor on refunds, you can’t completely blame it. In 2020, AC has lost untold billions of dollars. It lost $1.05 billion in the first quarter, $1.7 billion in the second, and $685 million in the third. That brings year-to-date losses...

So very true. There are those that burn bridges and those that jump from ship to ship to ship and do nothing but cause damage. I'm still amazed how it only took 26 or so off the street hires to cause so much damage to this industry. Most are gone except for a few managers I think and it will take y...

There will also be an election if he calls for a second shutdown. If the US has taught us anything it is we could loosen up restrictions a bit more and still not get anywhere close to what they are seeing down south. You can cause more death in your country by suffocating the economy than Coronaviru...

Because a poorly drained cabin door causing an inflight shutdown is no big deal.

This is why airlines stick to what has always worked. Like a 737.
https://www.flightglobal.com/safety/a22 ... 66.article

If you think AC will go bankrupt you are dreaming. Just like when years ago you were cheer-leading WJ and all your predictions on eating our lunch. And if you are hoping for the fall of AC, I think you should be more worried about your own backyard. If AC fails, WJ will be in more trouble,and you w...

I posted this in the General Airlines forum but I thought this would give some guys food for thought on the future of the AC-Transat deal. Morning Star: "Many investors are betting on a rebound for Air Canada stock. That would lead to 200% upside or more. The more likely scenario, however, is that t...

From Morning Star. "Many investors are betting on a rebound for Air Canada stock. That would lead to 200% upside or more. The more likely scenario, however, is that the company goes bankrupt. Even if Air Canada can continue to raise capital over the next 12 months, the dilution will wipe out any ups...

You’re missing the point Brooks. As all of those companies are held privately through ONEX, people don’t know how big those companies are, what the sales are like, profit margins, assets, etc etc. They are buried beneath layers of funds and equity stakes. Plenty of information in their 171 page ann...

Brooks, Thirdly, WJ is a piece of ONEX’s portfolio. ONEX has other companies that are under the COVID squeeze. How’s the admissions at the movies, or the production companies? Spirit manufacturing has been hurting since the MAX fiasco.The aircraft leasing company is facing hard times for sure, as l...

In 80 years you won't be flying in airplanes. You'll be a systems technician working on a spaceship heading to Mars. ONEX has been highly successful and I doubt that they would tell WestJet to issue layoffs taking into account re-training costs without the required foresight. Right now AC has a tric...

Nah.... Just a dude on LOA Onex will move this corporation through bankruptcy and reacquire at 10 cents on the dollar. IPO not long after. Its the circle of life in Canadian aviation. Rinse and Repeat. Ha, if that’s what’s panning out for WJ, then they’ll be holding hands with AC then on their way ...

If there isn't a job though what are you going to do? Furloughs at airlines - and in all businesses - during the hard and slow times are nothing new. You mention WJ, didn't they already lay off a significant portion also? Didn't Sunwing and Transat and Porter lay off almost everyone? I'm sorry to s...

I don't think the PTA was worth the paper it was printed on. Guys were saying if we don't vote yes the company will whipsaw the two pilot groups. Well they've done a pretty good job of doing that even with the one list. Bump downs who took Encore spots just took a pay cut and there is no guarantee t...

Daniel the crew was all American. That said, Canadian pilots could potentially work in the US division of the company, with proper legal paperwork. They are one and the same for all intents and purposes. Very, very sad day indeed. Off topic but I had a friend apply for their 737 operation in Port A...