Search found 290 matches
- Wed May 10, 2023 6:38 pm
- Forum: Porter Airlines
- Topic: New pay scales
- Replies: 150
- Views: 31935
Re: New pay scales
Heard a rumor you guys are paying year 1 captains 180k now?
- Thu Apr 22, 2021 10:38 pm
- Forum: WestJet
- Topic: More WJ layoffs
- Replies: 360
- Views: 163995
Re: More WJ layoffs
Pissing away the good times? Air Canada has done a good job of that.
- Sat Feb 13, 2021 9:51 am
- Forum: Air Transat
- Topic: AC and TRZ Agree to Terminate Arrangement
- Replies: 1687
- Views: 330584
Re: AC/TRZ Transaction Approved by TC - $5 per Share
You can bet WestJet is licking their chops on those slots. They're probably calling Boeing right now about those 10 787 options.
- Mon Jan 25, 2021 6:46 pm
- Forum: WestJet
- Topic: More WJ layoffs
- Replies: 360
- Views: 163995
Re: More WJ layoffs
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 ...
- Tue Jan 05, 2021 9:33 pm
- Forum: General Airline Industry Comments
- Topic: Does Westjet meet the current threshold for foreign investment?
- Replies: 20
- Views: 8037
Re: Does Westjet meet the current threshold for foreign investment?
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 ...
- Fri Jan 01, 2021 11:56 am
- Forum: Air Canada
- Topic: Air Canada Second Trip to C.C.A.A.?
- Replies: 162
- Views: 79410
Re: Air Canada Second Trip to C.C.A.A.?
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
- Thu Dec 31, 2020 10:09 am
- Forum: Air Canada
- Topic: Air Canada Second Trip to C.C.A.A.?
- Replies: 162
- Views: 79410
Re: Air Canada Second Trip to C.C.A.A.?
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...
- Wed Dec 23, 2020 11:16 am
- Forum: Air Canada
- Topic: Air Canada Second Trip to C.C.A.A.?
- Replies: 162
- Views: 79410
Re: Air Canada Second Trip to C.C.A.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.
- Wed Dec 23, 2020 1:01 am
- Forum: Air Canada
- Topic: Air Canada Second Trip to C.C.A.A.?
- Replies: 162
- Views: 79410
Re: Air Canada Second Trip to C.C.A.A.?
How many more rounds of funding are needed to keep the ship afloat? AC stock is going back to low teens at best.
- Thu Nov 19, 2020 12:02 am
- Forum: Air Canada
- Topic: Air Canada Second Trip to C.C.A.A.?
- Replies: 162
- Views: 79410
Re: Air Canada Second Trip to C.C.A.A.?
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.
- Wed Nov 18, 2020 1:27 pm
- Forum: Air Canada
- Topic: Air Canada Second Trip to C.C.A.A.?
- Replies: 162
- Views: 79410
Re: Air Canada Second Trip to C.C.A.A.?
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...
- Fri Nov 13, 2020 11:07 pm
- Forum: WestJet
- Topic: Swoop alum
- Replies: 54
- Views: 27802
Re: Swoop alum
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...
- Wed Sep 09, 2020 11:01 am
- Forum: General Airline Industry Comments
- Topic: Science-Based Alternative to Ease Quarantine Act Restrictions
- Replies: 317
- Views: 52215
Re: Science-Based Alternative to Ease Quarantine Act Restrictions
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...
- Tue Sep 08, 2020 2:53 pm
- Forum: Air Canada
- Topic: 220 Pilots, what are you thoughts so far??
- Replies: 52
- Views: 29103
Re: 220 Pilots, what are you thoughts so far??
Because a poorly drained cabin door causing an inflight shutdown is no big deal.
- Tue Sep 08, 2020 1:42 pm
- Forum: Air Canada
- Topic: 220 Pilots, what are you thoughts so far??
- Replies: 52
- Views: 29103
Re: 220 Pilots, what are you thoughts so far??
This is why airlines stick to what has always worked. Like a 737.
https://www.flightglobal.com/safety/a22 ... 66.article
https://www.flightglobal.com/safety/a22 ... 66.article
- Fri Aug 28, 2020 7:34 pm
- Forum: Air Transat
- Topic: AC and TRZ Agree to Terminate Arrangement
- Replies: 1687
- Views: 330584
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
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...
- Fri Aug 28, 2020 11:37 am
- Forum: Air Transat
- Topic: AC and TRZ Agree to Terminate Arrangement
- Replies: 1687
- Views: 330584
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
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...
- Fri Aug 28, 2020 11:33 am
- Forum: General Airline Industry Comments
- Topic: Airlines need to shut down to survive
- Replies: 55
- Views: 14645
Re: Airlines need to shut down to survive
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...
- Sun May 31, 2020 12:26 am
- Forum: WestJet
- Topic: Will Westjet survive?
- Replies: 163
- Views: 80049
Re: Will Westjet survive?
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...
- Fri May 29, 2020 12:13 pm
- Forum: WestJet
- Topic: Will Westjet survive?
- Replies: 163
- Views: 80049
Re: Will Westjet survive?
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...
- Wed May 27, 2020 11:41 pm
- Forum: WestJet
- Topic: Will Westjet survive?
- Replies: 163
- Views: 80049
Re: Will Westjet survive?
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...
- Wed May 27, 2020 4:07 pm
- Forum: WestJet
- Topic: Will Westjet survive?
- Replies: 163
- Views: 80049
Re: Will Westjet survive?
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 ...
- Sat May 16, 2020 11:55 pm
- Forum: Air Canada
- Topic: The Return to Normal?
- Replies: 400
- Views: 106503
Re: The Return to Normal?
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...
- Tue Apr 28, 2020 9:17 pm
- Forum: WestJet
- Topic: A "NEW" One List?
- Replies: 133
- Views: 55345
Re: A "NEW" One List?
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...
- Thu Jan 23, 2020 11:44 am
- Forum: Accidents, Incidents & Overdue Aircraft
- Topic: Coulson C-130 missing NSW
- Replies: 36
- Views: 7722
Re: Coulson C-130 missing NSW
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...