Search found 387 matches

by FL320
Wed Feb 17, 2021 8:06 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: AC/TRZ Transaction Approved by TC - $5 per Share

At the press conference yesterday Legault said that the government will never let down Transat; they are monitoring the transaction closely and will always be there for Transat. https://www.journaldemontreal.com/2021/02/16/on-ne-laissera-pas-tomber-air-transat-promet-legault This sounds great. Real...
by FL320
Wed Feb 17, 2021 12:24 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: AC/TRZ Transaction Approved by TC - $5 per Share

At the press conference yesterday Legault said that the government will never let down Transat; they are monitoring the transaction closely and will always be there for Transat. That’s the main reason why I think AC will complete the transaction. The VFR market will be the first one to recover post ...
by FL320
Tue Feb 16, 2021 12:32 pm
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: AC/TRZ Transaction Approved by TC - $5 per Share

They have the opportunity to say no once for all but they don’t, they’re just acting like a princess... :D
Maybe they don’t want to pay the 30M$ fees yet...because as long as the deal does not get the approval from Europe, the fee is still applicable.
by FL320
Tue Feb 16, 2021 1:59 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: AC/TRZ Transaction Approved by TC - $5 per Share

AC pilots on here: You TRZ guys should end up in the streets, no job, no revenue, so that eventually you get hired BOTL at 1st year pay, while my seniority remains untouched, because 10 positions in a seniority list is more important than you having a job. How sweet of them. Or selfish. It’s not ab...
by FL320
Mon Feb 15, 2021 2:58 pm
Forum: General Airline Industry Comments
Topic: Potential Airline Bailout
Replies: 204
Views: 29287

Re: Potential Airline Bailout

Airlines COVID-19 rescue negotiations at critical stage, sources say
https://www.theglobeandmail.com/politi ... urces-say/
by FL320
Sun Feb 14, 2021 9:37 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: AC/TRZ Transaction Approved by TC - $5 per Share

There is definitely a lack of basic math being done here. What is so hard to understand that this deal eliminates almost all flying and thus positions at transat. Air Canadas plan has been revealed and it appears to be al,ost entirely shutting transats own flight operations, it’s right in the agree...
by FL320
Wed Jan 13, 2021 2:12 am
Forum: Air Canada
Topic: Service Suspension Notice
Replies: 150
Views: 25819

Re: Service Suspension Notice

Again, to Quote Pierre Pollivere “ if the business needs a government bailout.. its a loser.” It’s sad.. no doubt about that.. but this is the way life is .. If an individual needs the Government to get EI, CEWS, free helthcare system, child benefits, free school, or the need of a bank to get a mor...
by FL320
Thu Dec 31, 2020 10:01 am
Forum: General Airline Industry Comments
Topic: Essential Travel
Replies: 13
Views: 2656

Re: Essential Travel

WHAT IS ESSENTIAL TRAVEL? "During times of national lockdowns travel can be restricted to what is termed essential travel. It means that people should not be travelling for leisure purposes and should only be travelling for essential reasons, such as: for work, for a funeral or medical purpose...
by FL320
Fri Dec 18, 2020 1:16 pm
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

FL-280 wrote: Fri Dec 18, 2020 1:11 pm
FL320 wrote: Fri Dec 18, 2020 12:31 pm (what they’ve already started I guess).
No not yet... waiting for the deal to be confirmed.
Of course (official version).
by FL320
Fri Dec 18, 2020 12:31 pm
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

I doubt this is going to get approved by the Europeans.... I think it will, with conditions attached. The question is, will AC accept those conditions? Europe will approve the transaction as long as Garneau does. There is absolutely 0 chance that Europe prevent the transaction if it’s approved by G...
by FL320
Thu Dec 17, 2020 11:49 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

Marc Garneau says decision on Air Canada bid for Air Transat is ‘very near’
https://www.theglobeandmail.com/busine ... /#comments
by FL320
Thu Dec 17, 2020 10:59 am
Forum: Air Canada
Topic: Cargo TA
Replies: 492
Views: 69739

Re: Cargo TA

If you were a nice guy I might be sympathetic to your jeuevenile tantrums. When you find time away from your video games take a look at the situation in the EU. They have every right to reject the the proposal as it stands now. Europe is crumbling and no one wants to venture there. Canadian industr...
by FL320
Wed Dec 16, 2020 12:30 pm
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

People keep mentioning Onex / WJ but they are actually the only airline refunding tickets right now. Where are they getting the cash for it? No one knows or will know because they are private but they seem to be getting the cash to refund from somewhere. “TORONTO -- Onex Corp. says its private equi...
by FL320
Wed Dec 16, 2020 8:44 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

Air Canada just offered to the EU concessions on 27 routes including 13 out of Montreal. They are doing all what it takes to close the deal. Have a reference on this? I would like to read that Out of JM Eustache’s mouth to the media yesterday after the meeting, you can find a copy on the internet.
by FL320
Wed Dec 16, 2020 8:37 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

Air Canada just offered to the EU concessions on 27 routes including 13 out of Montreal (which were identified as problematic regarding the competition). They are doing all what it takes to close the deal.
by FL320
Wed Dec 16, 2020 1:14 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

I mentioned this in another post however is it just me or does the merger seems pretty negative for anyone with a future desire to go to Air Canada? An even larger list of recalls to get through before hiring is even considered. A career outside of Canada looks even more attractive now than before....
by FL320
Tue Dec 15, 2020 2:24 pm
Forum: Air Canada
Topic: Cargo TA
Replies: 492
Views: 69739

Re: Cargo TA

Come TS get your facts straight. You know the payscales at AC are better using guaranteed minimums..At least recognize that... No doubt your payscale is way better; just want to point out that if you count the drafts etc. we too have pilots making huge numbers. Even as we speak we have some pilots ...
by FL320
Tue Dec 15, 2020 1:45 pm
Forum: Air Canada
Topic: Cargo TA
Replies: 492
Views: 69739

Re: Cargo TA

Come TS get your facts straight. You know the payscales at AC are better using guaranteed minimums..At least recognize that... No doubt your payscale is way better; just want to point out that if you count the drafts etc. we too have pilots making huge numbers. Even as we speak we have some pilots ...
by FL320
Tue Dec 15, 2020 12:54 pm
Forum: Air Canada
Topic: Cargo TA
Replies: 492
Views: 69739

Re: Cargo TA

600k+ T4 is the norm for 10 year AC pilots? :lol: he's a troll. Top pay scale at AC (on the 777) isn't even 300K, yet TS now sits at 237K. Double or triple yeah sure :lol: AC pay scale isn't annual, but I don't think there are any WB CAs that did under $300K last year and NB guys all do 200+ easily...
by FL320
Tue Dec 15, 2020 11:49 am
Forum: Air Transat
Topic: AC/TRZ Transaction Approved by TC - $5 per Share
Replies: 1679
Views: 201162

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

Ok so the liberals will approve it because AC really wants it? AC really wants government aid too but the government has dragged its feet even with a political angle(protecting jobs vs the trade off of the public hates the airlines). So what is the government's motivation to approve? Remember the g...

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