Search found 932 matches

by Fanblade
Mon Apr 06, 2020 2:48 pm
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

Quick question regarding the guys and girls that got their GS cancelled a couple days prior to their official start date. Would we get called back in order of seniority or is it too bad so sad, start from scratch? A lot of us (all?) didn't get taken back from our old employer and now at every inter...
by Fanblade
Sun Apr 05, 2020 9:10 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Dry Guy wrote:
Sun Apr 05, 2020 9:08 am
Wait, lawsuit? AC can certainly walk away from the deal if Transat is facing a lawsuit.
Every airline in Canada is being sued.
by Fanblade
Sun Apr 05, 2020 9:10 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

There’s a very real probability here that the cheaper operation at transat remains, and the AC pilots stay on furlough as well. Completely opposite to what you suggested Just to add some info to your not so veiled threat to undercut AC employees. The ACPA CBA (within Article 1/ LOU 74) has a growth...
by Fanblade
Sun Apr 05, 2020 8:57 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

If the pax lawsuit for refunding goes ahead that’s it, game over, Transat is completely busted out and then some. Class action suits take years, so I doubt that it will have much bearing on the outcome. Unless of course this part of the lawsuit is granted. If that happens we will see a couple of ai...
by Fanblade
Sun Apr 05, 2020 8:41 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

I have one question, whether AC carved out the flight ops or not, when ac takes over transat as a whole, aren’t they legally bound to all the collective agreements in place? Yes. The above speculation is much in the same vain as Gilles. Not based on labor law. People keep trying to go down the rabb...
by Fanblade
Sat Apr 04, 2020 9:37 pm
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

Article 9

First three sentences.

If your intent is to stir the pot I won’t be bitting.
by Fanblade
Sat Apr 04, 2020 9:20 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

After being such a downer I decided that wasn’t an appropriate picture. Really one of hope is better. The vaccine is well on its way. Injection of antibodies even closer. The research done after SARS has drastically reduced response time. https://www.youtube.com/watch?v=CDBVwqNOBXY&fbclid=IwAR1EWBcJ...
by Fanblade
Sat Apr 04, 2020 8:59 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

“Heard from an MLO that only 70 of the old boys took the early retirement package.....thanks boys” That’s rich. And yeah 600 are going. The question should be is when are they gonna come back and ask for more. This is still a very deteriorating situation with this pandemic lasting much longer than ...
by Fanblade
Sat Apr 04, 2020 8:33 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

I think for a lot of people this is still just sinking in. But it is slowly. Until we achieve herd immunity this isn’t stopping. Once we “flatten the curve” our attention will be turned to keeping it flat. Social distancing will remain in effect until herd immunity is achieved. Unless of course we ...
by Fanblade
Sat Apr 04, 2020 8:14 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

I think for a lot of people this is still just sinking in. But it is slowly. Until we achieve herd immunity this isn’t stopping. Once we “flatten the curve” our attention will be turned to keeping it flat. Social distancing will remain in effect until herd immunity is achieved. Unless of course we f...
by Fanblade
Sat Apr 04, 2020 7:39 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

How many of those 600 haven’t finished their annual line check post ppc and could be let go all together if deemed a surplus without any reason? They fall under probation rules after all. Not really how probation works lol We have CBA rules for probation that build upon what labor laws do not affor...
by Fanblade
Fri Apr 03, 2020 9:47 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

Pilot wages are not what will make ot break the company. Normally yes. But with no revenue you hit your biggest costs first. If cash on hand drops below the number required to restart your done. This will be a massively expensive restart. No current forward bookings and everyone travelling later wi...
by Fanblade
Fri Apr 03, 2020 9:40 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

The big but here is the bottom in this economy and virus hasn’t come yet and the 6 mos MOA was drafted on old information. With new information and data changing by the day I think this is going to burn more cash and reserves from Ac weakening their position more for a potential easier recovery. Pe...
by Fanblade
Thu Apr 02, 2020 7:35 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Lol, True to a point. The point I was making was simply that if you are not clearly in the drivers seat....... The last time ACPA took him on he locked us out. Then Harper blamed the pilots and put us into a final offer selection arbitration. Look it up. Meant for people like sports professionals. T...
by Fanblade
Thu Apr 02, 2020 6:38 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Pasted from another thread. Looks like transat beats rouge on every scale and year. This basically makes ts pilots equals or better to rouge pilots from a salary point of view, especially when considering how little they actually work? Removes any sort of negotiation that ts pilots will have a bette...
by Fanblade
Thu Apr 02, 2020 6:23 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Competition bureau / Transport canada imposing restrictions on the merge is what will materially affect the value. (Ie Gatwick slots handed to another company) Not the pandemic I think AC would have already made an official statement if they had no desire to pursue the deal. Actually the opposite w...
by Fanblade
Thu Apr 02, 2020 11:53 am
Forum: Air Transat
Topic: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Replies: 482
Views: 42811

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Gilles, I read the deleted posts. I don’t think it had anything to do with you. There was a bunch of East/West slagging going on around your post. Looks like the MODS just cut the whole section and your post was in the middle. As for your post. I don’t think that is a realistic possibility consideri...
by Fanblade
Thu Apr 02, 2020 8:31 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

So hypothetically it is -1500 where 900 is pilots that were never hired from the previous bid and then 600 from layoffs of active pilots? Yes. Don’t forget ERIP will play a factor. Hopefully we hold it to the 900 not yet hired. For greater clarity, AC is not limited to less than 600 involuntary lay...
by Fanblade
Thu Apr 02, 2020 8:23 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

Go look at the last bid. Go right to the bottom. Subtract required pilots from active pilots. The vacancy/reductions column does it for you. That number is the MINIMUM number of positions that need to be removed. Add a possible 600 to it. So hypothetically it is -1500 where 900 is pilots that were ...
by Fanblade
Thu Apr 02, 2020 8:09 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

The company can not lay-off and show vacant positions. They have to post a bid. Yeah it might get a slight reprieve for further negotiations. But it won’t get delayed much. Go look at the last bid. Go right to the bottom. Subtract required pilots from active pilots. The vacancy/reductions column doe...
by Fanblade
Wed Apr 01, 2020 11:32 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

I agree with most of what you have said. However, the activation date for pay purposes on a reduction does not occur until you are qualified in the new position. So according to the contract, getting moved on paper does not equal a pay rate loss. Therefore no immediate savings to the company. I sup...
by Fanblade
Wed Apr 01, 2020 11:04 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

I think the rumours of Rouge's death have been greatly exaggerated. I think that if the Transat acquisition proceeds Rouge is done. If it doesn’t proceed Rouge will continue. Economic uncertainty will only serve to highlight the importance of lower cost to management. It will be one or the other. R...
by Fanblade
Wed Apr 01, 2020 9:46 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

The bid on the 7th will be ugly. Keep in mind. - A bid is a paper shuffle that can be altered overnight. - The company will over down bid to remove as many activation dates as possible. - The down bid will force people left to right seat creating immediate saving to the company. Hint- DO NOT bid to...
by Fanblade
Wed Apr 01, 2020 9:26 am
Forum: General Airline Industry Comments
Topic: A220 cruising altitude
Replies: 31
Views: 2593

Re: A220 cruising altitude

Just like modern appliances. High tech and efficient but don’t last very long. Lol, That sounds exactly like the critics of the “plastic A320” over 30 years ago. It will never last! All new tech has growing pains. These new geared engines are a huge leap. Give it time. Maintaince nicknamed the A320...
by Fanblade
Wed Apr 01, 2020 8:44 am
Forum: Air Canada
Topic: Layoffs
Replies: 389
Views: 60768

Re: Layoffs

If the government just agreed to pay 75% of all businesses wages up to $58k why is there still a need to lay off half your workforce? As for AC pilots specifically, the bottom 600 are all on flat pay so the $58k max is basically what they'll be earning on 55hrs. This will now be covered by the govt...

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