Search found 155 matches

by Transonic
Mon Mar 16, 2020 10:47 am
Forum: WestJet
Topic: WestJet Group Hiring Freeze
Replies: 94
Views: 21913

Re: WestJet Group Hiring Freeze

Thanks for that. My apologies, I was indirectly referring to Enerjet’s ambitions. Will anyone invest in them now? Is there a need for Swoop post Covid-19?
by Transonic
Sun Mar 15, 2020 4:07 am
Forum: WestJet
Topic: WestJet Group Hiring Freeze
Replies: 94
Views: 21913

Re: WestJet Group Hiring Freeze

Thanks Realitychex,

If WestJet were to start up in Dec 2019 funded partly by a US airline tycoon, would they have lasted this crisis?

Will any Canadian investor want to back a new ULCC based in YYC in the future?
by Transonic
Wed Feb 26, 2020 11:58 am
Forum: WestJet
Topic: Westjet Delta JV
Replies: 23
Views: 5274

Re: Westjet Delta JV

No one at WestJet has dreams of taking flying away from Delta. The JV gives Delta a competitive response to the Air Canada/Rouge encroachment into the US, which hasn’t gone unnoticed by the Big US3. In the past 5 years, Air Canada added 30 or so more widebodies over the Atlantic. The US3 don’t like ...
by Transonic
Sat Feb 22, 2020 9:42 pm
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

Revamp? Doubt it. Probably same same without the potential stock volatility. I think the company will push hard against anything more than 5%. They are not issuing “free for them” stock anymore but cold hard cash they would rather keep. ????? No. Mr. Kaplan has stated to both parties that the arbit...
by Transonic
Fri Feb 21, 2020 10:14 pm
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

That is a weird post ^. You trying to sound like Yoda? A pilot must be one with the market force? Alot of your post explains details that are simply not true or not true yet I suppose. You've made huge leaps in what you think is going to happen and what has actually been stated. 30 tails to Swoop? ...
by Transonic
Fri Feb 21, 2020 9:17 pm
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

I understand your POV, but a couple of your statements are false. There is incentive- REIP $14,400/year for 2 years if you flow to Westjet. Also - you accrue senirorty on the list, not YOS, but senoeiry ahead of any OTS hires. If you work at Jazz those two incentives dont exist. Also- the union is ...
by Transonic
Thu Nov 21, 2019 9:08 pm
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

The choice was 12 year old A332s from Emirates or the much older Qantas 763s. Airbus was brokering the A332 deal that included induction assistance, which WestJet liked. Boeing countered with a deal where Boeing would buy the 767s and overhaul to Canadian standards. Boeing subcontracted the work to ...
by Transonic
Sun Nov 17, 2019 7:01 pm
Forum: WestJet
Topic: One List
Replies: 314
Views: 40150

Re: One List

There is a group of pilots who dislike ALPA, mainly due to AC/Regional seniority trouble of the 90s. This is understandable. Many in this group intend to raid ALPA with a lower cost, more agreeable union within 2 years. The main argument used against ALPA during the certification drive was that the ...
by Transonic
Thu Nov 14, 2019 10:23 am
Forum: WestJet
Topic: One List
Replies: 314
Views: 40150

Re: One List

Hey Stratopaused, The culture people at WestJet have done a great job expressing the Why of our jobs which is reflected in your posts regarding Encore’s contribution. I sense the Encore group has morphed this to a popularized idea that mainline is reaping the rewards off Encore’s contribution. I off...
by Transonic
Fri Nov 08, 2019 6:58 pm
Forum: WestJet
Topic: One List
Replies: 314
Views: 40150

Re: One List

Not quite. I've been at Encore for a little over 2 years, and I'm still more than 220 spots down the Encore list alone. This is also irrelevant, because management has shutdown flow from Encore to mainline, with no timeline in place to reinstate flow. The reason these people got a mainline spot who...
by Transonic
Fri Nov 08, 2019 6:34 pm
Forum: WestJet
Topic: One List
Replies: 314
Views: 40150

Re: One List

So apparently, some of the junior Encore FO's who bid to Swoop when they first started up have now been awarded Mainline FO positions. In my opinion, that's brutal. The rest of us at Encore didn't bid to swoop because we wanted to support the mainline pilots by not bidding over to Swoop, and this i...
by Transonic
Tue Nov 05, 2019 9:01 am
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

The initial MAX order was to be funded with debt and cash from operations. WestJet then announced they would receive 10 787s and reduce the MAX order by 15. WestJet told the analysts there will be no adjustments to future capital requirements despite the fleet plan change. In 2018, WestJet fell shor...
by Transonic
Mon Nov 04, 2019 7:32 pm
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

WestJet traded 15MAX options for 10 787 firm orders with no additional capital required, so likely less than 160 million. WestJet leverage the 767 fiasco for the discount. Care to share where you got that information?? I haven’t seen that disclosed anywhere. The last I saw was 10 firm and 10 option...
by Transonic
Mon Nov 04, 2019 6:20 pm
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

Guess I have an obvious question about 787 growth. Where is all the "untapped market" for all of these future arrivals? I mean Air Canada, and Transat (pre-merger) would have filled any "obvious" market vacancies that would generate good, steady income, no? Are they poorly positioned to do so in th...
by Transonic
Mon Nov 04, 2019 11:37 am
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

Guess I have an obvious question about 787 growth. Where is all the "untapped market" for all of these future arrivals? I mean Air Canada, and Transat (pre-merger) would have filled any "obvious" market vacancies that would generate good, steady income, no? Are they poorly positioned to do so in th...
by Transonic
Mon Nov 04, 2019 11:25 am
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

YYC-FCO... the money maker It’s kind of like YYC-DUB, which this summer was half filled with Americans from the West Coast USA. The US3 are not pleased seeing AC/RV pull their passengers out of the USA and send them overseas. Canadian Airlines have a wage and currency advantage. With the WS/DL JV, ...
by Transonic
Mon Nov 04, 2019 8:16 am
Forum: WestJet
Topic: 737 to 787 Upgrade Times
Replies: 51
Views: 8085

Re: 737 to 787 Upgrade Times

YYC-FCO... the money maker It’s kind of like YYC-DUB, which this summer was half filled with Americans from the West Coast USA. The US3 are not pleased seeing AC/RV pull their passengers out of the USA and send them overseas. Canadian Airlines have a wage and currency advantage. With the WS/DL JV, ...
by Transonic
Sun Nov 03, 2019 10:29 pm
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

This is highly speculative however Swoop may be around for a long time if it merges with Sunwing Airlines and enters in a contract to provide lift for Sunwing Vacations. It sounds like Sunwing would rather be just a hotel company than an airline. ONEX would love to consolidate sun flying, reduce cap...
by Transonic
Sun Nov 03, 2019 10:05 pm
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

Thanks. I’m actively disengaged however the only public statements I’ve heard is that “ONEX believes in WestJet’s growth strategy”, which is fairly vague. At 7 aircraft, Swoop has already done a great job protecting the bottom end. Flair may be on its last days. Tim Morgan in January said he would l...
by Transonic
Sun Nov 03, 2019 8:50 am
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

Swoop costs nothing to crew compared to Westjet. You dont need a crystal ball to know swoop will hit the 40 fin cap as soon as they find ways to hire enough pilots. Also did anyone else notice that Swoop rhymes with poop.... coincidence? Swoop is lower cost but it is also lower revenue. It was not ...
by Transonic
Sat Nov 02, 2019 10:49 am
Forum: WestJet
Topic: 2020 Hiring
Replies: 126
Views: 28075

Re: 2020 Hiring

..... plus there will be expansion at Swoop. If the union is smart and diplomatic, it can make good gains. WestJet may soon find itself in a position that it must be able to attract experienced talent directly. Hey Cloak, Why do you think Swoop will grow? Have you heard ONEX wants to grow Swoop? Sw...
by Transonic
Sun Aug 18, 2019 11:56 pm
Forum: WestJet
Topic: ONEX plans
Replies: 142
Views: 32124

Re: ONEX plans

This is from FlyerTalk and worth sharing. ---------------------------------------------------------------------- Lots of armchair captains and investors in our midst! Private Equity firms like Onex care about one thing only - making money. They make money by buying an asset as low as possible (the #...
by Transonic
Sat Jul 20, 2019 10:31 pm
Forum: WestJet
Topic: ONEX plans
Replies: 142
Views: 32124

Re: ONEX plans

Aeroplan? It's IPO was wildly successful and oversubscribed. So if AC decided to spin off Aeroplan again in 2 years, would you expect it to be wildly successful and over subscribed? Probably not. Once bitten, twice shy. I don't doubt that a very small minority benefited from the financial engineeri...
by Transonic
Sat Jul 20, 2019 10:29 am
Forum: WestJet
Topic: ONEX plans
Replies: 142
Views: 32124

Re: ONEX plans

altiplano wrote:
Sat Jul 20, 2019 8:31 am
CHR is still pumping along with 6%+ yield and a long term deal... there have been dips sure, but YTD is up about 40%.

So 1 out of 3 have been successful.
by Transonic
Sat Jul 20, 2019 6:06 am
Forum: WestJet
Topic: ONEX plans
Replies: 142
Views: 32124

Re: ONEX plans

I think Air Canada has ruined the appetite for an Encore IPO. Enough time had past to judge Robert Milton's "unlocking shareholder value" strategy. Jazz Once the initial contract was over, AC started Sky Regional to compete with Jazz and successfully lowered the CPA rate. This happened again with Ai...

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