Search found 571 matches

by tsgas
Fri Apr 30, 2021 8:28 pm
Forum: Air Transat
Topic: Bankruptcy.
Replies: 45
Views: 14914

Re: Bankruptcy.

Well this thread didn’t age very well.. Give it time... A debt ridden airline with high interest loans and no way to pay them off? Sounds like a recipe for CCAA. Don’t be pessimistic… They’ll never fail. I think it’s pretty clear with the current biggest shareholders (they’re ready to put $$$ if ne...
by tsgas
Sun Apr 11, 2021 9:35 am
Forum: General Comments
Topic: Strike
Replies: 16
Views: 2725

Re: Strike

shawnthesheep wrote: Sun Mar 14, 2021 2:18 pm What if everyone gets together and strikes? No more vaccine or PPE that might help them get aid faster.
That would have about the same effect as everyone holding their breath until the government acted.
by tsgas
Sun Apr 11, 2021 9:26 am
Forum: Air Transat
Topic: Bankruptcy.
Replies: 45
Views: 14914

Re: Bankruptcy.

the thread is valid cause it likely will happen. i am confident ac will survive as we are to big to fail. trudeau knows this he'll give us some help in a few weeks, you'll see. Transat never went bankrupt or CCAA in 34 years... it’s name isn’t Air Canada :lol: There's always the first time. :lol: :...
by tsgas
Sat Apr 10, 2021 10:42 am
Forum: Air Transat
Topic: Bankruptcy.
Replies: 45
Views: 14914

Re: Bankruptcy.

Captain Kirk (aka Keith Demello) you can go $#%& yourself!!!!! . Some asshole is posting pretending to be Keith, that user name has 2 K’s. Keith didn’t start this thread. Transat will likely go bankrupt and restructure but they will still be around and eventually all their pilots will have their jo...
by tsgas
Tue Apr 06, 2021 12:07 pm
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

Air.Field wrote: Tue Apr 06, 2021 4:34 am Yes Chax, the attention span of most on here is that of an epileptic squirrel.

So what are the great contributions that you have made or are you just another bellyacher ?
by tsgas
Mon Apr 05, 2021 12:01 pm
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

So how many B 737 airplanes do your children own ? Amazes me how many folks dont understand where the capital came from to buy all those airplanes, you make it sound like they paid for them out of revenue, but that's just not how it worked. When Westjet originally went public they released a very s...
by tsgas
Mon Apr 05, 2021 11:57 am
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

It's not full time. Just hot summer weekends, best ROI in the neighborhood though, big markup, no overhead. Nothing illegal about it. Point is that I proved the point... ROI is one measure, but when you're making the statement "most profitable" it's not the only or even necessarily the best measure...
by tsgas
Mon Apr 05, 2021 9:14 am
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

In that case my kids lemonade stand is the most profitable beverage business in the neighborhood... way more than the Starbucks or Hipster espresso latte shop... based on ROI... We live in a nice neighbourhood and he even upsells for ice, no overhead. Great ROI. You said "most profit" and most is t...
by tsgas
Mon Apr 05, 2021 8:39 am
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

In that case my kids lemonade stand is the most profitable beverage business in the neighborhood... way more than the Starbucks or Hipster espresso latte shop... based on ROI... We live in a nice neighbourhood and he even upsells for ice, no overhead. Great ROI. You said "most profit" and most is t...
by tsgas
Mon Apr 05, 2021 8:09 am
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

Yeah that's not how it works. You don't just get to make a bold claim and then demand that other people prove you wrong. YOU made a strong claim. YOU need to provide strong evidence. Nope , it's like Sgt Friday would say " just the facts. mam". I think WJ has had the longest sustained profitability...
by tsgas
Mon Apr 05, 2021 7:52 am
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

Westjet has been the most profitable in Canada for the last 25 years? Show that data... I'm curious. Prove me wrong. That's something that I would like to see. Yeah that's not how it works. You don't just get to make a bold claim and then demand that other people prove you wrong. YOU made a strong ...
by tsgas
Sun Apr 04, 2021 5:21 pm
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

fish4life wrote: Sun Apr 04, 2021 5:19 pm It would be ironic if this goes on for a while and the Quebec gov acquired a portion of Transat for aid only for AC to go through hard times and have Transat purchase AC down the road in a weird twisted way of the Quebec gov buying part of AC
Now that's just silly.
by tsgas
Sun Apr 04, 2021 4:05 pm
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

Careful what you wish for; Peladeau is not a nice guy to work for by all accounts. Ask the Journal de Montreal employees about that. And why did nobody make a move to save WJ jobs? Maybe because if it isn't the oil industry, Alberta's governments don't care. While we are on that topic, Air Canada n...
by tsgas
Sun Apr 04, 2021 9:07 am
Forum: General Comments
Topic: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement
Replies: 71
Views: 10831

Re: Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

Careful what you wish for; Peladeau is not a nice guy to work for by all accounts. Ask the Journal de Montreal employees about that. And why did nobody make a move to save WJ jobs? Maybe because if it isn't the oil industry, Alberta's governments don't care. While we are on that topic, Air Canada n...
by tsgas
Tue Mar 23, 2021 9:19 pm
Forum: Air Transat
Topic: Transat revenues drop by 99%, with 2,000 layoffs expected
Replies: 157
Views: 36121

Re: Transat revenues drop by 99%, with 2,000 layoffs expected

fish4life wrote: Tue Mar 23, 2021 5:43 pm Does anyone know if Transat’s losses could be carried forward to AC for tax purposes going forward? If so it might be worth more than the purchase price for that alone.
AC will have plenty of losses of it's own. It needs to stop the bleeding of cash, real soon.
by tsgas
Tue Mar 23, 2021 8:17 am
Forum: Air Transat
Topic: Transat revenues drop by 99%, with 2,000 layoffs expected
Replies: 157
Views: 36121

Re: Transat revenues drop by 99%, with 2,000 layoffs expected

Yup. That deal is dead 95% sure, matter of time before an announcement is made to the public . The only thing that can save it is if the EU allows it without any restrictions and Canada backs off on some of the insane conditions that it imposed on AC. Won’t happen. Govnmt won’t let TS die anyway, b...
by tsgas
Mon Mar 22, 2021 8:02 pm
Forum: Air Transat
Topic: Transat revenues drop by 99%, with 2,000 layoffs expected
Replies: 157
Views: 36121

Re: Transat revenues drop by 99%, with 2,000 layoffs expected

columbia wrote: Mon Mar 22, 2021 7:18 pm
tom wrote: Mon Mar 22, 2021 6:16 pm I guess no deal then.
Yup. That deal is dead 95% sure, matter of time before an announcement is made to the public .
The only thing that can save it is if the EU allows it without any restrictions and Canada backs off on some of the insane conditions that it imposed on AC.
by tsgas
Thu Mar 18, 2021 9:28 pm
Forum: WestJet
Topic: More WJ layoffs
Replies: 360
Views: 145097

Re: More WJ layoffs

Umm, you’re wrong. I said employees, not pilots. So the termination, not layoffs, of thousands of employees wasn’t taking advantage of the crisis? The way the employees have been treated is disgusting. The only thing that saved the pilots was the union and the cost of layoffs. The circus currently ...
by tsgas
Thu Mar 18, 2021 11:57 am
Forum: WestJet
Topic: More WJ layoffs
Replies: 360
Views: 145097

Re: More WJ layoffs

This has turned into a real cliffhanger.
by tsgas
Sun Mar 14, 2021 10:47 am
Forum: WestJet
Topic: More WJ layoffs
Replies: 360
Views: 145097

Re: More WJ layoffs

I remember in the WJ/WJE flow discussion a couple years back there was a lot of debate if flow down was valid to pursue. What's the WJ pilot group opinion on it now? Every person that does bump into WJE causes training and associated costs. Has to make WJ management take pause when they consider la...

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