Search found 1692 matches

by rudder
Wed May 22, 2019 4:00 am
Forum: Air Transat
Topic: DOH merge.
Replies: 140
Views: 8132

Re: DOH merge.

If either list is non-DOH (AC) then DOH is out the window as even a possible outcome. Take a look at the last couple of arbitrations south of the border. Weighted average of status/category and longevity. Fight has been over what weight to be used for each. Biggest argument that ACPA will make is th...
by rudder
Sat May 18, 2019 9:17 am
Forum: Air Canada
Topic: AC offer AT $13 per share
Replies: 115
Views: 9998

Re: AC offer AT $13 per share

I think a bigger hurdle than the competition bureau will be the ACPA scope language. At a minimum, if acquired airTransat will meet the definition of an ‘affiliate’. Therefore, pilot positions may only be occupied by pilots who’s names appear on the AC pilot seniority list. Therefore seniority integ...
by rudder
Thu May 16, 2019 12:30 pm
Forum: Air Canada
Topic: AC offer AT $13 per share
Replies: 115
Views: 9998

Re: AC offer AT $13 per share

Two possibilities I see are (1) AC operates them separately in which case they will expand TS. Win for TS pilots. (2) If AC merges them it will be a big loss for TS pilots, no way ACPA with give them DOH. :oops: In what world would ACPA allow AC to own another airline operating 330/321/737 and not ...
by rudder
Mon May 13, 2019 10:58 am
Forum: General Comments
Topic: WestJet to be sold in friendly deal to Onex Corp. for $5 billion
Replies: 130
Views: 11519

Re: WestJet to be Acquired by Onex

Oh I'm very relaxed, thank you! Just amusing that two hours into the announcement some think they have this whole thing figured out!! Spend a few decades in the industry and a few days, weeks, or months in the room with investment bankers and you stop thinking like a pilot and start thinking like t...
by rudder
Mon May 13, 2019 8:56 am
Forum: General Comments
Topic: WestJet to be sold in friendly deal to Onex Corp. for $5 billion
Replies: 130
Views: 11519

Re: WestJet to be Acquired by Onex

I would watch for asset divestiture and laser focus on the bottom line at the new ONEX subsidiary of WJA. And which asset would that be, the one that competes with/bothers you?!! You would like that, wouldn't you?! Not only is it possible, rather quite likely, that Onex may be doing things slightly...
by rudder
Mon May 13, 2019 8:32 am
Forum: General Comments
Topic: WestJet to be sold in friendly deal to Onex Corp. for $5 billion
Replies: 130
Views: 11519

Re: WestJet to be Acquired by Onex

I believe great opportunity beckons at WestJet! Onex is a solid investment firm with lots of experience and cash to develop all segments of WestJet to its full potential of a world class airline, and develop the partnership with Delta. Onex has been interested in managing a major Canadian airline w...
by rudder
Wed May 08, 2019 6:16 am
Forum: General Comments
Topic: Laser Eye Surgery
Replies: 15
Views: 1063

Re: Laser Eye Surgery

You only get one set of eyes per lifetime. No exchanges. No replacements. I have worn contact lenses for 43 years and flown professionally for nearly 4 decades. Yes, I use reading glasses. But so do most of the population over age 50. Your eyesight is a basic cornerstone to an aviation career. It mu...
by rudder
Thu May 02, 2019 10:18 am
Forum: Jazz Aviation LP - Air Canada Express
Topic: Golden Handshake
Replies: 7
Views: 1626

Re: Golden Handshake

Even though it was not agreed to, it would appear that the GGN pilots will start Jazz training as they are made available by GGN/AC and with reserved seniority spots based on their GGN DOH. Perhaps this is how it should have been negotiated to start with. Who knows. The GGN CRJ pilots get to enjoy/e...
by rudder
Tue Apr 30, 2019 2:29 pm
Forum: General Comments
Topic: AirTransat: for sale-Blue-rouge...?
Replies: 36
Views: 4783

Re: Transat AT Inc Announces Preliminary Discussions Concerning a Potential Sale of the Corporation

Book value is 10-12$ with the excesses cash and hotel investment. Good luck convincing the stockholders to sign off at 10. It’s not the greatest stock but I’m still not confident it’ll sell at that price. Something is only worth what someone else is willing to pay for it. If AC offered a cash/stock...
by rudder
Tue Apr 30, 2019 11:06 am
Forum: General Comments
Topic: AirTransat: for sale-Blue-rouge...?
Replies: 36
Views: 4783

Re: Transat AT Inc Announces Preliminary Discussions Concerning a Potential Sale of the Corporation

TRZ is a $5 stock absent a takeover rumour. Even at a 100% acquisition premium it is a $10 stock.

Easily affordable for AC. Sell non-core assets. Net cost of acquisition quite low. Merge airline operation in to Rouge.
by rudder
Fri Apr 12, 2019 5:45 am
Forum: Air Canada
Topic: 737 max
Replies: 180
Views: 21366

Re: 737 max

by rudder
Thu Mar 28, 2019 11:52 am
Forum: General Airline Industry Comments
Topic: Jazz or Sunwing ?
Replies: 76
Views: 6638

Re: Jazz or Sunwing ?

Jazz year 1-4 FO pay is too low. AC year 1-4 non-CA pay is too low. And to continue with a fact based discussion: What is the SKY pilot pension arrangement? What is the SKY pilot health/dental/disability/life arrangement? Who pays the premiums? What is the SKY system for per diems? What are the duty...
by rudder
Thu Mar 28, 2019 9:18 am
Forum: General Airline Industry Comments
Topic: Jazz or Sunwing ?
Replies: 76
Views: 6638

Re: Jazz or Sunwing ?

Diadem wrote:
Thu Mar 28, 2019 9:15 am
Jazz pilots signed on to be the lowest-paid regional pilots in the country for the next 16 years, and you think that's helping the next generation?
AC pilots are the lowest paid mainline pilots in North America with by far the lowest year 1-4 non CA pay.

What are your thoughts on that?
by rudder
Thu Mar 28, 2019 7:39 am
Forum: Air Transat
Topic: Beginning of Transat wave?
Replies: 70
Views: 9747

Re: Beginning of Transat wave?

Air Canada taking over transat ... how would that look for the pilots ? Doh? Jobless? Interesting times Jobless? Why? Most of the AT fleet would be required for service (Airbus only). Take a look at the balance sheet. As long as not too much debt is being assumed, offer 2x today’s trading price. No...
by rudder
Thu Mar 28, 2019 7:03 am
Forum: Air Transat
Topic: Beginning of Transat wave?
Replies: 70
Views: 9747

Re: Beginning of Transat wave?

With a market cap under $200MM TRZ is a potential target for an unsolicited takeover offer.

There is a certain other related company sitting on $1B+ in cash. Acquiring TRZ and selling off non-operational assets would certainly improve its own competitive position and increase yields.
by rudder
Wed Mar 27, 2019 6:52 am
Forum: General Airline Industry Comments
Topic: Jazz or Sunwing ?
Replies: 76
Views: 6638

Re: Jazz or Sunwing ?

The Jazz system is set up to accomplish 2 goals: - overpay new hire candidates that are under qualified for the job of Part 705 First Officer - underpay new hire candidates that are over qualified for the job of Part 705 First Officer That may seem like a contradiction in terms but in practice it al...
by rudder
Mon Mar 25, 2019 7:19 am
Forum: General Airline Industry Comments
Topic: Pilot shortage State side
Replies: 35
Views: 3953

Re: Pilot shortage State side

There are still 2 airline industries in the US - mainline and regional.

And while there are a few trinkets being dangled to fill seats at the US regionals, it is still a below market segment of the commercial pilot universe.
by rudder
Sun Mar 24, 2019 1:19 pm
Forum: Sky Regional Airlines Inc.
Topic: Union at Sky
Replies: 120
Views: 26762

Re: Union at Sky

Other than the year 1-5 FO pay, there is nothing at SKY close to what Jazz has for WAWCON. Then add benefits, expenses, etc. I don’t think anybody would be taking a pay cut if things were integrated. The point to be made is what do the SKY pilots feel will be available to them at the bargaining tabl...
by rudder
Sun Mar 24, 2019 4:39 am
Forum: Sky Regional Airlines Inc.
Topic: Union at Sky
Replies: 120
Views: 26762

Re: Union at Sky

Statutory freeze on WAWCON (whatever was in place on certification) applies until replaced by a ratified collective agreement, or conditions imposed by management upon strike/lockout. SKY pilots have a couple of options with respect to where to go in respect of a collective agreement. Hope that all ...
by rudder
Thu Mar 21, 2019 10:52 am
Forum: Air Canada
Topic: 737 max
Replies: 180
Views: 21366

Re: 737 max

Most pilots think that they are Chuck Yeager until the s$!¥ hits the fan. And let’s make it a combination of faults that you never saw in the Sim.

Sure, the outcome could have been different. But in 2 cases it was not. That is way too high an occurrence rate in commercial aviation.
by rudder
Thu Mar 21, 2019 6:45 am
Forum: Air Canada
Topic: 737 max
Replies: 180
Views: 21366

Re: 737 max

Here's a question, why would you design an airplane where the control wheel forces are too large to overcome even at full nose down trim and full forward C of G? These are hydraulically powered surfaces so you don't need cables and pulleys galore. Just turn up the hydraulic pressure. Wrong. It is a...
by rudder
Thu Mar 21, 2019 6:43 am
Forum: General Airline Industry Comments
Topic: CargoJet or Transat?
Replies: 60
Views: 9036

Re: CargoJet or Transat?

As far as AC buying TS anything is possible but my guess is that it will have to be with slim to no possibility of a labour dispute between the two pilot unions. That means that ACPA has to become ALPA or AC will approach ACPA with a deal, just like how they brokered the deal with JAZZ and GNN pilo...
by rudder
Sat Feb 23, 2019 10:15 am
Forum: Flight Training
Topic: Aviation Management diploma for pilots?
Replies: 6
Views: 567

Re: Aviation Management diploma for pilots?

The only reason that airline employers look for completed post secondary education (diploma, degree, post graduate degree) is to confirm aptitude and ability to learn. It also demonstrates commitment and focus.

Subject matter not really that important. The piece of paper is what matters.

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