Search found 497 matches
- Fri Mar 02, 2018 11:52 am
- Forum: WestJet
- Topic: Gregg Saretsky is the modern Frank Lorenzo
- Replies: 100
- Views: 24697
Re: Gregg Saretsky is the modern Frank Lorenzo
You are in la la land if you don't think there's an opportunity for a ULCC in Canada. Is it as big an opportunity as the opportunity WJ had to exploit a void in 1996? Probably not. But it's there and WJ needs to absolutely dominate and control it in order to protect the larger franchise. Take a qui...
- Tue Feb 27, 2018 10:48 am
- Forum: WestJet
- Topic: Gregg Saretsky is the modern Frank Lorenzo
- Replies: 100
- Views: 24697
Re: Gregg Saretsky is the modern Frank Lorenzo
You are in la la land if you don't think there's an opportunity for a ULCC in Canada. Is it as big an opportunity as the opportunity WJ had to exploit a void in 1996? Probably not. But it's there and WJ needs to absolutely dominate and control it in order to protect the larger franchise. Take a quic...
- Fri Feb 02, 2018 10:10 am
- Forum: General Airline Industry Comments
- Topic: Flair in YYZ/YVR
- Replies: 25
- Views: 8121
Re: Flair in YYZ/YVR
You think Flair, and all the others, haven’t been beating the bushes everywhere looking for investors for the past 18 months?
Now that Swoop has launched, would you invest in Flair or any of the others?
Now that Swoop has launched, would you invest in Flair or any of the others?
- Tue Jan 30, 2018 10:19 pm
- Forum: General Airline Industry Comments
- Topic: Flair in YYZ/YVR
- Replies: 25
- Views: 8121
Re: Flair in YYZ/YVR
Running 20 year old 737-400’s with 156 seats head to head with Swoops 3 year old, 189 seat -800’s is a hopelessly flawed plan. Even with zero monthly lease payments, (and the owner of those -400’s didn’t buy those birds and put them into service with the idea of getting no return on his investment),...
- Wed Jan 17, 2018 5:35 am
- Forum: WestJet
- Topic: Swoop pilot hiring.
- Replies: 190
- Views: 42596
Re: Swoop pilot hiring.
The modelled avg pay is higher than these rates. Before continuing the discussion, most followers of this thread should spend the time to read and fully digest this document: https://raymondjames.bluematrix.com/sellside/EmailDocViewer?encrypt=9bcebab0-2bf3-4ed6-84f8-3debba1e5bc8&mime=pdf&co=RaymondJ...
- Tue Jan 16, 2018 6:22 am
- Forum: WestJet
- Topic: Swoop pilot hiring.
- Replies: 190
- Views: 42596
Re: Swoop pilot hiring.
Please translate those rates into what an annualized salary would look like, given full, practical flying blocks, and not including benefits and per diems. Thanks Realitychex. Question for you. How does the posted pay rates compare to the figures you modelled? Thanks! For reference. Capt Step 1 - $1...
- Mon Jan 15, 2018 1:42 pm
- Forum: WestJet
- Topic: Swoop pilot hiring.
- Replies: 190
- Views: 42596
Re: Swoop pilot hiring.
From Raymond James’ latest report, The Scoop on Swoop. Swoop is going to cause a lot of changes in the industry over the next 18 months. It’s going to be an interesting ride. Here lies exposed the myth of the “free aircraft,” which we view as a commonly misunderstood component of the ULCC model. The...
- Sun Dec 24, 2017 3:56 pm
- Forum: WestJet
- Topic: Swoop Blacklist
- Replies: 290
- Views: 81108
Re: Swoop Blacklist
Let’s just say it’s a hell of a lot more than what it’ll be for everyone if WJ abdicates it’s spot in the Cdn industry as the low cost leader. I know what others are planning to pay their guys and it’s a quantum leap above that. I ran it by a number of very senior guys I know who still fly the line....
- Sun Dec 24, 2017 11:18 am
- Forum: WestJet
- Topic: Swoop Blacklist
- Replies: 290
- Views: 81108
Re: Swoop Blacklist
Funny. No one has asked what I have in for pilot pay (and f/a pay) in the model.
You might be surprised.
You might be surprised.
- Sun Dec 24, 2017 7:09 am
- Forum: WestJet
- Topic: Swoop Blacklist
- Replies: 290
- Views: 81108
Re: Swoop Blacklist
Having recently completed a granular independent analysis of Swoop and the ULCC opportunity in Canada, something I’m pretty sure ALPA has yet to do, (and even if they did, it would not be anywhere as detailed or realistic in projected outcomes), it would become clear that It is in all parties intere...
- Thu Nov 02, 2017 8:46 am
- Forum: WestJet
- Topic: Meet Swoop - WestJet's ultra-low-cost carrier has a name, a home and a purpose
- Replies: 173
- Views: 37856
Re: Meet Swoop - WestJet's ultra-low-cost carrier has a name, a home and a purpose
For all the moaning about Rouge lowering working conditions for the pilots at mainline Air Canada, it has obviously worked for Air Canada. Look at the stock price performance to see how the market has rewarded the stock holders. Despite what is oft repeated by union afficionados, pilot wage and ben...
- Thu Jun 15, 2017 6:08 pm
- Forum: WestJet
- Topic: Plus Seats
- Replies: 13
- Views: 5984
Re: Plus Seats
Plus seats are rarely available on any flight I've taken in the last 12 months over 500 miles. That didn't used to be the case.
- Wed May 31, 2017 10:38 am
- Forum: WestJet
- Topic: Westjet pulls back from LGW.......
- Replies: 11
- Views: 5272
Re: Westjet pulls back from LGW.......
Reposted from elsewhere and says it all: 8) This is old news, announced and previously reported in January 2017. http://www.cbc.ca/news/canada/manitoba/ ... -1.3923588 Crapping on airlines, be it WJ, AC, Sunwing or today, Transat, even if it means rehashing a story they reported 5 months ago, is the...
- Wed May 03, 2017 10:00 pm
- Forum: WestJet
- Topic: WestJet To Launch ULCC
- Replies: 306
- Views: 68782
Re: WestJet To Launch ULCC
"WJ posts 45% fall in Q1 profit" It sounds worse than it actually is. Did people think cheap oil would last forever?! WJ's operating profit in 1Q 2017 was down 34.3% yoy. The industry collective operating profit, including the 11 North American publicly traded sched carriers that have reported 1Q 2...
- Thu Apr 27, 2017 12:15 pm
- Forum: WestJet
- Topic: WestJet To Launch ULCC
- Replies: 306
- Views: 68782
Re: WestJet To Launch ULCC
Oh RealityChex... I've been eagerly waiting for your return after your posts about WJ taking over the international markets and the crumbling of AC. B767s broken down and a recently cashed maxed out profit sharing cheque and you have returned!!! Ah this time talks about how ALPA is an evil to WJ pi...
- Thu Apr 27, 2017 12:13 pm
- Forum: WestJet
- Topic: WestJet To Launch ULCC
- Replies: 306
- Views: 68782
Re: WestJet To Launch ULCC
Oh RealityChex... I've been eagerly waiting for your return after your posts about WJ taking over the international markets and the crumbling of AC. B767s broken down and a recently cashed maxed out profit sharing cheque and you have returned!!! Ah this time talks about how ALPA is an evil to WJ pi...
- Wed Apr 26, 2017 7:40 am
- Forum: WestJet
- Topic: WestJet To Launch ULCC
- Replies: 306
- Views: 68782
Re: WestJet To Launch ULCC
Let's imagine there are 4 pretty bright guys, we'll call them Cliff, Mike, John and Jim, who come up with a very clever ULCC concept in Canada. They bring in a very bright marketing guy, we'll call him Biff, a smart CFO type named Andy and a guy who knows his way around air frame acquisition named G...
- Wed Feb 15, 2017 9:20 pm
- Forum: WestJet
- Topic: Westjet - Montreal announcement
- Replies: 22
- Views: 10604
Re: Westjet - Montreal announcement
Scotia Bank have been pumping this concept for a couple of weeks now.
There are so many reasons why this makes no sense at all on so many levels, except to analysts who live in a world of theoretical but know nothing about realities.
Someone's trying to get TRZ's stock moving.
There are so many reasons why this makes no sense at all on so many levels, except to analysts who live in a world of theoretical but know nothing about realities.
Someone's trying to get TRZ's stock moving.
- Wed Dec 07, 2016 10:51 am
- Forum: WestJet
- Topic: Westjet Pilots Vote Against Expanding Widebody Fleet
- Replies: 68
- Views: 33163
Re: Westjet Pilots Vote Against Expanding Widebody Fleet
This is a so full of BS. You can argue the company side till your face turns blue but pilot's wages are so miniscule in the grand scheme of things. Even one of WJ's previous EVP's was on record stating so. As it stands right now, WJ gets some of the cheapest pilots and by far the most productive. P...
- Thu Nov 24, 2016 9:15 am
- Forum: WestJet
- Topic: Westjet Pilots Vote Against Expanding Widebody Fleet
- Replies: 68
- Views: 33163
Re: Westjet Pilots Vote Against Expanding Widebody Fleet
This is precisely what I'd do. As long as WJ WB plans are tied up in knots, I'd aggresively expand into the void. I expect to see a lot more of this in the next couple of months. WOW air expands Canada operation in S17 Posted: 23 Nov 2016 11:00 PM PST Icelandic carrier WOW air in summer 2017 season ...