AC and TRZ Agree to Terminate Arrangement

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

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Last edited by TSAM on Wed Apr 08, 2020 3:55 pm, edited 1 time in total.
TSAM
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

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

Post by altiplano »

LOL... timing is everything. Yes it's wise.

40 million is like you're first week of losses taking on Transat...
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TSAM
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

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

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

Post by altiplano »

Just another canuck wrote: Fri Mar 13, 2020 10:06 pm Altiplano, just gonna come out here and say what everyone else is thinking. You're not nearly as smart as you think you are. I've never seen anyone who thinks they know so much about absolutely everything. And your repeated quotes to tell us not to take it personally is enough. It is personal. Do you not understand what can and will happen to families? You and the rest of the sidekicks clearly care more about your progression (Which won't actually be affected) than the livelihood of thousands of other people. Your selfishness is appalling. You're very good at being an asshole while maintaining a professional attitude. You and the rest of the snot nosed pricks on here would rather see Transat burn, and the rest of the industry too I suspect, than lose a single day of precious seniority. To hell with people with kids and mortgages and car payments and everything else. Whatever happens, I hope I never spend a day at work with you or anyone else who shares your attitude.

I'll take an LOA to help my fellow colleagues. I'll make it work. You and some of the other posters here would likely cut each others throats to climb another rung on the ladder.

Moderators. Delete my post if you wish. I'm done here.
I appreciate your comment, no matter how hyperbilous it is...

Absolutely everything? Like what... a few industry topics!? An opinion you don't like on THIS topic.

But it's a free country and if you don't like my opinion, all the power to you.

It really isn't personal because I don't know you or 99% of your colleagues. You do make it personal though... But what really specifically do you have a problem with? That I think it's a bad deal? That hurts your feelings?

The fact is most airline mergers are bad deals... sorry if that's hard for you to accept.

No, not to hell with anyone personally. Not to hell with families or peoples car payments... I'm not taking about that and have never mentioned it. Is this what it's about for you? Maybe you see the writing on the wall at TRZ? You need AC to save your career or something?

I get it that you personally like the deal, it's good for you! And personally I say good for you... but are you so obtuse to not understand why someone else may not like it? Can't you accept that?

You don't know me, and you couldn't be more wrong. I would take it as far as needed for my colleagues. I stand up for myself and my contract every time.

I want to see you succeed where you are. And if we end up on the same list I want to see us both succeed here.

Anyway... You're done so... have a good one.
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Hangry
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by Hangry »

Wow. Anti advocates for himself and he’s an asshole??

Sorry. Maybe the TS guys need a long look in the mirror.

Not one time on this website has a single TS pilot ever shown a shred of gratitude that this deal may indeed save their job. Not a single time. Love to point fingers though at how AC pilots are selfish, single minded a holes.

No one wants to see anyone lose their jobs or go hungry. But be a little humble and realize who is the real winner in this deal. Jesus.
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Jean-Pierre
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by Jean-Pierre »

TSAM wrote: Thu Mar 12, 2020 1:46 pm The more I hear of the selfish entitlement from and handful of AC pilots, the more I look forward to this deal as the salty tears will be delicious.
Entitlement? Entitled...to their own jobs...
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FL-280
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by FL-280 »

Funny how times change... 2 months ago we we’re talking about really needing those fins.
Now, all I see is the TS pilots hanging on to this deal for dear life.
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altiplano
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by altiplano »

Hangry wrote: Sat Mar 14, 2020 5:51 am Wow. Anti advocates for himself and he’s an asshole??

Sorry. Maybe the TS guys need a long look in the mirror.

Not one time on this website has a single TS pilot ever shown a shred of gratitude that this deal may indeed save their job. Not a single time. Love to point fingers though at how AC pilots are selfish, single minded a holes.

No one wants to see anyone lose their jobs or go hungry. But be a little humble and realize who is the real winner in this deal. Jesus.
Nobody needs to show gratitude. We're all only pawns in the game and it is what it is. You're right, it's clear who wins in this deal.

And at least understand why not everyone may like the deal from both a professional perspective and a greater industry perspective.

From the greater industry perspective it is clear the reason the stock is down is the market questioning the deal... I'm not sure why that's so hard for people to accept and instead they attack me personally. It is what it is... I don't have a position here, I'm certainly not shorting the stock...

The chasm suggests investors are questioning whether the $720 million deal will happen in light of the coronavirus crisis, which has hammered the prospects for travel companies. Transat said Thursday that a decline in bookings that started Feb. 24 has accelerated to reach 50 per cent in the past few days. The company said it was unable to provide an outlook for the second quarter or the summer travel season.

https://www.google.com/amp/s/www.thesta ... -deal.html

Professionally, it's easy to see why this is a bad deal for AC Pilots. If both pilot groups were at equal wawcon and career prospects it Transat pilots would think it was a bad deal too! This isn't a 'sum is greater than the parts" kinda thing.

As the deal stood last summer, there was already going to be a loss of flying even with all cylinders firing during the heyday, but now? with echoes of industry losses? layoffs, retraction, and travel slow downs? There is even more to be lost. Not to mention the adversarial distraction of merging lists and flying.

Attack the person who writes something they don't like... that's all these guys can offer. If this merger happens, I hope I'm wrong and we get the best contract and all our flying increases and our fleet doubles and we keep hiring 500 pilots a year...
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TSAM
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

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

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Last edited by TSAM on Wed Apr 08, 2020 3:54 pm, edited 1 time in total.
Hangry
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by Hangry »

Jean-Pierre wrote: Sat Mar 14, 2020 7:06 am
TSAM wrote: Thu Mar 12, 2020 1:46 pm The more I hear of the selfish entitlement from and handful of AC pilots, the more I look forward to this deal as the salty tears will be delicious.
Entitlement? Entitled...to their own jobs...
There isn’t a worse trait in a pilot than one who can’t admit when they are wrong, or apologize when they are.

There is probably a different way to go about it than doubling down on an statement like that.

But welcome aboard TSAM! I’m hoping your kin are a little different than you.
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altiplano
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by altiplano »

TSAM wrote: Sat Mar 14, 2020 8:02 amIf Joe Blow owns TS stock, he is going to sell because he wants cash to buy toilet paper, despite a guarantee of $18/share. It makes no sense, but that's the world we live in.
I think you have a wrong view of "Joe Blow" investor.

Needs cash for toilet paper? R i g h t...

You don't have to believe me. But market analysts and journalists have wrote same in the last couple days. Also other posters on this site, including one who IMO posts some of the most insightful, thought out commentary on this forum, have posted similar reasoning.

Of course the Transat CEO is saying what he's saying... it's a big payday for him and he needs the deal done yesterday. He's trying to push regulators to go faster because he's a little worried of uncertainty creeping in and torpedoing this deal.
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tsgas
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by tsgas »

TSAM wrote: Fri Mar 13, 2020 9:32 pm
tsgas wrote: Fri Mar 13, 2020 9:17 pm
Victory wrote: Fri Mar 13, 2020 11:54 am

Not instantly but they will be bankrupt in a matter of months. Why would AC buy them? Good question.
AC might be expecting a discount in light of the new financial realities.
.... so you don't know how this works. For what you said, AC would first have to break the current agreement, then renegotiate. Think that is wise?
You socialists have a lot to learn about how business and capitalism works. Just research what happened when AC merged with CA.
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TSAM
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

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

Post by ACboi »

clearly u sum boomer from ur other posts. come in here spouting salty tears n shiit >>>GTFO. this is our house and u trannysat pilots coming n here and taking our jobs n seniority. Ima enjoy ur salty tears wen u and ur buddies be sitting next to me, making ur life very uncomfortable. we gunna fight for whats ours, u should be on ur knees thanking us
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SOBIESKI
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by SOBIESKI »

ACboi wrote: Sat Mar 14, 2020 12:18 pm clearly u sum boomer from ur other posts. come in here spouting salty tears n shiit >>>GTFO. this is our house and u trannysat pilots coming n here and taking our jobs n seniority. Ima enjoy ur salty tears wen u and ur buddies be sitting next to me, making ur life very uncomfortable. we gunna fight for whats ours, u should be on ur knees thanking us
WOW!! Beyond words for this post. If this is the maturity of ac pilots today then no wonder why Transat pilots wouldn’t want to work there.

I think there is some toilet paper 🧻 left at Walmart....go quickly ACboi!
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Dry Guy
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by Dry Guy »

You're trolled that easily?
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Sharklasers
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Post by Sharklasers »

Just another canuck wrote: Fri Mar 13, 2020 10:06 pm Altiplano, just gonna come out here and say what everyone else is thinking. You're not nearly as smart as you think you are. I've never seen anyone who thinks they know so much about absolutely everything. And your repeated quotes to tell us not to take it personally is enough. It is personal. Do you not understand what can and will happen to families? You and the rest of the sidekicks clearly care more about your progression (Which won't actually be affected) than the livelihood of thousands of other people. Your selfishness is appalling. You're very good at being an asshole while maintaining a professional attitude. You and the rest of the snot nosed pricks on here would rather see Transat burn, and the rest of the industry too I suspect, than lose a single day of precious seniority. To hell with people with kids and mortgages and car payments and everything else. Whatever happens, I hope I never spend a day at work with you or anyone else who shares your attitude.
I’ll just come out and say that we are all a little too preoccupied worrying about our own families, mortgages, car payments right now to worry about yours. The way this is shaping up its a zero sum game just like the cnd merger. The amount of rationalization that will take place after this within our own shop will hurt us let alone adding in a Transat with no bookings to the mix.
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