AC and TRZ Agree to Terminate Arrangement

[FL320]

No one spends money in this environment.

Rich people are spending money now!

[Fanblade]

Buy distressed land or gold.

[rudder]

I have to chuckle at posters that suggest that “AC has no choices” when it comes to this transaction as written.

Clearly, that is a comment from a party that has never dealt with CR.

Just watch.

[FL320]

I have to chuckle at posters that suggest that “AC has no choices” when it comes to this transaction as written.

Clearly, that is a comment from a party that has never dealt with CR.

Just watch.

Everyone has choices; but CR is smart enough to think about the consequences. He will not react on short term emotions.
Just watch

[rudder]

If you believe that everybody in the COVID era will take a haircut except the TRZ shareholders (including JME) then you may be in for a surprise.

The transaction may happen - now - later - but it will not be on the terms of the original deal.

[altiplano]

If you believe that everybody in the COVID era will take a haircut except the TRZ shareholders (including JME) then you may be in for a surprise.

The transaction may happen - now - later - but it will not be on the terms of the original deal.

Buying an airline that has completely ceased operations isn't what CR signed for.

If this deal doesn't fully unravel, it will certainly take a new appearance.

[Jean-Luc Monette]

Buying an airline that has completely ceased operations isn't what CR signed for.

If this deal doesn't fully unravel, it will certainly take a new appearance.

Actually, I wouldn’t be surprised if CR actually had something to do with that decision...

[aerodude]

Buying an airline that has completely ceased operations isn't what CR signed for.

If this deal doesn't fully unravel, it will certainly take a new appearance.

Actually, I wouldn’t be surprised if CR actually had something to do with that decision...

I think coordinating between companies like that before actual ownership/merge would be illegal. Doubt it.

[FL320]

Buying an airline that has completely ceased operations isn't what CR signed for.

If this deal doesn't fully unravel, it will certainly take a new appearance.

Actually, I wouldn’t be surprised if CR actually had something to do with that decision...

I think coordinating between companies like that before actual ownership/merge would be illegal. Doubt it.

I won’t share corporate info on a public forum but you would be surprised...

[aerodude]

Actually, I wouldn’t be surprised if CR actually had something to do with that decision...

I think coordinating between companies like that before actual ownership/merge would be illegal. Doubt it.

I won’t share corporate info on a public forum but you would be surprised...

Knowing how CR works, i guess i shouldn't be surprised.

[altiplano]

Actually, I wouldn’t be surprised if CR actually had something to do with that decision...

I think coordinating between companies like that before actual ownership/merge would be illegal. Doubt it.

I won’t share corporate info on a public forum but you would be surprised...

So you have direct knowledge that Air Canada and Transat are in violation of securities regulations?

Apparently you are an insider, you are also on the record on this forum as having purchased the stock recently. You are breaking several laws and would be wise to report your self and the involved parties to the OSC.

https://www.osc.gov.on.ca/en/whistleblower.htm

[FL320]

I think coordinating between companies like that before actual ownership/merge would be illegal. Doubt it.

I won’t share corporate info on a public forum but you would be surprised...

So you have direct knowledge that Air Canada and Transat are in violation of securities regulations?

Apparently you are an insider, you are also on the record on this forum as having purchased the stock recently. You are breaking several laws and would be wise to report your self and the involved parties to the OSC.

https://www.osc.gov.on.ca/en/whistleblower.htm

Lol you’re that kind of guy...
I’m not an insider; I don’t have more information than what is publicly published. As for the shares; I use common sense...

[mbav8r]

I won’t share corporate info on a public forum but you would be surprised...

So you have direct knowledge that Air Canada and Transat are in violation of securities regulations?

Apparently you are an insider, you are also on the record on this forum as having purchased the stock recently. You are breaking several laws and would be wise to report your self and the involved parties to the OSC.

https://www.osc.gov.on.ca/en/whistleblower.htm

Lol you’re that kind of guy...
I’m not an insider; I don’t have more information than what is publicly published. As for the shares; I use common sense...

So which is it, you won’t share corporate information or you don’t have any more than is already public?

[FL320]

So which is it, you won’t share corporate information or you don’t have any more than is already public?

Yes: I won’t share corporate info and I don’t have any more than is already public.

[Daniel Cooper]

I'm curious if most laid of Air Transat are actively trying to pursue new jobs or are waiting for this buyout to happen? It's fun to speculate on what might happen but if it stops someone from advancing their career in the meantime it be harmful to them. If the dream of being merged into the ACPA seniority list instead of being laid off (while Air Canada pilots get laid off in their place?) gives them hope it can be helpful mentally. Not if it prevents them from moving on with their life though.

[indieadventurer]

I'm curious if most laid of Air Transat are actively trying to pursue new jobs or are waiting for this buyout to happen? It's fun to speculate on what might happen but if it stops someone from advancing their career in the meantime it be harmful to them. If the dream of being merged into the ACPA seniority list instead of being laid off (while Air Canada pilots get laid off in their place?) gives them hope it can be helpful mentally. Not if it prevents them from moving on with their life though.

Most Air Transat pilots are probably waiting to go back to work at Air Transat.

From talking to colleagues there, many aren't dreaming of being merged into your list anyways. I think they recognize the long term job security the deal would bring though.

They had a very good lifestyle gig going and with their new pay scales that were signed off on by the company, they were beginning to bridge the gap with WestJet and Air Canada.

[Jean-Luc Monette]

I'm curious if most laid of Air Transat are actively trying to pursue new jobs...

I wonder where we’d be looking these days...

[altiplano]

I won’t share corporate info on a public forum but you would be surprised...

So you have direct knowledge that Air Canada and Transat are in violation of securities regulations?

Apparently you are an insider, you are also on the record on this forum as having purchased the stock recently. You are breaking several laws and would be wise to report your self and the involved parties to the OSC.

https://www.osc.gov.on.ca/en/whistleblower.htm

Lol you’re that kind of guy...
I’m not an insider; I don’t have more information than what is publicly published. As for the shares; I use common sense...

The kind that follows the law?

Or the kind that would whistle blow someone providing insider tips and profiting on insider trading for a $5million reward?

Guilty...

[airboy1]

Can the deal really get shut down? If TC approves, what allows AC to back out?
Coronavirus is not just uniquely affecting transat, it's affecting all airlines so AC has to acquire it now. Pretty much a done deal.

[FL320]

Altiplano, you’re really wasting your time on this one.

Most Air Transat pilots are probably waiting to go back to work at Air Transat.

+1