Air Canada threatens sale of Jazz
Moderators: sky's the limit, sepia, Sulako, lilfssister, North Shore, I WAS Birddog
Air Canada threatens sale of Jazz
Not sure if this was already posted......
Air Canada threatens sale of Jazz
Air Canada last month suggested the potential sale of Air Canada Jazz, just as executives prepared to meet with key unions to discuss cost cuts at its money-losing regional subsidiary. Air Canada seeks to trim a total of C$650 million ($425 million) in labor costs, an amount equal to roughly 23 percent of its annual payroll and related expenditures. Air Canada Jazz aims to shed C$90 million–the exact amount it lost last year.
In November Jazz threatened to cut 391 jobs–roughly 9 percent of its workforce–to compensate for a 30-percent drop in short-haul travel over the past year. The airline had already laid off more than 130 employees earlier in the year.
Unions representing more than 35,000 workers at Air Canada’s mainline operations, including pilots, flight attendants, ticket agents, maintenance and ground services personnel, have all balked at the airline’s calls for renegotiated contracts. Meanwhile, ALPA representatives for Air Canada Jazz pilots have accused the parent company of inflating maintenance and ground-service costs to Jazz, thereby creating pressure for labor cost concessions at the regional airline.
http://www.ainonline.com/news/single-ne ... f902390858
Air Canada threatens sale of Jazz
Air Canada last month suggested the potential sale of Air Canada Jazz, just as executives prepared to meet with key unions to discuss cost cuts at its money-losing regional subsidiary. Air Canada seeks to trim a total of C$650 million ($425 million) in labor costs, an amount equal to roughly 23 percent of its annual payroll and related expenditures. Air Canada Jazz aims to shed C$90 million–the exact amount it lost last year.
In November Jazz threatened to cut 391 jobs–roughly 9 percent of its workforce–to compensate for a 30-percent drop in short-haul travel over the past year. The airline had already laid off more than 130 employees earlier in the year.
Unions representing more than 35,000 workers at Air Canada’s mainline operations, including pilots, flight attendants, ticket agents, maintenance and ground services personnel, have all balked at the airline’s calls for renegotiated contracts. Meanwhile, ALPA representatives for Air Canada Jazz pilots have accused the parent company of inflating maintenance and ground-service costs to Jazz, thereby creating pressure for labor cost concessions at the regional airline.
http://www.ainonline.com/news/single-ne ... f902390858
Never point your aircraft to some place your brain hasn't already been 5 minutes earlier.
-
- Rank 3
- Posts: 105
- Joined: Tue Sep 13, 2005 1:30 pm
- Location: T/O
Re: Air Canada threatens sale of Jazz
How long ago was this? or is this related to the Euro or something? Last I checked it should be about even.Main Gear wrote:C$650 million ($425 million)
- quickflight
- Rank 4
- Posts: 225
- Joined: Tue Apr 12, 2005 8:09 am
- Location: near margaritaville
Re: Main Gear!!!
Geez...just posted the article from a site that has links to recent aviation news, but obviously this particular one wasn't current. If I worked at Jazz I would have known different. But with all the talk of ACE, 2009, etc. who the hell knows...
Thanks for adding me to your list of idiots....arewethereyet wrote:Main Gear!!!
YOUR AN IDIOT... EVEN MORE THAN TONY!
Never point your aircraft to some place your brain hasn't already been 5 minutes earlier.
-
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm
Main Gear.
On Avcanada sometimes the truth hurts. For the most part it's a source that is well informed and fun to read. But sometimes when you state the facts you will be called an idiot, a troll etc. When you go against their needs, the name calling begins. You did nothing wrong. They are insecure. You proved it. The fact is, AC/Jazz management will do whatever it needs to do or say. Don't always accept it. Most times they are playing a game. Beware, though. There is always some truth to a rumor. The article may be old. But maybe ACE has found a new way to cut costs. The mainline is next. Just wait.
On Avcanada sometimes the truth hurts. For the most part it's a source that is well informed and fun to read. But sometimes when you state the facts you will be called an idiot, a troll etc. When you go against their needs, the name calling begins. You did nothing wrong. They are insecure. You proved it. The fact is, AC/Jazz management will do whatever it needs to do or say. Don't always accept it. Most times they are playing a game. Beware, though. There is always some truth to a rumor. The article may be old. But maybe ACE has found a new way to cut costs. The mainline is next. Just wait.
you, my friend, are truly the candle in the darkness...tonysoprano wrote:Main Gear.
On Avcanada sometimes the truth hurts. For the most part it's a source that is well informed and fun to read. But sometimes when you state the facts you will be called an idiot, a troll etc. When you go against their needs, the name calling begins. You did nothing wrong. They are insecure. You proved it. The fact is, AC/Jazz management will do whatever it needs to do or say. Don't always accept it. Most times they are playing a game. Beware, though. There is always some truth to a rumor. The article may be old. But maybe ACE has found a new way to cut costs. The mainline is next. Just wait.
Drinking outside the box.
Four1oh wrote:you, my friend, are truly the candle in the darkness...tonysoprano wrote:Main Gear.
On Avcanada sometimes the truth hurts. For the most part it's a source that is well informed and fun to read. But sometimes when you state the facts you will be called an idiot, a troll etc. When you go against their needs, the name calling begins. You did nothing wrong. They are insecure. You proved it. The fact is, AC/Jazz management will do whatever it needs to do or say. Don't always accept it. Most times they are playing a game. Beware, though. There is always some truth to a rumor. The article may be old. But maybe ACE has found a new way to cut costs. The mainline is next. Just wait.
Don't you all git your titties in a knot about jazz - it'll be around forever, hahaha.
http://www.youtube.com/watch?v=eGr2mW4L-fw
You will never live long enough to know it all, so quit being anal about it..
-
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm