Beginning of Transat wave?

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tsgas
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Re: Beginning of Transat wave?

Post by tsgas »

TFTMB heavy wrote:
Tue Mar 19, 2019 3:43 pm
tsgas wrote:
Mon Mar 18, 2019 8:42 pm
TFTMB heavy wrote:
Mon Mar 18, 2019 8:24 pm


Good thing you're not running WS and sending 787s in the South of France to compete with TS 321LRs. Then again, I wish you were!
Good thing you don't have anything to do with business. What socialist's like you can't comprehend , is the concept of critical mass. WS has an amazing feed system which includes Encore, but that is way too complicated for you to fathom . In the mean time TS is still flying A 310's ,DOH :!:
Socialists like me hey? Keep throwing "cool" words around and insulting people on forums if it makes you feel better. You're the one that said TS was at risk with WS 787 being deployed on their routes, not me. I never claimed to be a business wizz but I sure as shit know that we are not at risk on almost all of the 321LR routes when it comes to the 787. The 321LR will service smaller markets and supplement on busier routes to increase frequency.

TS has a history of keeping a mixed fleet with some new and some old iron and it has served them well. Might not be breaking any financial records but 30+ years as a tour operator with a small airline is nothing to be embarrassed about.
You started with the BS and the lecture about the financial health and cash flow nonsense. FYI all operating airlines have strong cash flows but eventually it's the continuing loses that leads to layoffs and downsizing.
You were bragging about how amazing TS was because the NEO 321 LR would save the day. I mentioned that , in business , nothing remains stagnant , so other carriers like WJ will be adding modern aircraft like the B 787 to compete in the market place. Keep in mind that the amount of pax in Canada is limited, and when one carrier picks up more business , than the remaining carriers will have less.
You made this an emotion discussion rather than sticking to facts. Your CEO has warned that the next quarter will mean continuing losses. That is not an attack on you, or your company. However ignoring the importance of companies achieving a profit , and dismissing it as irreverent , is not in line with the thinking of a capitalist.

I wish TS every success in their future prospects ,but at this stage of the game , I wouldn't be betting the family farm on purchasing too many of their shares.
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Ypilot
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Re: Beginning of Transat wave?

Post by Ypilot »

Tsgas, get a life, you left AT for AC and good for you, but you have to let it go man, there is an Air Canada section for you. We don't care about your financial analysis on AT.
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tsgas
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Re: Beginning of Transat wave?

Post by tsgas »

Ypilot wrote:
Tue Mar 19, 2019 7:07 pm
Tsgas, get a life, you left AT for AC and good for you, but you have to let it go man, there is an Air Canada section for you. We don't care about your financial analysis on AT.
speak for yourself, farmer. :wink:
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Ypilot
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Re: Beginning of Transat wave?

Post by Ypilot »

tsgas wrote:
Tue Mar 19, 2019 7:09 pm
Ypilot wrote:
Tue Mar 19, 2019 7:07 pm
Tsgas, get a life, you left AT for AC and good for you, but you have to let it go man, there is an Air Canada section for you. We don't care about your financial analysis on AT.
speak for yourself, farmer. :wink:
Hmm... ok, I wasn't missing avcanada at all, I willl check it out again in a few years.
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DanWEC
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Re: Beginning of Transat wave?

Post by DanWEC »

AC is hiring Transat to supplement the routes that were affected by grounding the Mutt. I'd say that's pretty good faith between the companies.

I also don't think TS is going anywhere anytime soon! Too many assets.
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TFTMB heavy
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Re: Beginning of Transat wave?

Post by TFTMB heavy »

tsgas wrote:
Tue Mar 19, 2019 4:17 pm
TFTMB heavy wrote:
Tue Mar 19, 2019 3:43 pm
tsgas wrote:
Mon Mar 18, 2019 8:42 pm


Good thing you don't have anything to do with business. What socialist's like you can't comprehend , is the concept of critical mass. WS has an amazing feed system which includes Encore, but that is way too complicated for you to fathom . In the mean time TS is still flying A 310's ,DOH :!:
Socialists like me hey? Keep throwing "cool" words around and insulting people on forums if it makes you feel better. You're the one that said TS was at risk with WS 787 being deployed on their routes, not me. I never claimed to be a business wizz but I sure as shit know that we are not at risk on almost all of the 321LR routes when it comes to the 787. The 321LR will service smaller markets and supplement on busier routes to increase frequency.

TS has a history of keeping a mixed fleet with some new and some old iron and it has served them well. Might not be breaking any financial records but 30+ years as a tour operator with a small airline is nothing to be embarrassed about.
You started with the BS and the lecture about the financial health and cash flow nonsense. FYI all operating airlines have strong cash flows but eventually it's the continuing loses that leads to layoffs and downsizing.
You were bragging about how amazing TS was because the NEO 321 LR would save the day. I mentioned that , in business , nothing remains stagnant , so other carriers like WJ will be adding modern aircraft like the B 787 to compete in the market place. Keep in mind that the amount of pax in Canada is limited, and when one carrier picks up more business , than the remaining carriers will have less.
You made this an emotion discussion rather than sticking to facts. Your CEO has warned that the next quarter will mean continuing losses. That is not an attack on you, or your company. However ignoring the importance of companies achieving a profit , and dismissing it as irreverent , is not in line with the thinking of a capitalist.

I wish TS every success in their future prospects ,but at this stage of the game , I wouldn't be betting the family farm on purchasing too many of their shares.
You have me confused with someone else. Regardless, like it was mentioned above we don't care about your opinion, thanks for the good wishes.
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tsgas
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Re: Beginning of Transat wave?

Post by tsgas »

TFTMB heavy wrote:
Wed Mar 20, 2019 4:39 pm
tsgas wrote:
Tue Mar 19, 2019 4:17 pm
TFTMB heavy wrote:
Tue Mar 19, 2019 3:43 pm


Socialists like me hey? Keep throwing "cool" words around and insulting people on forums if it makes you feel better. You're the one that said TS was at risk with WS 787 being deployed on their routes, not me. I never claimed to be a business wizz but I sure as shit know that we are not at risk on almost all of the 321LR routes when it comes to the 787. The 321LR will service smaller markets and supplement on busier routes to increase frequency.

TS has a history of keeping a mixed fleet with some new and some old iron and it has served them well. Might not be breaking any financial records but 30+ years as a tour operator with a small airline is nothing to be embarrassed about.
You started with the BS and the lecture about the financial health and cash flow nonsense. FYI all operating airlines have strong cash flows but eventually it's the continuing loses that leads to layoffs and downsizing.
You were bragging about how amazing TS was because the NEO 321 LR would save the day. I mentioned that , in business , nothing remains stagnant , so other carriers like WJ will be adding modern aircraft like the B 787 to compete in the market place. Keep in mind that the amount of pax in Canada is limited, and when one carrier picks up more business , than the remaining carriers will have less.
You made this an emotion discussion rather than sticking to facts. Your CEO has warned that the next quarter will mean continuing losses. That is not an attack on you, or your company. However ignoring the importance of companies achieving a profit , and dismissing it as irreverent , is not in line with the thinking of a capitalist.

I wish TS every success in their future prospects ,but at this stage of the game , I wouldn't be betting the family farm on purchasing too many of their shares.
You have me confused with someone else. Regardless, like it was mentioned above we don't care about your opinion, thanks for the good wishes.

Your welcome. FYI I don't care about your unprofessional attitude.
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confusedalot
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Re: Beginning of Transat wave?

Post by confusedalot »

Many operators have come and gone yet Transat marches on......So I would be reluctant to underestimate their survival skills. I think they will be around for a while, and good for them.

Worked there decades ago but sadly it was in the bad old days of frequent layoffs, otherwise I would still be there. I liked it. Ended up going to the then darling airline that went poof after 9/11. So go figure....

Financials are of primary importance, but they are not everything.
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GATRKGA
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Re: Beginning of Transat wave?

Post by GATRKGA »

tsgas wrote:
Wed Mar 20, 2019 6:06 pm
TFTMB heavy wrote:
Wed Mar 20, 2019 4:39 pm
tsgas wrote:
Tue Mar 19, 2019 4:17 pm


You started with the BS and the lecture about the financial health and cash flow nonsense. FYI all operating airlines have strong cash flows but eventually it's the continuing loses that leads to layoffs and downsizing.
You were bragging about how amazing TS was because the NEO 321 LR would save the day. I mentioned that , in business , nothing remains stagnant , so other carriers like WJ will be adding modern aircraft like the B 787 to compete in the market place. Keep in mind that the amount of pax in Canada is limited, and when one carrier picks up more business , than the remaining carriers will have less.
You made this an emotion discussion rather than sticking to facts. Your CEO has warned that the next quarter will mean continuing losses. That is not an attack on you, or your company. However ignoring the importance of companies achieving a profit , and dismissing it as irreverent , is not in line with the thinking of a capitalist.

I wish TS every success in their future prospects ,but at this stage of the game , I wouldn't be betting the family farm on purchasing too many of their shares.
You have me confused with someone else. Regardless, like it was mentioned above we don't care about your opinion, thanks for the good wishes.

Your welcome. FYI I don't care about your unprofessional attitude.
I didn’t think Air Transat relied on financial success to remain competitive given how it’s an uplift for transat group which is in fact financially successful ... if Air Transat, the airline is financially profitable it’s a bonus, but not a requirement.

Who knows... maybe it is the beginning of the end at transat ?
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Re: Beginning of Transat wave?

Post by DropTanks »

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Last edited by DropTanks on Wed Feb 05, 2020 11:53 am, edited 1 time in total.

GATRKGA
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Re: Beginning of Transat wave?

Post by GATRKGA »

Interesting ... didn’t they have some contingency fund worth billions allowing them to operate many years at loss?

The loss has been attributed to fleet expansion and increased fuel prices, the same reason related loss AC published in its last quarter ...

Just sounds like these airlines didn’t forecast for that in their ticket prices and that they have until the 4th quarter to make it up.
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TFTMB heavy
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Re: Beginning of Transat wave?

Post by TFTMB heavy »

The finance part of airlines and operators is not quite as simple as some think. One quarter does not reveal the financial health of a company.
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GATRKGA
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Re: Beginning of Transat wave?

Post by GATRKGA »

How healthy is transat’s financials in your perspective TFTMB?

Seems to me the company is investing in their 17 A321 (2 LR and 15 NEO)... that’s bound to come at an operating loss and its benefits not reaped until the planes are flying ?

Seems perfectly acceptable that during an investing period an airline is publishing operating losses.

Also didn’t part of their losses tribute to the purchase of land for their new resorts? Yet again another loss related topic in the present with its benefits and profits reaped for the years to come ...

Tsgas, you made mention to there only being so many customers in Canada ... Air Transat is based here in canada, but their customers are worldwide ... they don’t rely on Canadian demographic and they haven’t for years. Their presence in Europe allows for them to tap into international markets unlike sunwing who only flies Canadians and ends up in Europe on wet leases for TUI lift. The 330/310 and now 321LR makes transats business model very different than what the current 737-800 model is offering sunwing.

I’m genuinely curious, how profitable has sunwing been in the last few years comparatively? They haven’t been investing as much recently and have simply been reaping the benefits of their land investments years ago. It seems like That’s one metric where transats future can be measured.

What do you think TFTMB? Maybe I’m completely off the cbstts ...
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tsgas
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Re: Beginning of Transat wave?

Post by tsgas »

DropTanks wrote:
Thu Mar 28, 2019 5:12 am
GATRKGA wrote:
Wed Mar 27, 2019 4:02 am
tsgas wrote:
Wed Mar 20, 2019 6:06 pm



Your welcome. FYI I don't care about your unprofessional attitude.
I didn’t think Air Transat relied on financial success to remain competitive given how it’s an uplift for transat group which is in fact financially successful ... if Air Transat, the airline is financially profitable it’s a bonus, but not a requirement.

Who knows... maybe it is the beginning of the end at transat ?
How do you define Transat Group as financially successful? The financial reports are there for all to see. Yet another money destroying quarter under the belt. You do realize that they are all reported together right? In fact the airline is simply a cost center for Group Transat so the money losing quarter belongs to the entire company not just the airline. Just about the last airline I’d hang my hat for my career.
Very well said.
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tsgas
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Re: Beginning of Transat wave?

Post by tsgas »

tsgas wrote:
Thu Mar 28, 2019 6:49 am
DropTanks wrote:
Thu Mar 28, 2019 5:12 am
GATRKGA wrote:
Wed Mar 27, 2019 4:02 am


I didn’t think Air Transat relied on financial success to remain competitive given how it’s an uplift for transat group which is in fact financially successful ... if Air Transat, the airline is financially profitable it’s a bonus, but not a requirement.

Who knows... maybe it is the beginning of the end at transat ?
How do you define Transat Group as financially successful? The financial reports are there for all to see. Yet another money destroying quarter under the belt. You do realize that they are all reported together right? In fact the airline is simply a cost center for Group Transat so the money losing quarter belongs to the entire company not just the airline. Just about the last airline I’d hang my hat for my career.
Very well said.That would explain why Bay Street has lost confidence in TRZ.
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rudder
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Re: Beginning of Transat wave?

Post by rudder »

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.
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Re: Beginning of Transat wave?

Post by GATRKGA »

rudder wrote:
Thu Mar 28, 2019 7:03 am
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.
Air Canada taking over transat ... how would that look for the pilots ? Doh? Jobless?

Interesting times
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Re: Beginning of Transat wave?

Post by FL320 »

tsgas wrote:
Thu Mar 28, 2019 6:49 am
DropTanks wrote:
Thu Mar 28, 2019 5:12 am
GATRKGA wrote:
Wed Mar 27, 2019 4:02 am


I didn’t think Air Transat relied on financial success to remain competitive given how it’s an uplift for transat group which is in fact financially successful ... if Air Transat, the airline is financially profitable it’s a bonus, but not a requirement.

Who knows... maybe it is the beginning of the end at transat ?
How do you define Transat Group as financially successful? The financial reports are there for all to see. Yet another money destroying quarter under the belt. You do realize that they are all reported together right? In fact the airline is simply a cost center for Group Transat so the money losing quarter belongs to the entire company not just the airline. Just about the last airline I’d hang my hat for my career.
Very well said.
Drop Tanks and Tsgas, where are you hanging your hat now? Everyone can be a drama queen-most of the time people with limited knowledge-just curious to know a little bit more about your background. So far you have zero credibility.
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Re: Beginning of Transat wave?

Post by DropTanks »

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Last edited by DropTanks on Wed Feb 05, 2020 11:52 am, edited 1 time in total.

rudder
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Re: Beginning of Transat wave?

Post by rudder »

GATRKGA wrote:
Thu Mar 28, 2019 7:07 am

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. Not sure if TRZ has a poison pill provision or not.

If balance sheet is a problem, offer combination of cash and stock in exchange.

Sell all non-operational assets (hotels/land/etc). Maintain the tour company, store fronts, and operational staff.

Integrate with current operation in the red and white paint job. Unions have provisions to deal with seniority integration.

There will be kicking and screaming from some in La Belle Province but the reality is that one QC based company acquiring another is actually a best outcome scenario.
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tsgas
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Re: Beginning of Transat wave?

Post by tsgas »

FL320 wrote:
Thu Mar 28, 2019 7:25 am
tsgas wrote:
Thu Mar 28, 2019 6:49 am
DropTanks wrote:
Thu Mar 28, 2019 5:12 am


How do you define Transat Group as financially successful? The financial reports are there for all to see. Yet another money destroying quarter under the belt. You do realize that they are all reported together right? In fact the airline is simply a cost center for Group Transat so the money losing quarter belongs to the entire company not just the airline. Just about the last airline I’d hang my hat for my career.
Very well said.
Drop Tanks and Tsgas, where are you hanging your hat now? Everyone can be a drama queen-most of the time people with limited knowledge-just curious to know a little bit more about your background. So far you have zero credibility.
Reality doesn't need your so called "credibility". :shock:
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fish4life
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Re: Beginning of Transat wave?

Post by fish4life »

Aimia has a bunch of cash and nothing to do with it...
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TFTMB heavy
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Re: Beginning of Transat wave?

Post by TFTMB heavy »

GATRKGA wrote:
Thu Mar 28, 2019 7:07 am
rudder wrote:
Thu Mar 28, 2019 7:03 am
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.
Air Canada taking over Transat ... how would that look for the pilots? Doh? Jobless?

Interesting times
I've been predicting it for some time now, my bet is if ACPA rolls into ALPA it is a near done deal. I'm only guessing and have no insider info. But based on AC doing everything in its power to avoid labour disputes and the mess acquiring Canadian made...

Seniority would be a date of hire merge of the lists if they decide to blend them. No need to rebrand the airline as most of the value in acquiring Transat is in the distribution network they have in Europe with the client base. The most recognized brand in the Group is the airline, you can't paint the planed with AC colours and keep all the business associated with TS brand.

So all of you that ditched TS in the past few years for AC will end up behind the pilots that stayed at TS on the seniority list if they blend them.

BTW one of our pilots has a degree in finance and does a deep dive into each Q report, he tells me we're doing ok. I'll take his opinion over the keyboard analysts.
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Re: Beginning of Transat wave?

Post by TFTMB heavy »

DropTanks wrote:
Thu Mar 28, 2019 7:36 am
Limited knowledge. lol. Yeah man, I’m the one claiming Transat as “successful” when all they do is pop Champagne corks if they break even. Please. You do know the purpose of being in business is to turn a profit and not simply to employ a few people from Quebec? When I was there it was all scary times of needing pilot concessions because we were ripe for a hostile takeover with such a low stock price. And where is that stock price now? Even lower than before. Don’t get me wrong, I like Transat. Very nice people and great culture but you gotta face it, they destroy money. Simple math.
Those were not fun times and the whole reason for the concessions, from all employee groups btw not just the pilots, was to protect cash flow. When your debt ration gets too high you can't get credit and that is never good for any business.

We ended up taking a deal that froze our pay for some time and other concessions but if the company became profitable again we would get a share of it. We ended up with a few years in a row where we got a decent size profit sharing.
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GATRKGA
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Re: Beginning of Transat wave?

Post by GATRKGA »

Wouldn’t the blending of the list go to a vote between the two unions? 4000+ votes would outdo 700 some people if AC pilots didn’t want the list merged...

Or is this incorrect?
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