Don't you think you should be asking a Jetsetter if it's true? It's not a big secret and no one is denying it.CLguy wrote:Rebel, I am still waiting for you to answer the question regarding load factors in the Golden Triangle. How do you know this and is this true?
WestJet faces new spying allegations
Moderators: sky's the limit, sepia, Sulako, lilfssister, North Shore, I WAS Birddog
Sorry you don’t read very well either I said the "average" load was 30 and as a WJ employee told me quote “we’re getting out asses kicked in the triangle” unquote.forbes wrote:Rebel,
Maybe you should have your spy get his/her facts straight, or get your facts straight. Just checked the "triangle" loads for the next 3 days and they are far better than your 30 you say. "Just the facts mam "
Pray tell us where you're getting your facts from? Oh and how about a number? Was that 29 or 31? Better lay off that WJ Kool-Aid as you have no idea what you're talking about..
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sprucemonkey
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tonysoprano
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Flightlevels
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Am I missing something here? has the "evil empire" not been called that for years...it seems like the term was just discovered..the new information released seems to be all the same stuff we already knew...counted loads etc...it was a new court date however it just seems to be the same stuff. I'm not proud of whatwas going on however this was only a very small part of time in wjets 9 yrs of success how do you explain these other successful years?. Ac was in the shape it was due to it's own demise(tools like mergers and high costs and HUGE debt). WJ has not been using this so called valuable data for quite sometime now and seems to be doing well in the market backed up by it's numbers. Air Canada was due back in October to present the "books" to WJ to Proove that this "spying" act put them into the finacial position they were in...guess what the date came and passed with no books...what will the court think of that...I'm not a lawyer but looking at it unbiased sure wouldn't sit well if I were a juror. They aren't playing. The biggest obsticle is prooving the financial impact...AC was a disaster back then. I truly can't see the difference of counting loads online or the AC agent sitting out in front of our gates counting the load manually...I like to bug them by making them show their covered pass since they are on duty" it must be visible....right?"...lol they usually turn red in the face....so where does this data go that they are collecting???hmmm. well u decide. This unfortunatly won't go away for years. BTW the jetsgo lawsuit is dead for good....says one of the execs.
Flightlevels
The forensic court ordered data came from WJ's own computer hard drives; better get up to speed. The court was well aware of the delay due to the forensic recovery which had nothing to do with AC. This new data certainly doesn't look good for WJ’s senior management..
As far as JetsGo's lawsuit I suspect that will go ahead as well with a "me too clause".
Why don't you tell us about 737's at 430?
The forensic court ordered data came from WJ's own computer hard drives; better get up to speed. The court was well aware of the delay due to the forensic recovery which had nothing to do with AC. This new data certainly doesn't look good for WJ’s senior management..
As far as JetsGo's lawsuit I suspect that will go ahead as well with a "me too clause".
Why don't you tell us about 737's at 430?
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Flightlevels
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don't know anything about the 430 thing....sorry I have only heard rumours. so what if it came off the hard drives...is it anything we already didn't know? I'm not talking about the forensic delay, AC was to proove that all this had a finacial impact and was to produce the financial books to westjet in Oct....they didn't hand thier finacial books over. I'll bet u a case of beer on the jetsgo thing...lol
The hard drives contained among other things the e-mails that AC suspected that WJ senior management had circulated among themselves but never had any positive proof until the forensic audit found them.Flightlevels wrote:don't know anything about the 430 thing....sorry I have only heard rumours. so what if it came off the hard drives...is it anything we already didn't know? I'm not talking about the forensic delay, AC was to proove that all this had a finacial impact and was to produce the financial books to westjet in Oct....they didn't hand thier finacial books over. I'll bet u a case of beer on the jetsgo thing...lol
Where would you like to send the case of beer as I can’t see JetGo’s creditors allowing WJ off the hook especially if they see that money can be recovered?
AC having to produce their financial books to WJ is a myth perpetrated by WJ management just as all their other rhetoric about the case being dismissed. In any case AC has to produce their financial books to the court in order to prove financial damage and it is my understanding that has already occurred. The Canadian Justice System is an independent body so neither AC nor WJ can control the proceedings regardless of what either management says. Once the wheels of Justice start turning there is no turning back..
There's an old saying where's there's smoke there's fire and no, it's not in AC's culture to conceal anything from the authorities.forbes wrote:Rebel,
Do you really want to bring things up about rumors?. I am sure AC has a few things in their closet that TC would like to talk to them about as well.
This being a public forum, maybe you should use more tact on what you say here, especially a RUMOR!
Talking about tact wasn't it interesting how JetGo's Calgary incident was leaked to the media..
Rebel, Rebel, Rebel,
You really do need to get your head out. Do you honestly think it took a leak to the media from WestJet when an aircraft slides off the runway and then takes off again. Not much to leak when pretty much the whole airport knows about it right after it happened, come now that is quite a conspiracy
theory you have.
You really do need to get your head out. Do you honestly think it took a leak to the media from WestJet when an aircraft slides off the runway and then takes off again. Not much to leak when pretty much the whole airport knows about it right after it happened, come now that is quite a conspiracy
theory you have.
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Clodhopper
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No, no, no. Those taxiway signs and deep furrows in the ground were from crazed Great Plains Buffalo. JetsGo is far too respectable to attempt a Go-around after careening over various taxiways, runways, and infield equipment...and then barely miss the control tower.
Psssh.
Psssh.
a.k.a. "Big Foot"
Rebel wrote: There's an old saying where's there's smoke there's fire and no, it's not in AC's culture to conceal anything from the authorities.
You have a very short memory.
Just a few years ago AC got busted for leaking financial numbers to certain financial companies - I think it's refferred to as insider trading?
Also, I found it interesting that Mark Hill was talking about how AC was losing money on certain routes...
Mr. Hill said in an e-mail from his BlackBerry, dated Sept. 11, 2003, that WestJet obtained a list of Air Canada's 200 weakest routes. If WestJet were to leak such information, "AC would have some serious back-tracking and explaining to do to potential investors, and would further weaken their credibility in all quarters," Mr. Hill said.
Where's the real story?
"Quote" Just a few years ago AC got busted for leaking financial numbers to certain financial companies - I think it's refferred to as insider trading?
/quote]
Really please post your source or at least a news article reference. What you mean you can't...That's what I thought another WJ employee trying to divert attention away from the issue..
/quote]
Really please post your source or at least a news article reference. What you mean you can't...That's what I thought another WJ employee trying to divert attention away from the issue..
Really please post your source or at least a news article reference. What you mean you can't...That's what I thought another WJ employee trying to divert attention away from the issue..
Actually, I can. Care to retract that post.......
http://www.osc.gov.on.ca/Enforcement/Pr ... canada.jsp
b) The Disclosure
6. On October 5, 2000, five days following the end of Air Canada's third quarter, Air Canada informed thirteen analysts covering Air Canada (the "Analysts") of information pertaining to Air Canada's earnings for its third and fourth quarters (the "Earnings Information"). The Earnings Information included, among other things, advice by Air Canada:
(i) that its earnings per share for the third quarter of the year 2000 would be $0.55 to $0.60 less than its original guidance to analysts of $1.10 to $1.15, and, therefore, an indication by Air Canada that its third quarter earnings per share would be $0.50 to $0.60; and
(ii) that, in respect of the second half of the year 2000, its earnings per share would be $0.52 to $0.59 less than previously anticipated, plus the negative impact of increased fuel costs which would amount to an additional downward adjustment of $0.42 per share.
7. The decision to inform the Analysts of the Earnings Information was made by Michael Robert Peterson ("Peterson"), who was, at all material times, Executive Vice President and Chief Financial Officer of Air Canada.
8. The actual disclosure of the Earnings Information was performed by Valerie Anne Peck ("Peck"), who was, at all material times, Director of Investor Relations of Air Canada and reported directly to Peterson.
9. Commencing at 6:40 p.m. on October 5, 2000, Peck recited the Earnings Information from a prepared script (the "Script") into the telephone voice mail system of each of the Analysts. The Script was prepared by Peterson and Peck. The text of the Script is reproduced in Schedule "B" attached hereto.
10. Air Canada's Public Disclosure Policy was in force at the time Air Canada disclosed the Earnings Information to the Analysts.
11. The disclosure by Air Canada to the Analysts of the Earnings Information was made after the close of the TSE's October 5, 2000 trading session.
12. The opening price for the Shares on October 6, 2000 was $14.00, one dollar less than the previous day's closing price of $15.00. The lowest price at which the Shares traded on October 6, 2000 on the TSE was $12.85, a decrease of $2.15 or 14% from the closing price on October 5, 2000. The closing price on October 6, 2000 of the Shares was $13.25, or a 12% decrease from the closing price on October 5, 2000 (and a 5.4% decrease from the opening price of $14.00 on October 6, 2000). The day-over-day change in the closing price of the Shares measured as at the close of the October 6, 2000 trading session of the TSE, constituted a significant decrease in the market price or value of the Shares.
13. At or around the commencement of the October 6, 2000 trading session, market surveillance staff of the TSE observed a significant price decline of the Shares and observed a media account indicating that Air Canada guided analysts expectations downward. At 9:41 a.m. TSE Staff contacted Air Canada to discuss the trading activity and make inquiries into the veracity of the media account.
14. On October 6, 2000 at 3:57 p.m., Air Canada issued a press release ("Air Canada's Press Release") which expressed disappointment in the fall in share price during the October 6 trading session of the TSE. Air Canada's Press Release stated that Air Canada expected that certain charges would be taken in the third quarter including those related to integration and passenger service costs relating to the acquisition of Canadian Airlines, labour costs related to the settlement with Air Canada's pilots, the effect of fuel price increases, and the impact of the threat of a pilot strike. Air Canada stated that this information was reviewed with analysts on October 5 and 6. The text of Air Canada's Press Release is reproduced in Schedule "C" attached hereto.
15. Air Canada's Press Release did not disclose the same information that Air Canada disclosed to the Analysts the previous evening. In particular, Air Canada's Press Release failed to disclose Air Canada's assessment of the quantitative impact that certain factors would bear on Air Canada's earnings per share in the third quarter and second half of the year 2000.
16. The disclosure of the Earnings Information by Air Canada to the Analysts occurred during Air Canada's defined 'quiet period' and was not in accordance with Air Canada's Public Disclosure Policy.
One of the two nice ladies is my neighbor, and she'd have nothing to do with you.Blastor wrote:Good 'ol Westjetters. Don't you hate it when the bubble burst?
I'll bet a case of your favorite beer that WS will loose the lawsuit.
You can drop off my prize at the WS HQ , front desk with the 2 nice ladies.
