Brick Head wrote:Localizer wrote:
Whats left on the other end? All employees holding an empty bag, and creditors getting ready to steal your first born as collateral. How do we prevent this?
Localizer,
You can't envision the future if you don't stop staring in the rear view mirror.
It is already gone. That game has already been played. Nothing left to play it again. Your harping on yesterdays tune. The creditors were at the door step 16 months ago.
Calin's money is attached to the only horse left. The stock price. The only way it goes up is viability. I hope he makes a tonne of money.
Have you noticed what has happened to the stock price since AC stated it was going to use future cash flow to pay down debt? Holly crap man, is what happened. Someone is planning past next week, in order to make a buck? What a concept.
Does he need engaged employees, working with him, to make that happen? Yes he does.
I am not saying we should just blindly trust Calin. What I am saying is that his track record to date, since returning can not be ignored.
Do we want sustainability or not?
We are part of that equation. Just ask WJ.
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And maybe you guys are just doing well which is good for everyone....
Revitalized Air Canada is now analysts' top pick
Monday, Nov. 01, 2010 - Financial Post
Scott Deveau
As global airlines continue their recovery out of the depths of the recession, the roles of Air Canada and its smaller domestic rival, WestJet Airlines Ltd., appear to have reversed over the past 12 months as both airlines prepare to release their third-quarter earnings later this week.
Air Canada, which a little more than a year ago was fighting off a bankruptcy, has miraculously managed to become the Street's favoured pick ahead of its earnings Thursday. Meanwhile, concern has arisen about the aggressive expansion plans of WestJet with the growth in demand for air travel within Canada remaining somewhat tepid.
"We do not expect WestJet's shares to appreciate significantly until the economic outlook improves or the airline scales back its fleet plan," said Steve Hansen, Raymond James analyst, in a recent note to clients.
"We believe that management may be considering the latter option, but do not expect any imminent action due to the complexities of making such adjustments. In the meantime (i.e. short-term), we are concerned that pending [third quarter] may disappoint."
Air Canada, on the other hand, has said it expects to grow its overall capacity this year by up 7.5%, but only by about 1% in the domestic market due to weaker demand.