7600......Just another canuck wrote: ↑Sat Feb 20, 2021 5:02 pm I've paid very little attention over the past months. Working elsewhere so I'm good. I didn't want the merger. Transat was a better place to work. Period. But the writing was on the wall so I did want the merger for job security. Nothing else. If it happens, it happens. If not, so be it. But if it does, I'll spend the next 30 years laughing my way into the cockpit telling every AC guy how much better Transat was and how I'd rather still be there just to watch your big red heads explode.I wonder how long I could get away with a blue star on my flight bag?
AC and TRZ Agree to Terminate Arrangement
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tailgunner
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Re: AC/TRZ Transaction Approved by TC - $5 per Share
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simply_no_one
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Re: AC and TRZ Agree to Terminate Arrangement
Government intervention on the way! No way Quebec will let transat fail, or would they?
Re: AC and TRZ Agree to Terminate Arrangement
Good luck guys.
Hopefully we see an industry aid package soon and PKP gets his act together and follows through on his offers to steady the TS course forward.
Hopefully we see an industry aid package soon and PKP gets his act together and follows through on his offers to steady the TS course forward.
Re: AC/TRZ Transaction Approved by TC - $5 per Share
There you go. As I said this was far from sealed. Seemed AC was tired of the government inaction and has decided to hand the feds the bag (no offense to TRZ).
This likely means a bailout is not coming for airlines.
Re: AC/TRZ Transaction Approved by TC - $5 per Share
Did you read the two corporate press releases?
The EU would not agree to terms acceptable to AC.
This has nothing to do with the Feds.
Re: AC/TRZ Transaction Approved by TC - $5 per Share
Yes but I can say that’s the official excuse. Probably more behind the scenes talk that didn’t go too well.
Re: AC and TRZ Agree to Terminate Arrangement
As I've repeated before, the EU was NEVER going to approve this deal. They have spent billions to bail out their own airlines and there is no way in hell that they would allow two airlines in Canada to merge, thus creating a monopoly on a series of city pairs that would hurt the very own European airlines that they had just bailed out.
