WestJet CFO leaving
Moderators: sky's the limit, sepia, Sulako, lilfssister, North Shore, I WAS Birddog
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Canus Chinookus
- Rank 7
- Posts: 707
- Joined: Thu Oct 21, 2004 6:30 pm
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Machiavelli
- Rank 4
- Posts: 201
- Joined: Mon Apr 04, 2005 2:53 pm
Hmm you folks still don’t get it the old aviation business model is broken probably never to return. The key to success in the new business model is to keep your costs down and to diversify. The money to be made in aviation will be in how well you diversify your product.
Funny how WJ is now trying to emanate AC by copying AC’s ideas. Did you every notice that AC never throws rocks at WJ but on every occasion WJ, from Clive down, throws rocks at AC. Why is that?
Funny how WJ is now trying to emanate AC by copying AC’s ideas. Did you every notice that AC never throws rocks at WJ but on every occasion WJ, from Clive down, throws rocks at AC. Why is that?
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tonysoprano
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm
Usually I don't like to prolong the nonesense of some of these threads but it's obviouse WJetters don't understand the value of turning assets into cash. Machiavelli sure lives up to his name. No need to burn anything pal. Management made a wise investment in the past and turned it into a nice little nestegg. Your British cowboy leader will probably do the same someday so don't put it down. With the rising cost of fuel, this was a very wise decision. Income at AC can come from many different sources. I would call that an advantage. As for losing money in the first quarter, that's no insult or rarity. The year-end results are the only ones that matter.
Curious to know what the "old aviation business model" is and how it differs from ACE's current business plan?Hmm you folks still don’t get it the old aviation business model is broken probably never to return. The key to success in the new business model is to keep your costs down and to diversify. The money to be made in aviation will be in how well you diversify your product.
Whatever.Funny how WJ is now trying to emanate AC by copying AC’s ideas. Did you every notice that AC never throws rocks at WJ but on every occasion WJ, from Clive down, throws rocks at AC. Why is that?
Air Canada spent years (and hundreds of millions or billions) trying to emanate Westjet. Remember Tango? Zip? To remain competitive, Air Canada had no other choice. Air Canada has some good idea's such as its fare structure (Tango/T+/Latitude/L+), and I'm all for "emanating" certain parts of ACE's business.-
tonysoprano
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm
CanadaEh.
Tango is still around. AC has kept the Tango fares in place but elimanated that "low cost" look on our aircraft. Zip proved to be a waist of time. Many of us already knew that the low cost euphoria was not entirely for us but it was Milton's wish. Milton "borrowed" much from the low cost model, not only because WJ had it right but because the world of travel has changed. What AC is today is a flag carrier that has led the way in redifining what a flag carrier has to be. If you get a chance to read the latest Air Transport World magazine you will see what I mean. There is a lengthy and positive article about what AC has become. I know it may be difficult for you accept such good news about AC but it really sheds light on many things. Our two philosophies have much in common but we are still worlds apart in what we do. There's nothing wrong with that. It would be like comparing Home Hardware to Home Depot. Not really a fair comparison. And anyway, both models will be around for a long time and will change to adapt fom time to time.
Tango is still around. AC has kept the Tango fares in place but elimanated that "low cost" look on our aircraft. Zip proved to be a waist of time. Many of us already knew that the low cost euphoria was not entirely for us but it was Milton's wish. Milton "borrowed" much from the low cost model, not only because WJ had it right but because the world of travel has changed. What AC is today is a flag carrier that has led the way in redifining what a flag carrier has to be. If you get a chance to read the latest Air Transport World magazine you will see what I mean. There is a lengthy and positive article about what AC has become. I know it may be difficult for you accept such good news about AC but it really sheds light on many things. Our two philosophies have much in common but we are still worlds apart in what we do. There's nothing wrong with that. It would be like comparing Home Hardware to Home Depot. Not really a fair comparison. And anyway, both models will be around for a long time and will change to adapt fom time to time.
Why can't we all just be friends -
tonysoprano
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm
I'm sorry tony but I don't buy into the notion that Tango was a success (if that's what you're getting at?) simply because it evolved from an airline into a fare class. That's one hell of a costly experiment to form an airline-within-an-airline simply to make it a fare class a year later. It's a convenient excuse but weak, in my opinion.Tango is still around. AC has kept the Tango fares in place but elimanated that "low cost" look on our aircraft. Zip proved to be a waist of time. Many of us already knew that the low cost euphoria was not entirely for us but it was Milton's wish. Milton "borrowed" much from the low cost model, not only because WJ had it right but because the world of travel has changed.
What AC is today is a flag carrier that has led the way in redifining what a flag carrier has to be. If you get a chance to read the latest Air Transport World magazine you will see what I mean. There is a lengthy and positive article about what AC has become. I know it may be difficult for you accept such good news about AC but it really sheds light on many things. Our two philosophies have much in common but we are still worlds apart in what we do. There's nothing wrong with that. It would be like comparing Home Hardware to Home Depot. Not really a fair comparison. And anyway, both models will be around for a long time and will change to adapt fom time to time.
It's not difficult to accept.
Air Canada has done well to restructure itself and shed a lot of dead weight but I'm not entirely convinced that it has a business plan that it's going to stick to. The same can be said of Westjet but at this point in time we'll just sit back and hope we all make money in what appears to be a strong year ahead.-
tonysoprano
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm
Eh.
Tango fares are the most popular fare deals by AC. I'd say the majority of our economy class pax are on Tango fares. It was an expensive experiment because Milton decided at the time to have dedicated aircraft painted and turned it into it's own little low cost airline. All he really had to do was change the fare structure. Zip was another experiment gone badly wrong. The pilot group told him that before he even started it. But in the end it kept many people employed so I guess I shouldn't put it down. Anyway, AC's cost structure has changed for the better and will stay that way for a very long time. It is one of the few flag carriers that has managed to do so. That's what you will see in the future. On the down side, for us pilots, it means we shouldn't expect big increases in pay and cushy contracts from this point on. Strikes won't mean much anymore. Change always brings about some pain. Still a pretty good gig though.
Tango fares are the most popular fare deals by AC. I'd say the majority of our economy class pax are on Tango fares. It was an expensive experiment because Milton decided at the time to have dedicated aircraft painted and turned it into it's own little low cost airline. All he really had to do was change the fare structure. Zip was another experiment gone badly wrong. The pilot group told him that before he even started it. But in the end it kept many people employed so I guess I shouldn't put it down. Anyway, AC's cost structure has changed for the better and will stay that way for a very long time. It is one of the few flag carriers that has managed to do so. That's what you will see in the future. On the down side, for us pilots, it means we shouldn't expect big increases in pay and cushy contracts from this point on. Strikes won't mean much anymore. Change always brings about some pain. Still a pretty good gig though.
Record First Quarter Profit 2006
Record First Quarter Profit 2006
Congratulations. And this is no surprise to me, as I've been saying all along.
"I am very pleased to be able to report that our quarterly results for the first three months of 2006 mark the most successful first quarter in our history." - Clive
Now would the geniuses who keep forecasting how westjet is gonna fall apart, shut the f^ck up!
...Oh, I already know what you're gonna say. 'It's only one quarter. It's only the first of the year.' I guarantee this will continue at least for this year.
Congratulations. And this is no surprise to me, as I've been saying all along.
"I am very pleased to be able to report that our quarterly results for the first three months of 2006 mark the most successful first quarter in our history." - Clive
Now would the geniuses who keep forecasting how westjet is gonna fall apart, shut the f^ck up!
...Oh, I already know what you're gonna say. 'It's only one quarter. It's only the first of the year.' I guarantee this will continue at least for this year.
