Any new news from Cargojet?

asdfasd · Post by **asdfasd** » Fri Jun 09, 2006 5:09 pm

Still ticking along strong?

bigcanuck · Post by **bigcanuck** » Fri Jun 09, 2006 7:56 pm

Tick, tick, BOOM.

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bigcanuck · Post by **bigcanuck** » Fri Jun 09, 2006 7:57 pm

Tick, tick, BOOM.

.

aero-singidunum · Post by **aero-singidunum** » Mon Jun 12, 2006 1:25 pm

tic tac tic tac tic tac

we are just fine bro

Anjo · Post by **Anjo** » Mon Jun 12, 2006 2:59 pm

Really... Hmmm.. All depends on what you think fine is... Ask the guys on the line if they think all is "fine" and stand back.

stargojit · Post by **stargojit** » Mon Jun 12, 2006 9:21 pm

Anjo wrote: Really... Hmmm.. All depends on what you think fine is... Ask the guys on the line if they think all is "fine" and stand back.

hey anjo, do u work at the upper management of the company? Because if you do, I might start sending resumes around?

Mike · Post by **Mike** » Mon Jun 12, 2006 11:49 pm

Was that a threat or do you know something? We all know that most of the line is trying to jump ship fast.

hind sight · Post by **hind sight** » Tue Jun 13, 2006 4:15 am

What is going on there?
Things seemed to be going fine a while ago. I heard they lost one run.
So why is everyone jumping? Does not make sense.

Captain P. Nile · Post by **Captain P. Nile** » Tue Jun 13, 2006 7:15 am

The reason they are jumping ship is due to lack of repect. Summer is here and so is 18-20 days a month. No overtime, fatigue, and a general sense anger. Why management is so slow to figure out the basics is beyond understanding. Vermani does not care, he has made his millions. Watch and see where this goes. It has happened before, and times are changing. Pilots have options. Time for change.

Anjo · Post by **Anjo** » Tue Jun 13, 2006 7:42 am

Exactly Cpt. You got that very correct... Bad time to be poking the guys with a stick when they can easily leave your airplanes parked after running too lean.

Pratt X 3 · Post by **Pratt X 3** » Tue Jun 13, 2006 1:44 pm

What is going on there?
Things seemed to be going fine a while ago. I heard they lost one run.
So why is everyone jumping? Does not make sense.

Actually, they lost one run but gained two. So although my math is kinda of rusty, I come up with a gain of one run overall. But the hockey flying Starjet was doing stopped (and I guess the baseball flying doesn't count) so maybe that was another run they lost. But I could never understand this new math thing.

I think the reason why most of the guys are angry is that management promised to increase the number of crews to reduce the number of days working/away. Then as soon as a convienent excuse came along (the supposed loss of flying), they take it back and then can't figure out why people are leaving as soon as they can.

stargojit · Post by **stargojit** » Tue Jun 13, 2006 10:24 pm

I talked to some crews, and they said, this is the best time to jump around, when everyone is hiring which is true especially maintenance, I don't know about the other guys. And I hope someone would tell me what is really going on!! Time to wear another parka??

aero-singidunum · Post by **aero-singidunum** » Mon Jun 26, 2006 10:52 pm

No, it is no time for another parka.
Pilots (not all, most of r/h dudes and 1-2 Captains) went to Jazz, only God knows why. If they are not flying a lot of hours they complain, when they fly a lot of hours, they complain more....They have very good pay, but also some of them very good options.
Maybe not paying O/T in 1 and 2nd Q makes Maintenance looking and doing some contract work in YYZ, but nothing major is going on. Planes flying every night, money gets in, dividens are paid (last was 10% on each $)....
Owner/President buys 3.5 mil shares....what is wrong, he invest his money in Company.
Not sure what Pratt3X thinks with "lost 2 runs".
Menlo flights stopped due to UPS purchase of the Menlo. That freight will be on UPS planes, and if was freight for Canada will be on CJ planes in YHM.

PREP · Post by **PREP** » Tue Jun 27, 2006 6:52 am

Nothing worse than people speaking on behalf of a group of others that they aren't part of. If it even matters, guys have left for Cathay, Jazz, Air Canada, HMY, corporate oil jobs, medivac, Westjet, and quit aviation in general. Things are finally good for job options. It will suck again soon enough we're sure, but let's have fun while it lasts.
Aero-singleguy, be careful which other operators you slam as these places have some pleasant things like seniority recognition that allows bidding rights for the best schedules, a pension, travel discounts, new generation a/c, etc. Cargojet is a fine young company that simply doesn't have many of these things as of yet, but don't slag the guys who have a clue what they want after working nights and flying in the north for years.
Most importantly, watch your opinions about pilots complaining, as you are contributing to the cancer that is killing this once fun industry. We can all blast off stories about maintenance trying to kill pilots or flight attendants who whine the paint off of the aircraft, but that would be tacky.

Fred Flinstone · Post by **Fred Flinstone** » Tue Jun 27, 2006 10:44 am

I must say that was well said! It sounds to me that aero-idiot seems like he's new to this, don't you say blonde! It's okay for you to do contract maintenance and better yourselve with experience and $$$. Whats wrong with a guy trying to find a job where he can retire? Night freight forever, yeah right! Maybe if it paid better. When it came to layoffs CJ owner did not waste a minute in letting go flight crew or when UPS almost went on strike they immediately layed off the ground crew.Loyal to the $$$ No one knows where the money goes. Yes there are some needy pilots there I can agrre. But that tone sure don't help the cause.

Pratt X 3 · Post by **Pratt X 3** » Wed Jun 28, 2006 12:43 am

aero-singidunum sez:

Not sure what Pratt3X thinks with "lost 2 runs". Menlo flights stopped due to UPS purchase of the Menlo. That freight will be on UPS planes, and if was freight for Canada will be on CJ planes in YHM.

I believe that I said only one run was lost. Yes, it was the Menlo run (YMX-DAY-YMX) and yes, it was due to the purchase of Menlo by UPS and the shutdown of the Dayton sort facility. But if you think that the loads/revenue will stay the same, you are not thinking clearly. UPS flies into most of the major Canadian cities from the US. The majority of the freight is destined for the city it arrives in. Cargojet may carry some of it to the smaller markets but it won't replace the revenue that the ACMI deal brought in.

As for the owner/president buying shares, he is just trying to make them look attractive to potential investors, hence the press release and hope the price goes up. Buy low, sell high. Not too risky especially when he is just transfering money from one account to the other.

Good posts by PREP and Fred.

acsux · Post by **acsux** » Fri Jun 30, 2006 5:25 pm

[

Its all good.

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acsux · Post by **acsux** » Fri Jun 30, 2006 5:25 pm

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Its all good.

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Stan Kehoe · Post by **Stan Kehoe** » Fri Jun 30, 2006 5:48 pm

I know people from both maintenance and the pilot group. If they feel they must leave to better themselves than that's great. But as usual in this industry the grass is greener on the other side. I can say from where I stand Cargojet looks like an OK option. I won't speak for the pilots but as an AME I am in NO RUSH to go to the likes of JAZZ. Nothing against the AME's there, I just think the company mentality is getting too close to NationAir, Royal and Jetsgo. I personally know at those company's, the AME's were not the problem it was the upper management that caused it to be the way it was.

Maybe CJ is the same in many ways, I don't know. But what I do know is aviation in Canada has been slowly getting worse in the last 20 years. I think every company has some (or all) of the issues I hear people talking about here. Hope you all get what you want no matter where you end up working!!!

asdfasd · Post by **asdfasd** » Fri Jun 30, 2006 7:25 pm

The grass isn’t always greener, but I can say, I know Cargojet (through friends) and I know KFC , KFC is a much much better place but we sill loose guys to AC, Westjet and Harmony and just about everywhere else except Canjet and Cargojet.

Must be something about companies with Jet in their names that our pilots don’t like.

aero-singidunum · Post by **aero-singidunum** » Sun Jul 02, 2006 5:14 pm

PREP wrote:Nothing worse than people speaking on behalf of a group of others that they aren't part of. If it even matters, guys have left for Cathay, Jazz, Air Canada, HMY, corporate oil jobs, medivac, Westjet, and quit aviation in general. Things are finally good for job options. It will suck again soon enough we're sure, but let's have fun while it lasts.
Aero-singleguy, be careful which other operators you slam as these places have some pleasant things like seniority recognition that allows bidding rights for the best schedules, a pension, travel discounts, new generation a/c, etc. Cargojet is a fine young company that simply doesn't have many of these things as of yet, but don't slag the guys who have a clue what they want after working nights and flying in the north for years.
Most importantly, watch your opinions about pilots complaining, as you are contributing to the cancer that is killing this once fun industry. We can all blast off stories about maintenance trying to kill pilots or flight attendants who whine the paint off of the aircraft, but that would be tacky.

From the guy who has so many posts, i will listen. And i am not a single guy, ignorance will tell that you are a pilot. I know for sure that 1 Captain and 2 F/O went to Jazz. No harm to anyone, they choose what they think is good for them. I am keeping my eyes open, i do have a nice parks collection. Hope that will not getting more of them.
Regards PREP.

stargojit · Post by **stargojit** » Thu Jul 20, 2006 8:39 pm

As of today, havent heard anything! But there is only one question in my head, "When is Cargojet's stock unit price stop from falling down like there is no tomorrow? I hope it recovers soon!

natureboy · Post by **natureboy** » Fri Aug 04, 2006 8:45 pm

If anyone failed to notice UPS is building quite a sorting facility with a ramp in YYZ next to Fedex to be finish before Christmas. How long after till UPS pulls out of Hamilton and dumps Cargojet for the riches of T.O. and KFC. Someone up top knows this is coming and is staying pretty quiet. Somewhere John and Murry are laughing their heads off.

fmrc3ame · Post by **fmrc3ame** » Sun Aug 06, 2006 6:10 am

The only problem with that is the YYZ Curfew besides Cargojet is flying out of YYZ too! Seems like someone is trying to stir the pot on this one and should get more facts.

Stan Kehoe · Post by **Stan Kehoe** » Mon Aug 07, 2006 8:18 am

I agree with Fmrc3ame. Not only is there a problem with curfew, the landing fees in YYZ are way too high. You are going to see some cargo airlines move there flying ops out of YYZ at the rate it's going. The reason behind UPS's growth in YYZ is because of the end of Menlo. They have to handle the volume some how. UPS SCS and UPS offer different levels of service.

As far as "John and Murray laughing their heads off". It's not at Cargojet, it's at how they managed to close ACE Limited and create ACE Inc. Minimal debt, all of the equipment, no personal financial liability to the owners!!! Don't think for a minute they were concerned about saving unionized pilots jobs. They weren't fighting to keep the airline going, they were fighting to keep their nest egg!!

Any new news from Cargojet?

Any new news from Cargojet?

juming ship