Oh oh,
Chorus Aviation Inc., aka "Jazz" today announced that it is revising its total annual billable block hour guidance of 390,000 to 400,000 block hours, to between 385,000 and 395,000 block hours for the calendar year 2011 as a result of Air Canada's adjusted capacity outlook announced yesterday.
It seems to me that a point exists where if fuel cost goes up and you pass on the cost to customers, they are no longer as willing to travel.
Billable block hour guidance reduction
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Re: Billable block hour guidance reduction
Go watch a cartoon or something
Re: Billable block hour guidance reduction
If I'm not mistaken there are more reductions at mainline than Jazz in terms of hours flown.
https://eresonatemedia.com/
https://bambaits.ca/
https://youtube.com/channel/UCWit8N8YCJSvSaiSw5EWWeQ
https://bambaits.ca/
https://youtube.com/channel/UCWit8N8YCJSvSaiSw5EWWeQ
Re: Billable block hour guidance reduction
Air Canada today announced a reduction in its previously communicated plans for 2011 system capacity growth in light of sustained high fuel costs.
On February 10, 2011 Air Canada provided guidance that its 2011 system wide capacity growth would be in the 5.5% to 6.5% range versus 2010
Teacher, get a clue. You should be more up to speed with this stuff since Air Canada pretty much pays your salary(overpriced CPA). AC is STILL showing growth for 2011, whereas Jazz will get a reduction. Once SR is up and running, expect this trend to continue for years to come.
On February 10, 2011 Air Canada provided guidance that its 2011 system wide capacity growth would be in the 5.5% to 6.5% range versus 2010
Teacher, get a clue. You should be more up to speed with this stuff since Air Canada pretty much pays your salary(overpriced CPA). AC is STILL showing growth for 2011, whereas Jazz will get a reduction. Once SR is up and running, expect this trend to continue for years to come.
Re: Billable block hour guidance reduction
Who let the Troll out of its cage again?
Re: Billable block hour guidance reduction
Amen!!Localizer wrote:
Who let the Troll out of its cage again?
Re: Billable block hour guidance reduction
.
Last edited by RFN on Sat Oct 22, 2011 8:41 am, edited 1 time in total.
Re: Billable block hour guidance reduction
Wow 6 posts, you're a starROCK wrote:Air Canada today announced a reduction in its previously communicated plans for 2011 system capacity growth in light of sustained high fuel costs.
On February 10, 2011 Air Canada provided guidance that its 2011 system wide capacity growth would be in the 5.5% to 6.5% range versus 2010
Teacher, get a clue. You should be more up to speed with this stuff since Air Canada pretty much pays your salary(overpriced CPA). AC is STILL showing growth for 2011, whereas Jazz will get a reduction. Once SR is up and running, expect this trend to continue for years to come.
Yes, I'm laughing at you. Seriously, what the frak is it with people on AvCanada all sensitive these days. Do I have to spell out everything for you morons. FINE!!
There seems to be more of a reduction in the expansion at mainline than Jazz.
https://eresonatemedia.com/
https://bambaits.ca/
https://youtube.com/channel/UCWit8N8YCJSvSaiSw5EWWeQ
https://bambaits.ca/
https://youtube.com/channel/UCWit8N8YCJSvSaiSw5EWWeQ
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Brick Head
- Rank 8
- Posts: 882
- Joined: Fri Jul 22, 2005 4:37 pm
Re: Billable block hour guidance reduction
Um,
400,000 divided by 395,000 = 1%
Looks pretty even to me.
But your all missing the point.
The Trans boarder Joint venture between UA/CO/AC, announced last fall will come into effect sometime in 2011. It was supposed to be early 2011. Since it hasn't already been announced I assume it will be the fall sked. Nevertheless AC/CO/UA have been sitting around a table since last fall discussing what assets to use on the TBJV (AC/CO/UA/JAZZ/Express jet/Colgan ect. ect.)
If you don't know what a JV is? Simply put it is revenue sharing. A virtual merge.
If a route was marginal and it was clear AC would no longer be operating the route when the TBJV was introduced, why would you keep operating it?
This is only the start of the realignment.
Aviation
A comprehensive revenue-sharing joint venture
United Airlines and Air Canada to form transborder joint venture
Tuesday, October 12, 2010
Air Canada and United Continental Holdings, Inc. announced that the airlines have concluded a Memorandum of Understanding setting out the principles for a comprehensive revenue-sharing joint venture that would provide for an enhanced partnership on United States-Canada transborder flights, and generate substantial service and pricing benefits for consumers traveling between the two countries. On October 1, 2010, United Continental Holdings, Inc. announced the closing of the merger of United Air Lines and Continental Airlines, combining the carriers' global networks to create the world's leading airline which will operate under the name United Airlines.
"Working cooperatively with our partner Air Canada, we can create a more streamlined travel experience for customers traveling between the United States and Canada, providing more travel options and benefits while reducing travel times," said Jeff Smisek, United Airlines president and chief executive officer.
"This joint venture between United Airlines and Air Canada will provide many benefits and revenue synergies on this important market allowing us to compete more effectively," said Calin Rovinescu, Air Canada's president and chief executive officer. "As founding members of Star Alliance, Air Canada and United have benefited from a close relationship, as have our customers through a simplified travel experience and loyalty rewards. By managing pricing, scheduling and sales through a stronger joint venture, the carriers will be better able to serve customers by offering more travel options."
The Canada-U.S. market is one of the largest air transportation markets in the world. Air Canada's transborder network to 59 U.S. cities will be strengthened by United's presence in 210 U.S. airports. Similarly, United's transborder network to 16 Canadian cities will be strengthened by Air Canada's network serving 59 communities across Canada.
The joint venture is expected to come into effect in early 2011, subject to Air Canada and United Airlines making the necessary filings, obtaining regulatory approvals and finalizing documentation. The
carriers already benefit from anti-trust immunity granted by the U.S. Department of Transportation (DOT).
400,000 divided by 395,000 = 1%
Looks pretty even to me.
But your all missing the point.
The Trans boarder Joint venture between UA/CO/AC, announced last fall will come into effect sometime in 2011. It was supposed to be early 2011. Since it hasn't already been announced I assume it will be the fall sked. Nevertheless AC/CO/UA have been sitting around a table since last fall discussing what assets to use on the TBJV (AC/CO/UA/JAZZ/Express jet/Colgan ect. ect.)
If you don't know what a JV is? Simply put it is revenue sharing. A virtual merge.
If a route was marginal and it was clear AC would no longer be operating the route when the TBJV was introduced, why would you keep operating it?
This is only the start of the realignment.
Aviation
A comprehensive revenue-sharing joint venture
United Airlines and Air Canada to form transborder joint venture
Tuesday, October 12, 2010
Air Canada and United Continental Holdings, Inc. announced that the airlines have concluded a Memorandum of Understanding setting out the principles for a comprehensive revenue-sharing joint venture that would provide for an enhanced partnership on United States-Canada transborder flights, and generate substantial service and pricing benefits for consumers traveling between the two countries. On October 1, 2010, United Continental Holdings, Inc. announced the closing of the merger of United Air Lines and Continental Airlines, combining the carriers' global networks to create the world's leading airline which will operate under the name United Airlines.
"Working cooperatively with our partner Air Canada, we can create a more streamlined travel experience for customers traveling between the United States and Canada, providing more travel options and benefits while reducing travel times," said Jeff Smisek, United Airlines president and chief executive officer.
"This joint venture between United Airlines and Air Canada will provide many benefits and revenue synergies on this important market allowing us to compete more effectively," said Calin Rovinescu, Air Canada's president and chief executive officer. "As founding members of Star Alliance, Air Canada and United have benefited from a close relationship, as have our customers through a simplified travel experience and loyalty rewards. By managing pricing, scheduling and sales through a stronger joint venture, the carriers will be better able to serve customers by offering more travel options."
The Canada-U.S. market is one of the largest air transportation markets in the world. Air Canada's transborder network to 59 U.S. cities will be strengthened by United's presence in 210 U.S. airports. Similarly, United's transborder network to 16 Canadian cities will be strengthened by Air Canada's network serving 59 communities across Canada.
The joint venture is expected to come into effect in early 2011, subject to Air Canada and United Airlines making the necessary filings, obtaining regulatory approvals and finalizing documentation. The
carriers already benefit from anti-trust immunity granted by the U.S. Department of Transportation (DOT).
Re: Billable block hour guidance reduction
Not to start a pissing match but this can be troubling for both mainline and Jazz. Lotsa US regionals fly larger aircraft that woul fit nicely into replacing transborder routes currently operated by AC.
https://eresonatemedia.com/
https://bambaits.ca/
https://youtube.com/channel/UCWit8N8YCJSvSaiSw5EWWeQ
https://bambaits.ca/
https://youtube.com/channel/UCWit8N8YCJSvSaiSw5EWWeQ
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Brick Head
- Rank 8
- Posts: 882
- Joined: Fri Jul 22, 2005 4:37 pm
Re: Billable block hour guidance reduction
Trust me the point is well taken. There will be a very hard look at the new scope language when the TA is presented.teacher wrote:Not to start a pissing match but this can be troubling for both mainline and Jazz. Lotsa US regionals fly larger aircraft that woul fit nicely into replacing transborder routes currently operated by AC.
We are being told it has been dealt with.
One thing to keep in mind is as always, motivation. The more ASM's AC contributes to the TBJV the greater the percentage of the overall revenue AC will get. If you don't contribute you don't get anything. Of course the contribution each carrier will push for, is the contribution that allows for the largest margin, on the revenue sharing they will see.
Re: Billable block hour guidance reduction
Soooo ... we should work for free, just to say we have a job?
