Search found 355 matches

by FL320
Wed Oct 21, 2020 5:22 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

What is the wording on the percentage of Transat flying conducted by Air Transat in your scope? As was pointed out also, a not insignificant part of Transat AT flying was done by other airlines, not Air Transat... Westjet, Canjet, German wet leases, TFWs, etc... how does that work? I'm also curious...
by FL320
Sun Oct 18, 2020 4:11 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

We got a memo from the union about it; and all domestic flights suddenly showed 0 pax in our system although they were showing 75% full. No more info.
by FL320
Sun Oct 18, 2020 1:15 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

I don't see an attitude that thinks they're better, I see an attitude that doesn't acknowledge a reasonably good deal for them at the cost of the other guys. Just curious: You -as B737max pilot- do you acknowledge a reasonably good deal at the cost of the other guys -your junior colleagues on other...
by FL320
Sat Oct 17, 2020 7:28 am
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

I know it will please some of you here but my thoughts are for our colleagues (pilots) that are about to lose their job -again!- before Christmas; thanks to Air Canada (my own conclusion). Our domestic flights were more than 75% full...how can AT justify the removal of the domestic flying if it’s no...
by FL320
Thu Oct 15, 2020 2:36 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

Did any AC pilots get the Coles notes with what Calin said . I have them but I'm not posting the screen shot. I'll start by saying it was very specific its not the same as Canadian and AC merging because an acquisition is a takeover. Arirelle said "it's an ACQUISITION." He outlined Quote 1. " time ...
by FL320
Wed Oct 14, 2020 7:59 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

If you dont think time spent in the regional market, be it Jazz, sky or Georgian won't have a certain weight in the artibrator's decision, you are out to lunch. Time in the regional effects almost 2 000 pilots at AC. Great so all the years I spent at Jazz (like MANY Transat pilots) will be a benefi...
by FL320
Wed Oct 14, 2020 2:15 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

dhc2pilot wrote: Wed Oct 14, 2020 12:40 pm From Calin today during town hall on Air Transat acquisition.... "Our agreement with Transat protects our employees by requiring them to shrink their workforce in the same way we have reduced ours..."
Fair and understandable.
by FL320
Tue Oct 13, 2020 4:05 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share

https://financialpost.com/pmn/business-pmn/top-shareholder-in-air-canada-transat-calls-revised-buyout-offer-reasonable The biggest shareholder in Air Canada and Transat A.T. Inc said on Tuesday that AC’s revised offer for the Canadian tour operator was “a very reasonable one,” given the turmoil in ...
by FL320
Tue Oct 13, 2020 9:50 am
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Yeah the lay-off situation is going to make this one a mess! The bottom AC pilots might be YEARS from getting called back if the AT pilots integrate into the list. Gonna be interesting. On a side note: no pilot is laid off at Transat as we speak, although more than 2/3 are inactive at the moment th...
by FL320
Mon Oct 12, 2020 7:38 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Yeah the lay-off situation is going to make this one a mess! The bottom AC pilots might be YEARS from getting called back if the AT pilots integrate into the list. Gonna be interesting. On a side note: no pilot is laid off at Transat as we speak, although more than 2/3 are inactive at the moment th...
by FL320
Mon Oct 12, 2020 2:00 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Many of our colleagues have good friends or family members also working as pilots at Air Canada. I have not met so far anyone who feels entitled to a specific seat or seniority number at Air Canada. Nobody want to steal your job; many are very afraid of the outcome without OR WITH the AC purchase. O...
by FL320
Mon Oct 12, 2020 11:39 am
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

Forget Groupe Mach...they’re losing tons of money with the non renewal of rents downtown Montreal.
Eustache wants to sell to AC only and; AC want Transat.
by FL320
Sat Oct 10, 2020 4:57 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

The deal isn't done yet. It's only an amended price per share which will need to be approved by the shareholders. You are correct. However if you look at the current economic climate and what the options are; 1) Potential risk of losing everything, or 2) Take a small lose and salvage a little bit. ...
by FL320
Mon Sep 28, 2020 4:12 am
Forum: General Airline Industry Comments
Topic: Trudeau Throne Speech.. any comprehensive support for aviation?
Replies: 28
Views: 4197

Re: Trudeau Throne Speech.. any comprehensive support for aviation?

Launchpad1 wrote: Sun Sep 27, 2020 2:39 pm It also helps Pilots very much as the amount is enough to survive off for awhile.
Yeahhh...when you were making 5500$ per week (on which you were giving 2000$ back to the government) which in return gives you 847$...enough you say? It’s just unfair!
by FL320
Sun Sep 27, 2020 3:13 pm
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

It would be great that AC confirm their intention once for all; so everyone could move on. Why wait if they don’t want it anymore? So you are now convinced this deal will not go through and ready to move on yourself? Up until now it seems you were pretty certain it would happen. Worried about the s...
by FL320
Sun Sep 27, 2020 9:35 am
Forum: Air Transat
Topic: Air Canada and Transat announce Updated Purchase Price at $5 per share
Replies: 1370
Views: 145651

Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share

It would be great that AC confirm their intention once for all; so everyone could move on. Why wait if they don’t want it anymore?

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