Search found 27 matches

by milhouse
Mon Jan 11, 2021 8:49 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

I don't know, do you write 3 letters to someone asking them not to do something if you don't think they're going to do it? He seems desperate. The TRZ board did reject a offer that was superior to AC. I sort of figured PkP wanted in. He is not going to stop now since he knows the public sentiment i...
by milhouse
Tue Dec 15, 2020 3:15 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

If only there was another buyer to "rescue" Transat.. Oh wait. Thats assuming AC receives no aid from the government. If they do the perception will be the government sent aid to Air Canada to be used to acquire a competitor to the detriment of the Canadian public. Tax payer money to pay off shareh...
by milhouse
Tue Dec 15, 2020 1:16 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

Yes if it's painted as Transat is going out of business, they will approve to "save the jobs of Transat". So do you say Transat will go out of business if AC doesn't "rescue" them? What do you mean IF? They are already painting it that way. Did you not read the Q4 statements from friday? They liter...
by milhouse
Tue Dec 15, 2020 11:36 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

Yes if it's painted as Transat is going out of business, they will approve to "save the jobs of Transat". So do you say Transat will go out of business if AC doesn't "rescue" them? What do you mean IF? They are already painting it that way. Did you not read the Q4 statements from friday? They liter...
by milhouse
Tue Dec 15, 2020 11:19 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

Ok so the liberals will approve it because AC really wants it? AC really wants government aid too but the government has dragged its feet even with a political angle(protecting jobs vs the trade off of the public hates the airlines). So what is the government's motivation to approve? Remember the g...
by milhouse
Mon Dec 14, 2020 2:45 pm
Forum: Air Canada
Topic: Cargo TA
Replies: 497
Views: 125249

Re: Cargo TA

Not allowed under the ACPA CBA.... it has to be a CPA on routes wholly within Canada. You know, real scope for a solid operator....Not '' Meh should be fine, they been around for 30 years and PUJ turns seems more fun than YEG red eyes'' Once again, life is all about choices. It amazes me how you ca...
by milhouse
Mon Dec 14, 2020 2:21 pm
Forum: Air Canada
Topic: Cargo TA
Replies: 497
Views: 125249

Re: Cargo TA

Not allowed under the ACPA CBA.... it has to be a CPA on routes wholly within Canada. You know, real scope for a solid operator....Not '' Meh should be fine, they been around for 30 years and PUJ turns seems more fun than YEG red eyes'' Once again, life is all about choices. It amazes me how you ca...
by milhouse
Mon Nov 30, 2020 7:27 pm
Forum: Air Canada
Topic: Cargo TA
Replies: 497
Views: 125249

Re: Cargo TA

AC renegotiated the purchase at $5/share, with a requirement any competing offer must be above $6. At the moment the stock is sitting at $5.94. The market almost 100% believes AC will not purchase TS and that another buyer (or government) will step in. So right now the purchase does not even look l...
by milhouse
Sat Oct 24, 2020 8:36 am
Forum: Jazz Aviation LP - Air Canada Express
Topic: Chorus to be sold ?
Replies: 101
Views: 45329

Re: Chorus to be sold ?

Nothing was leaked. There was an intervention by the securities regulator about unusual trading activity. That forced CHR to disclose the unsolicited offer. Unusual trading activity is what implies a leak. No corporate executive is that stupid, or that careless, to share information externally or t...
by milhouse
Sat Oct 24, 2020 7:55 am
Forum: Jazz Aviation LP - Air Canada Express
Topic: Chorus to be sold ?
Replies: 101
Views: 45329

Re: Chorus to be sold ?

I don’t see it as AC. If it was AC it would not have been leaked as they would have had everything confidential until an announcement IMO. But that’s just purely speculation. Nothing was leaked. There was an intervention by the securities regulator about unusual trading activity. That forced CHR to...
by milhouse
Thu Oct 22, 2020 6:18 pm
Forum: General Airline Industry Comments
Topic: March to Save Canadian Aviation
Replies: 24
Views: 5612

Re: March to Save Canadian Aviation

So why would Canadian airlines be expected to refund when they received ZERO financial aid from the Government ? Because they were unable to deliver the service they sold? The same reason that if I bought a TV from a store and then the TV was undeliverable I would expect a refund. You want the gove...
by milhouse
Sun Oct 18, 2020 1:46 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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. And here is why YOU won the lottery in this unfair world: https://www.tvanouvelles.ca/2020/10/18/ottawa-pret-a-investir-pour-acquerir-en-part...
by milhouse
Sat Oct 17, 2020 7:17 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

And by the way anyone of you want to make a compain to your respective union below you will find FL280 link i have can prove with Ip and pass employment this si the right guy on FB everybody in Qc hate him is pass co-worker hate him the sory repeat itself let's put a end to it i am staring a group ...
by milhouse
Fri Oct 16, 2020 5:41 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

In regards to Quote 2: TS workforce is considerably reduced compared to AC. Lol that’s what I thought too. Pretty good news Cappo1, AT can call back more people (even better if it’s written in caps!) :lol: Can you send the screenshot so our strong union can negotiate with the company? Who said anyt...
by milhouse
Fri Oct 16, 2020 10:20 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

Monkey_in_a_suit wrote: Fri Oct 16, 2020 8:37 am With any luck ACPA and ALPA negotiate a whiny bitch clause that will put FL280 at BOTL
Finally something both groups can agree on!
by milhouse
Thu Oct 15, 2020 3:43 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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 milhouse
Thu Oct 15, 2020 5:25 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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. Won’t matter one single bit. You quit. You were a new hire on a specific date at A...
by milhouse
Wed Oct 14, 2020 7:13 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

Only about 10%-12% in the Keller list, the 1997 hires and later.... 160 out of approx 1150 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 pilot...
by milhouse
Wed Oct 14, 2020 6:38 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

I went through the whole AC / Canadian merger, the famous Keller list. The reality is, air transat pilots will have to give up a certain amount of seniority. The questin is... how much? These two mergers have quite a bit in comon. I don't think applying a straight penalty will be the way to go, a r...
by milhouse
Tue Oct 13, 2020 6:09 pm
Forum: Air Canada
Topic: Appologies
Replies: 89
Views: 18640

Re: Appologies

gtappl wrote: Tue Oct 13, 2020 5:21 pm How will the AT merger affect future hiring? I imagine the whole industry won't need new people for years with AC having such a big surplus?
I mean Lufthansa literally told student pilots to cease training and pursue other careers.
by milhouse
Tue Oct 13, 2020 5:55 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

$5. Transat shareholders are taking a haircut here... AC shareholders too if they fill the shares for the share swap options. The big AT shareholders like Letko didn't like $14 before and it will be interesting to see how they vote this... Letko has significant AC pairings too though and fear is cl...
by milhouse
Mon Oct 12, 2020 11:30 am
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

So you are guaranteeing a possibility? The probability of someone bidding for TRZ is there, the guarantee is AC walking away if that probability occurs. There is a real political scenario where a Quebec based firm bids. I’ve always said this transaction was over priced with this crisis. This was ex...
by milhouse
Sun Oct 11, 2020 5:55 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

Explain how it "won't be too far from DOH mark" when AC doesn't have much of a DOH list? The canadian merger was 20 years ago, I think it's a bit of a stretch to say AC "doesn't have much of a DOH list". So I guess just ignore them then? Not what I said. But trying to pretend DOH isn't the primary ...
by milhouse
Sun Oct 11, 2020 4:53 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

planebored wrote: Sun Oct 11, 2020 1:43 pm Explain how it "won't be too far from DOH mark" when AC doesn't have much of a DOH list?
The canadian merger was 20 years ago, I think it's a bit of a stretch to say AC "doesn't have much of a DOH list".
by milhouse
Wed Jun 03, 2020 2:09 pm
Forum: Air Transat
Topic: AC and TRZ Agree to Terminate Arrangement
Replies: 1687
Views: 328976

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

All these articles claiming AC wants to pull out are all actually just quoting the TVA article. Which is likely garbage. If a source actually did know that AC asked the government to block the deal, they would have to be really high up at either AC or TC. Why on earth would someone in that position ...

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