DOH merge.

[Daniel Cooper]

??

[tsgas]

??

Doh !

[FL320]

Is there a date set yet? That makes it hard to plan for the big upcoming equipment bid at AC. For the company and the pilots. I don't know if it's better to assume it's going to pass or not. Everyone seems so sure it will despite major shareholders being against it and the other higher offer.

CR wants Transat; he will match all other offers even if it goes above 17$. That was planned even before offering 13$. So assume it’s going to pass and bid accordingly.

[Just another canuck]

…

[Warden]

Big question is, will the offer go up? Should I throw some money at the stock and hope for nice little 20% return?

[ahramin]

Big question is, will the offer go up? Should I throw some money at the stock and hope for nice little 20% return?

I bought right after the very first announcement and I'm up 190k but I haven't bailed out yet. It could all come tumbling ass over teakettle back down to $4. Right now it's more than the AC offer so the price is based purely on what AC or others could do with TS, not what TS can do for itself.

[Victory]

No it's because the market believes the offer will go up. If you don't understand that you shouldn't be playing with so much money.

[fish4life]

Big question is, will the offer go up? Should I throw some money at the stock and hope for nice little 20% return?

I bought right after the very first announcement and I'm up 190k but I haven't bailed out yet. It could all come tumbling ass over teakettle back down to $4. Right now it's more than the AC offer so the price is based purely on what AC or others could do with TS, not what TS can do for itself.

The market clearly is pricing in a higher bid, it has nothing to do with how well transat is doing. If the market thought AC was going to buy it for $13/share then the stock price would be at or slightly below $13.

[altiplano]

Big question is, will the offer go up? Should I throw some money at the stock and hope for nice little 20% return?

I bought right after the very first announcement and I'm up 190k but I haven't bailed out yet. It could all come tumbling ass over teakettle back down to $4. Right now it's more than the AC offer so the price is based purely on what AC or others could do with TS, not what TS can do for itself.

Up 190k?

I'd at least be securing some of my gains. ...

[yycflyguy]

September

Is there a date set yet? That makes it hard to plan for the big upcoming equipment bid at AC. For the company and the pilots. I don't know if it's better to assume it's going to pass or not. Everyone seems so sure it will despite major shareholders being against it and the other higher offer.

Assume it is going to pass and bid the highest piece of equipment your seniority can hold heading into the merger.

[Daniel Cooper]

Why bid highest equipment if merger people are going will be parachuting above you holding you on reserve for years?

[av8ts]

Hi o, hi o, it’s off to fly 777 I go!!

Great news dis morning my friend, the acquisition has ‘append!
We will all be flying de mighty 777 soon! Our Unions are ‘ard at de work, making us winners in de coming years....while I will miss dis beautiful tree turdy, it is times I take de control of the Boeing. Like they say, “if it is a Boeing, I’ll skip over AC pilot on the list and get going!” I kid, I kid. After all it’s not skipping , it’s my company eh!

C’est la vie my friend....I’m off for a nice stroll on the South of France as I contemplate the years ahead, I had planned to retire at 60, but I’m afraid that is put off for now....making over 300 thousand dollars a year is much to nice to give up....afraid it’ll be 65 for me....who knows maybe 67!!

Wow...that's really offensive. You should be banned from the forum.

DP.

Offensive cannot be given, it can only be taken

[Duke Point]

Hi o, hi o, it’s off to fly 777 I go!!

Great news dis morning my friend, the acquisition has ‘append!
We will all be flying de mighty 777 soon! Our Unions are ‘ard at de work, making us winners in de coming years....while I will miss dis beautiful tree turdy, it is times I take de control of the Boeing. Like they say, “if it is a Boeing, I’ll skip over AC pilot on the list and get going!” I kid, I kid. After all it’s not skipping , it’s my company eh!

C’est la vie my friend....I’m off for a nice stroll on the South of France as I contemplate the years ahead, I had planned to retire at 60, but I’m afraid that is put off for now....making over 300 thousand dollars a year is much to nice to give up....afraid it’ll be 65 for me....who knows maybe 67!!

Wow...that's really offensive. You should be banned from the forum.

DP.

Offensive cannot be given, it can only be taken
[/quot

Then I "take" offence. I'm an Anglo from the West Coast, so surely if I've "taken offence" the target might "take" it too???

Senior Transat Francophone pilots are obviously the target. Maybe they have thicker skin, or have better things to do than surf Av Can.

DP.

[Gilles Hudicourt]

BOTL I don’t think so my friends, I tink it should be more along the line of where I sit on my current seniority list now, no?

Why should I go DOH when it’s only 8 yrs ago I was hired, when I sit at 48% seniority on my list? I won’t be 48% at AC if I go DOH. That not good for me.

I should merge at 48% seniority on AC list, no?

I should also get to hold my uh left seat tree turdy as well, no?

AC pilot seem very hostile today, no?

I read this j**k’s 7 posts. This account was created in May 2019. It’s obviously written by an Anglo pretending to mimic the bad spelling and grammar of a Francophone in English. This is what is called a false flag operation.

I’m surprised anyone took the bait.

Who would have an interest in creating this kind of atmosphere ?

[Fanblade]

Who would have an interest in creating this kind of atmosphere ?

Trudeau?

His energy and environmental leadership has created so much divisive inter provincial fighting that he is posting here as a diversionary tactic.

Completely illogical.....

So it must be him.

[Jettime3]

There is so much garbage and venom on this thread, I have no desire to read it.
We are just pawns in a game played by others. I am not going to argue with other pawns who like me, have no control over what is happening, it's useless.
I am just going to continue to do my job, with a positive attitude, courtesy, respect and professionalism, regardless of what happens.

In the meantime, we should all make sure that the people we selected at our Unions to defend our interests are trusted and respected by our respective groups, to that we support them the day that they ask to sign on the dotted line.

Hey Gilles , you speak of venom . Remember the garbage and venom you gave Canjet pilots?

We remember you as an instigator to bring the 737 flying inhouse to TS and I do not recall you wanting to welcome us over to TS to fly our birds. You and your cronies wanted it. That went well didn't it?

I should thank you for not working with our unions to bring us over , even if it may have been BOTL .

I am at AC now and I am the guy who will stand strong with ACPA to see you at the BOTL because our contract is firm on it . This isn't a merger. We bought TS because they were losing money daily and would have been the next charter go out of business. Funny how things turn around buddy . Your turn now. AT operting on behalf of Air Canada might save your DOH. Say bonjour to your shareholders for me .

[Fanblade]

I am at AC now and I am the guy who will stand strong with ACPA to see you at the BOTL because our contract is firm on it .

That language isn’t worth the the paper it is written on. I’m absolutely serious here. We negotiate or else an arbitrator does it. That simple.

This isn't a merger. We bought TS because they were losing money daily and would have been the next charter go out of business.

Merger simply means integration. An arbitrator will not care why the integration is taking place.

I suggest you talk to an ACPA rep to get your expectations in check

[FL320]

This isn't a merger. We bought TS because they were losing money daily and would have been the next charter go out of business

funny ...the more ignorant a person is and the more positive he is in his opinions.
You bought nobody; it’s the corporation you work for who initially went to AT offices in 2018 to talk about the idea of a partnership. Transat was not looking for a savior at this stage. AC did a smart move with their offer before Onex; this might keep you away from a layoff...you’re welcome.

[lownslow]

BOTL because our contract is firm on it

Can anyone cite a contract where this isn’t the case?

[altiplano]

A partnership? No it isn't. Transat is being bought pending various approvals... and they are losing money until that happens.

There is no BOTL in the contract. There would be no BOTL in the event of a seniority list integration in arbitration. Any AC guys throwing that idea around are right up there with Habslover and his ideas.

But since AC bought the company, it is now AC flying, and AC flying is ACPA flying, that's in our contract and the corporation has said they will fully respect that.

There are many ways this could play out. It depends on how AC wants to integrate Transat AT and it's assets/operations. It might seem semantic, but AC isn't buying Air Transat, they are buying Transat AT.

Transat AT is the company, not Air Transat, they are not the same thing.

Transat AT isn't an airline they are a travel and tour operator which happens to feed a part of their flying to a seperate business unit, Air Transat. Now and in the past they have also fed that flying to Canjet, Westjet, Flair, various wet leases, etc.

This leaves a lot of what ifs that will depend on how AC wants to do it. We'll have to see how things are going to land.

Read it for yourselves:

The deal is with Transat AT.

https://aircanada.mediaroom.com/2019-06 ... -Companies
Air Canada and Transat A.T. Inc. announced today that they have concluded a definitive Arrangement Agreement that provides for Air Canada's acquisition of all issued and outstanding shares of Transat

Notice that there are seperate "About Transat AT" and "About Air Transat" links on the Transat website.

https://www.transat.com/en-CA/corporate ... 1563382936
Transat A.T. Inc. is a leading integrated international tourism company specializing in holiday travel. It offers vacation packages, hotel stays and air travel under the Transat and Air Transat brands to some 60 destinations in more than 25 countries in the Americas and Europe.

https://www.airtransat.com/en-CA/Corpor ... ir-transat
Air Transat is a business unit of Transat A.T. Inc., a leading integrated international tourism company specializing in holiday travel and offering vacation packages, hotel stays and air travel.