"ACboi"....."bro"..... "they be mad"......lol....you must be a drake wannabe...you listen too much of that gangsta rap driving to the airport. The best of the best? Hmmmmmm......i won't even bother commenting. You are ridiculous enough. Before you ask, nah i am not a transat pilot, not an AC pilot and not interested in being one....."stfu"ACboi wrote: ↑Sun Mar 15, 2020 4:47 pm+1 bro! these trampsat pilots need to stfu. making themselfs look bad. I n every pilot here has worked hard to get here an our hiring board saw us as the best of the best. they just be mad. we ain't giving up easy. never!Sharklasers wrote: ↑Sun Mar 15, 2020 5:50 am I’m sorry to tell you that 98% of your good friends coworkers (and likely him) share this board’s sentiment about protecting our own jobs and livelihoods first and foremost. No one wants anyone to have a bad career but we are not willing to sacrifice our own well being for the Transat pilots.
If the virus goes own and the effects of the downturn are long lasting then the metrics of the merger will no longer make sense and Transat pilots will have the opportunity to remain an independent airline like they were routing for this whole time. Sounds like a win all around.
AC and TRZ Agree to Terminate Arrangement
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
- 98 Corolla
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
You guys all realize that ACboi and Habslover are clearly trolls right? Neither likely works for AC or Transat?
ACboi isn’t even trolling the point. No AC pilot is saying we are better because we were hired at AC.
We are saying we will vigorously defend our own careers.
ACboi isn’t even trolling the point. No AC pilot is saying we are better because we were hired at AC.
We are saying we will vigorously defend our own careers.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Stock price below 9 bucks today.....what would it be without the Ac deal on the table?
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Could say the same for the Air Canada stock? Dropped below 20. Would it be around that right now without the potential Transat deal? Or would it not be less?
Sincere question....I'm no financial guru
Sincere question....I'm no financial guru
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
The market is pricing in the risk associated with AC vacating the transaction.
All the large carriers are re-evaluating liquidity using realistic forecasts on revenue decline and cash run rate. AC is doing the same.
Here is that update from AC:
https://aircanada.mediaroom.com/2020-03 ... o-COVID-19
All the large carriers are re-evaluating liquidity using realistic forecasts on revenue decline and cash run rate. AC is doing the same.
Here is that update from AC:
https://aircanada.mediaroom.com/2020-03 ... o-COVID-19
- Daniel Cooper
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Interesting press release.
Furthermore, the acquisition of Transat A.T. Inc. is subject to regulatory approvals and certain customary conditions, and there are no assurances that the acquisition will be completed as described in Air Canada's 2019 MD&A or at all.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
LOL what a scoop from a reliable unidentified source!Daniel Cooper wrote: ↑Mon Mar 16, 2020 11:23 am Interesting press release.
Furthermore, the acquisition of Transat A.T. Inc. is subject to regulatory approvals and certain customary conditions, and there are no assurances that the acquisition will be completed as described in Air Canada's 2019 MD&A or at all.
Last edited by FL320 on Mon Mar 16, 2020 11:36 am, edited 2 times in total.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Whats so funny about it? Its from an official air canada press release.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
My bad, I didn't read the press release…
I just put 40k in TRZ shares, finger crossed then!
I just put 40k in TRZ shares, finger crossed then!
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Yo dude, I no troll. been here for bout a year n sum. BUT I strongly support our brothers n sisters in preserving our jobs n seniority. this affects me a lot having 600 some of those guys paracuting in above me and others. they should be botl.. we all suport this. dont mistake my words for trolling. there words of PASSION! I love this job n i love my AC fam. An yeah, i do think we r the best. like the old sayin. haters gunna hate.Sharklasers wrote: ↑Mon Mar 16, 2020 7:24 am You guys all realize that ACboi and Habslover are clearly trolls right? Neither likely works for AC or Transat?
ACboi isn’t even trolling the point. No AC pilot is saying we are better because we were hired at AC.
We are saying we will vigorously defend our own careers.
but no need to worry perhaps.Our boss is smart an will pull the plug on this bad deal. An transat will go belly up fast!! then he will buy n then they go botl. fingers crossed fam!!!
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
My god I can't believe that specimen could be in charge of my life during a DH on AC!ACboi wrote: ↑Mon Mar 16, 2020 11:43 amYo dude, I no troll. been here for bout a year n sum. BUT I strongly support our brothers n sisters in preserving our jobs n seniority. this affects me a lot having 600 some of those guys paracuting in above me and others. they should be botl.. we all suport this. dont mistake my words for trolling. there words of PASSION! I love this job n i love my AC fam. An yeah, i do think we r the best. like the old sayin. haters gunna hate.Sharklasers wrote: ↑Mon Mar 16, 2020 7:24 am You guys all realize that ACboi and Habslover are clearly trolls right? Neither likely works for AC or Transat?
ACboi isn’t even trolling the point. No AC pilot is saying we are better because we were hired at AC.
We are saying we will vigorously defend our own careers.
but no need to worry perhaps.Our boss is smart an will pull the plug on this bad deal. An transat will go belly up fast!! then he will buy n then they go botl. fingers crossed fam!!!
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Didn't you hear that in the future there will be only be one pilot and one dog in the flight deck. The pilot's job is to feed the dog and the dog's job is to bite the pilot if he touches any of the controls.FL320 wrote: ↑Mon Mar 16, 2020 11:47 amMy god I can't believe that specimen could be in charge of my life during a DH on AC!ACboi wrote: ↑Mon Mar 16, 2020 11:43 amYo dude, I no troll. been here for bout a year n sum. BUT I strongly support our brothers n sisters in preserving our jobs n seniority. this affects me a lot having 600 some of those guys paracuting in above me and others. they should be botl.. we all suport this. dont mistake my words for trolling. there words of PASSION! I love this job n i love my AC fam. An yeah, i do think we r the best. like the old sayin. haters gunna hate.Sharklasers wrote: ↑Mon Mar 16, 2020 7:24 am You guys all realize that ACboi and Habslover are clearly trolls right? Neither likely works for AC or Transat?
ACboi isn’t even trolling the point. No AC pilot is saying we are better because we were hired at AC.
We are saying we will vigorously defend our own careers.
but no need to worry perhaps.Our boss is smart an will pull the plug on this bad deal. An transat will go belly up fast!! then he will buy n then they go botl. fingers crossed fam!!!
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Careful rudder... guys don't like market facts explained on this thread.rudder wrote: ↑Mon Mar 16, 2020 8:49 am The market is pricing in the risk associated with AC vacating the transaction.
All the large carriers are re-evaluating liquidity using realistic forecasts on revenue decline and cash run rate. AC is doing the same.
Here is that update from AC:
https://aircanada.mediaroom.com/2020-03 ... o-COVID-19
Also - still standing by on someone quoting what I wrote that was so awful or personal attacking Transat pilots...
Last edited by altiplano on Mon Mar 16, 2020 12:11 pm, edited 1 time in total.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
I sincerely hope you are joking. These are unprecedented times.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
It might be more prudent to short the shares at this juncture.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
You had me worried for a bit. That quote is from the Caution on Forward Looking Statements and has been for months. Nothing new.Daniel Cooper wrote: ↑Mon Mar 16, 2020 11:23 am Interesting press release.
Furthermore, the acquisition of Transat A.T. Inc. is subject to regulatory approvals and certain customary conditions, and there are no assurances that the acquisition will be completed as described in Air Canada's 2019 MD&A or at all.
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Stock now at $6.50. It lost 40% today.
- Jean-Pierre
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Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
FL320 lost $16,000 already on paper
Re: Air Canada and Transat announce Increased Purchase Price to $18 per Share
Market cap at closing $245MM.
$600MM cash on hand? How much will that be in 90 days?
AC agreed to pay $720MM? Including how much assumed debt?
The math does not add up.
p.s. SWG just issued lay-off notice to every single pilot and FA. My guess is they do not have cash to burn. Does TRZ?