AC and TRZ Agree to Terminate Arrangement
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Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Pathetic.... You guys make me happy I stuck to corporate
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
That's all I've been saying this whole time... it's been pretty consistent. I'm not sure what you think I've been writing on this topic.GATRKGA wrote: ↑Sat Oct 17, 2020 7:01 am Altiplano, finally a statement out of you that’s logical and sound. More of this please. It has been a while.
I agree, merge this shit sooner than later and get it over with so we can get the footage of FL280 and Jetpilot diverting over a disagreement, lol. I have control, no I have control, no I have control, no I have control.![]()
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I'll buy beers and steaks if jetpilot and FL280 want to have a rumble... we can make it a team building event, maybe even make it interesting winner takes an extra seniority bump for their side..
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Has there been an announcement on this?Fanblade wrote: ↑Sat Oct 17, 2020 8:46 amIt doesn’t please me that there might be more furloughs.FL320 wrote: ↑Sat Oct 17, 2020 7:28 am 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 not an AC’s request? (No need to thank us for the extra job for your group, merry Christmas)
But Rudder is correct. Corporate is making pragmatic decisions. Competing with yourself makes no sense. When your losing 550M a month combined? They have no choice.
Still it sucks. My condolences. The same as to the AC furloughs.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Very interesting for the seniority bump!:p haha
But, I am sorry, I can't... Jet is so old I would go to jail for defending myself against a senior citizen or something:P Even though he was hired in 2007, he is old enough to have a senior card.
Plus, violence won't get us through this... when this will be over, we will all have to move on. Myself included, no matter the outcome.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Not that I am aware of. I assume it is internal at the moment. Transat FA’s were in the news yesturday seeking government support to stop more furloughs.altiplano wrote: ↑Sat Oct 17, 2020 9:01 amHas there been an announcement on this?Fanblade wrote: ↑Sat Oct 17, 2020 8:46 amIt doesn’t please me that there might be more furloughs.FL320 wrote: ↑Sat Oct 17, 2020 7:28 am 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 not an AC’s request? (No need to thank us for the extra job for your group, merry Christmas)
But Rudder is correct. Corporate is making pragmatic decisions. Competing with yourself makes no sense. When your losing 550M a month combined? They have no choice.
Still it sucks. My condolences. The same as to the AC furloughs.
https://www.newswire.ca/news-releases/n ... 36991.html
https://www.flightglobal.com/strategy/t ... 62.article
”With the Canadian borders remaining closed more hermetically than most countries and a quarantine imposed to those coming back to Canada, while no sectoral help has been put in place for airlines, the prospects are unfortunately not improving in the near future, so we have to furlough some of the employees that we had called back for our restart in July,” the airline says.
Remember November is shoulder season. Transat is blaming Canada’s quarantine rules and no sector support. They aren’t blaming AC, but that doesn’t mean AC wasn’t part of the decision. Sucks either way.
It may be part of the overall push by the aviation sector to get sector support. Notice Westjet and the Atlantic cancellations. Now Transat. Right after JT opened the door to possible support for regional air service in the Throne speech.
We will see if either of these reductions actually happen. Me thinks JT’s feet might be getting a little closer to the fire. He loves those socks you know.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Notwithstanding the TRZ transaction, AC is in survival mode. In point of fact, the modified TRZ acquisition agreement may form part of that survival strategy.Fanblade wrote: ↑Sat Oct 17, 2020 8:46 amIt doesn’t please me that there might be more furloughs.FL320 wrote: ↑Sat Oct 17, 2020 7:28 am 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 not an AC’s request? (No need to thank us for the extra job for your group, merry Christmas)
But Rudder is correct. Corporate is making pragmatic decisions. Competing with yourself makes no sense. When your losing 550M a month combined? They have no choice.
Still it sucks. My condolences. The same as to the AC furloughs.
Is AC going to disappear? No. But a second trip to CCAA will invariably wipe out the current AC shareholders. The AC BOD represents the shareholders. Not the employees. Not the passengers. Not the industry. And the AC senior Executive team is accountable to the AC BOD.
For those that have paid attention to history, CR never loses. He on occasion has been unsuccessful in the instant, but he waits. And he remembers. And when he has leverage ..... he acts.
I have no doubt that CR initiated the TRZ discussion for valid strategic reasons. He reached a deal. And then he was forced to increase the price to maintain the deal. Fair enough. Booming economy. Unlimited opportunity to expand capacity. Then COVID. Then the opportunity to exit the deal. Or to improve the terms.
Checkmate. Exit stage right. All future decisions based on the objective of avoiding CCAA.
The upside to this deal if consummated is everybody will still be able to say “I was hired in 1986” or whatever the applicable date. That sounds better than “I used to work at ........”
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Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Keep in mind we had CEWS for something like 2 months. After that it’s been CERB, and now EI for us 600.
I just submitted my first of what will become many bi-weekly EI reports. I work 3 1/2 jobs to try and keep up. Everything I make is subtracted 50 cents on the dollar from my EI benefit.
CEWS would have been a huge life line for us. Working while collecting CEWS would have played a big difference in terms of take home pay. Never mind the fact we aren’t accruing YOS, Vacation, pension*, benefits etc.
I’m lucky to be in a position where my family situation allows me to work though. Other aren’t.
I guess what I’m saying is, as if being furloughed isn’t difficult enough to swallow, being furloughed while there’s a program being utilized by our peers to prevent furlough, makes it sting that much more.
As for the potential List integration.... Someone way smarter than me will figure it out. I’m just along for ride.
* We’ve been offered pension buy backs. So that’s a small win.
I just submitted my first of what will become many bi-weekly EI reports. I work 3 1/2 jobs to try and keep up. Everything I make is subtracted 50 cents on the dollar from my EI benefit.
CEWS would have been a huge life line for us. Working while collecting CEWS would have played a big difference in terms of take home pay. Never mind the fact we aren’t accruing YOS, Vacation, pension*, benefits etc.
I’m lucky to be in a position where my family situation allows me to work though. Other aren’t.
I guess what I’m saying is, as if being furloughed isn’t difficult enough to swallow, being furloughed while there’s a program being utilized by our peers to prevent furlough, makes it sting that much more.
As for the potential List integration.... Someone way smarter than me will figure it out. I’m just along for ride.
* We’ve been offered pension buy backs. So that’s a small win.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Maybe it would create an event similar to the Jan 1,2018 incident on India Jet Airways , where the SO gives the Cpt , a smack in the face. Keep in mind , both pilots lost their jobs , because of this display of raw

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
This is getting ugly.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Wow...
I hope FL280 is the guy I think of... junior AC guy on A320 hired in 2019, ex DH8 captain at Jazz... there's only one that I know of that is this delusional, provocative and immature. No one is going BOTL
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This forum is worse than reading comments on media page on Facebook ... yet we're all pilots and in this together
I hope FL280 is the guy I think of... junior AC guy on A320 hired in 2019, ex DH8 captain at Jazz... there's only one that I know of that is this delusional, provocative and immature. No one is going BOTL

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This forum is worse than reading comments on media page on Facebook ... yet we're all pilots and in this together

Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Uh ? What does that even mean ? ''pretty easy to get hired at Transat, 24 years old with no 705 time'' ??? How many of them are they ? 5 pilots ? Most hired were flying DH8 or jets for years before TS, and a LOT of them are 30years old+babaganoush wrote: ↑Fri Oct 16, 2020 1:55 pmAir Transat new hires typically much younger than AC. Pretty easy to get hired at Air Transat at 24 years old with no 705 CA time and in many cases no 705 time. Try that at AC... it happens from time to time but is an anomaly at Air Transat it's a trend..... there absolutely should be considerations with how much longer it takes to get to Air Canada vs Air Transat as a pilot.
In the end, doesnt matter as both AC and TS pilots are doing the exact same job. How long it took you to get hired is irrelevant.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
You so funny i was hired at 30 yrs old you keep insulting me? Be a man.....FL-280 wrote: ↑Sat Oct 17, 2020 9:24 amVery interesting for the seniority bump!:p haha
But, I am sorry, I can't... Jet is so old I would go to jail for defending myself against a senior citizen or something:P Even though he was hired in 2007, he is old enough to have a senior card.
Plus, violence won't get us through this... when this will be over, we will all have to move on. Myself included, no matter the outcome.
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Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Funny how only the Transat guys think they are not hired with less experience and make as much money over their entire career than at AC. It is not irrelevant when the 4500 ac pilots will keep on mentionning that.Latitude wrote: ↑Sat Oct 17, 2020 6:31 pmUh ? What does that even mean ? ''pretty easy to get hired at Transat, 24 years old with no 705 time'' ??? How many of them are they ? 5 pilots ? Most hired were flying DH8 or jets for years before TS, and a LOT of them are 30years old+babaganoush wrote: ↑Fri Oct 16, 2020 1:55 pmAir Transat new hires typically much younger than AC. Pretty easy to get hired at Air Transat at 24 years old with no 705 CA time and in many cases no 705 time. Try that at AC... it happens from time to time but is an anomaly at Air Transat it's a trend..... there absolutely should be considerations with how much longer it takes to get to Air Canada vs Air Transat as a pilot.
In the end, doesnt matter as both AC and TS pilots are doing the exact same job. How long it took you to get hired is irrelevant.
Here's another one: ask anybody at Westjet or Sunwing who they feel which side won the lottery. 100% will say Transat. Facts. Also nobody leaves ac for ts. So Clearly one side is gaining a little more than the other in this one.
Sums up what everybody in the entire industry thinks of this deal and that's fine. But at least acknowledge it.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Dont put words in my mouth.JoeyBarton wrote: ↑Sat Oct 17, 2020 8:34 pmFunny how only the Transat guys think they are not hired with less experience and make as much money over their entire career than at AC. It is not irrelevant when the 4500 ac pilots will keep on mentionning that.Latitude wrote: ↑Sat Oct 17, 2020 6:31 pmUh ? What does that even mean ? ''pretty easy to get hired at Transat, 24 years old with no 705 time'' ??? How many of them are they ? 5 pilots ? Most hired were flying DH8 or jets for years before TS, and a LOT of them are 30years old+babaganoush wrote: ↑Fri Oct 16, 2020 1:55 pm
Air Transat new hires typically much younger than AC. Pretty easy to get hired at Air Transat at 24 years old with no 705 CA time and in many cases no 705 time. Try that at AC... it happens from time to time but is an anomaly at Air Transat it's a trend..... there absolutely should be considerations with how much longer it takes to get to Air Canada vs Air Transat as a pilot.
In the end, doesnt matter as both AC and TS pilots are doing the exact same job. How long it took you to get hired is irrelevant.
Here's another one: ask anybody at Westjet or Sunwing who they feel which side won the lottery. 100% will say Transat. Facts. Also nobody leaves ac for ts. So Clearly one side is gaining a little more than the other in this one.
Sums up what everybody in the entire industry thinks of this deal and that's fine. But at least acknowledge it.
I never said we make as much money over our entire career. But you know what ? I got hired straight on an A330, flying 50hrs a month and had amazing 3-4 days layovers in Greece, Spain, etc. I couldnt care less if i made 30K more a year at top pay scale, flying 80hrs a month at AC.
I commented on babaganoush post, which is wrong. ''Pretty easy to get hired at Transat at 24 years old with no 705 time '' Please. Dont be silly. Most hired are from Inuit, Creebec, Jazz, Sky Reg, Encore and Porter.
Now, YES I think the deal is good news for us because of COVID, before that ? Depends what you were looking for. I know for sure tons of TS guys were not looking to jump ship to AC and I am one of them. Some others made the move and it's fine as well.
Either way, I think it would be a great thing if you would stop looking at others like you're better than them, because you're not. That's the kind of attitude that I see a lot from your side that I hate and ''ask anybody at Westjet or Sunwing'' (to use your words) and they'll probably say the same

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.
It's not our deal, but it only has a negative affect on one group... just is what it is... I don't have to like it though.
It's not our deal, but it only has a negative affect on one group... just is what it is... I don't have to like it though.
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Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
It’s funny how a handful of individuals, on either side of this proposed transaction although unverifiable because of their posting under anonymous handles, seem to think they represent the majority of their respective colleagues’ opinions...
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Take a chill pill Luc...
I won't go as low as you have, posting links to social media pages, physical threats and questioning your manhood. But yet I am the piece of shit?
Maybe all of us should step back from our computer for a bit and put things into perspective. An arbitrator will decide and will look at FACTS.
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Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
This is the part that grinds my gears, when AC pilots say they will loose so much in this deal and it's not good for them, only for TS pilots. Let's go back to pre-pandemic, you were saying it back then. Shuffling 650 pilots in a list of 4500 when they come with tails, routes, slots and pax has minimal impact. Who knows what the final outcome would have been on both groups once the dust settles but certainly not a huge setback for AC pilots. TS pilots were not marching in to take your seats and upgrades. We were all established within our own list with our own growth.altiplano wrote: ↑Sat Oct 17, 2020 10:14 pm 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.
It's not our deal, but it only has a negative affect on one group... just is what it is... I don't have to like it though.
So was that situation a good one for TS pilots? From a stability point of view, absolutely. But then again, nobody knows if TS would have pulled thru the slump, nobody. Personally the only thing I envy from my friends at AC is their DB pension.
Post-pandemic is a different scenario entirely. My opinion is that AC needs TS more than they did pre-pandemic to get out of this mess and potentially double the recovery rate on the Sun and TA markets. Does TS need AC? Pretty clear that we do, just to see the day where we can operate flights with decent loads, quarantine is killing us.
Will the merging of the two unions be messier now, most likely. But I think both groups will get it pretty bad if we fight each other and management gets what they want from arbitration.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
I agree with you! it is a very emotional time for all of us you need to understand i love my Air Transat family and we have no power on what is happening next .FL-280 wrote: ↑Sun Oct 18, 2020 6:17 amTake a chill pill Luc...
I won't go as low as you have, posting links to social media pages, physical threats and questioning your manhood. But yet I am the piece of shit?
Maybe all of us should step back from our computer for a bit and put things into perspective. An arbitrator will decide and will look at FACTS.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
I can relate to that! It is a very emotional time for us too. We have that in common, we both love our jobs and are holding on to what we have...
At the end of the day, it's out of our hands. Mergers are never easy, and it's my second one in two years. So, I am tired of giving, giving and more giving (last merger went DOH) and getting nothing in return.
Maybe we will fly together someday, maybe we won't. But if we do, I am sure we will find that we have more issues we agree on than we think.
Cheers
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
We'll have to agree to disagree then.TFTMB heavy wrote: ↑Sun Oct 18, 2020 6:42 amThis is the part that grinds my gears, when AC pilots say they will loose so much in this deal and it's not good for them, only for TS pilots. Let's go back to pre-pandemic, you were saying it back then. Shuffling 650 pilots in a list of 4500 when they come with tails, routes, slots and pax has minimal impact. Who knows what the final outcome would have been on both groups once the dust settles but certainly not a huge setback for AC pilots. TS pilots were not marching in to take your seats and upgrades. We were all established within our own list with our own growth.altiplano wrote: ↑Sat Oct 17, 2020 10:14 pm 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.
It's not our deal, but it only has a negative affect on one group... just is what it is... I don't have to like it though.
So was that situation a good one for TS pilots? From a stability point of view, absolutely. But then again, nobody knows if TS would have pulled thru the slump, nobody. Personally the only thing I envy from my friends at AC is their DB pension.
Post-pandemic is a different scenario entirely. My opinion is that AC needs TS more than they did pre-pandemic to get out of this mess and potentially double the recovery rate on the Sun and TA markets. Does TS need AC? Pretty clear that we do, just to see the day where we can operate flights with decent loads, quarantine is killing us.
Will the merging of the two unions be messier now, most likely. But I think both groups will get it pretty bad if we fight each other and management gets what they want from arbitration.
Fact is the combined airline will be smaller than were they seperate. Transat is now bringing even fewer fins than they were pre-pandemic and those will simply replace older 320s that will now leave the AC fleet. Rouseau already said that. So there won't be more fins. And which slot limited airports does Transat have rights to that AC doesn't?
There is no growth here. Just the elimination of a competitor. AC was already going to be smaller post-pandemic, and now we have more people looking for seats.
I know you liked your deal at Transat, that's good, I like my deal here too. I like and respect you and your colleagues, and when you come here that's fine, it's not personal, it's not against you, it's just a shitty outcome for a bunch of AC guys that have already lost seniority/upgrades/job/etc with this pandemic and are now going to be pushed down the list by guys coming from an airline that is barely flying as is.
I look forward to being proven wrong and seeing a ton of growth and a pilot requirement bid for 6000 pilots after the merger and pandemic settles.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Desirable? Yes. Likely? No.
Let’s skip 2021 which is a crapshoot and is artificially maintaining some degree of pilot surplus.
Guesses for merged active in a combined bid (factoring in AC only pilot staffing estimate for summer 2022 via Bid 20-02/3300):
2022 - 3700
2023 - 4200
2024 - 4700 *(represents previous combined peak active pilots)
2025+ - ???
AC never reached over 5000 required pilots or a seniority list over 4500. Only on paper (Bid 2019-02). That included a Rouge fleet of 60 airplanes. TS inventory will form part of the reconstituted Rouge/LCC as that segment recovers. Another poster suggested that the deployable TS fleet will be 12 330/ 15 321.
I cannot envision the merged entity doing any pilot hiring prior to 2024. Age 65 attrition will help although quite a few that were due 2021-2024 went early in the incentivized programs.
I hope for the inactive pilots and the next generation of pilots in waiting that the recovery comes sooner and that growth rates equal or exceed 2018/2019, but there are many hurdles that remain in the airline sector. Canada remains a country with a population base of just 35 million. There will still be intense domestic based and international based competition looking to restore capacity. Being pragmatic in estimating recovery for planning purposes is wiser than being overly optimistic.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
Of course it's not likely. That's my point.rudder wrote: ↑Sun Oct 18, 2020 10:16 amDesirable? Yes. Likely? No.
Let’s skip 2021 which is a crapshoot and is artificially maintaining some degree of pilot surplus.
Guesses for merged active in a combined bid (factoring in AC only pilot staffing estimate for summer 2022 via Bid 20-02/3300):
2022 - 3700
2023 - 4200
2024 - 4700 *(represents previous combined peak active pilots)
2025+ - ???
AC never reached over 5000 required pilots or a seniority list over 4500. Only on paper (Bid 2019-02). That included a Rouge fleet of 60 airplanes. TS inventory will form part of the reconstituted Rouge/LCC as that segment recovers. Another poster suggested that the deployable TS fleet will be 12 330/ 15 321.
I cannot envision the merged entity doing any pilot hiring prior to 2024. Age 65 attrition will help although quite a few that were due 2021-2024 went early in the incentivized programs.
I hope for the inactive pilots and the next generation of pilots in waiting that the recovery comes sooner and that growth rates equal or exceed 2018/2019, but there are many hurdles that remain in the airline sector. Canada remains a country with a population base of just 35 million. There will still be intense domestic based and international based competition looking to restore capacity. Being pragmatic in estimating recovery for planning purposes is wiser than being overly optimistic.
I would characterise your forecast numbers as optimistic, yet we will have to integrate 650 pilots while we lay off and downbid further positions. 27 planes, that we will retire fins to integrate,
I'm not sure why some guys can't accept that isn't something I would want.
Look forward to being proven wrong... but I don't think I will be.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
I agree. There are certainly some fleet variables that are not necessarily manifest in the current 2022 staffing projection.altiplano wrote: ↑Sun Oct 18, 2020 10:30 am
Of course it's not likely. That's my point.
I would characterise your forecast numbers as optimistic, yet we will have to integrate 650 pilots while we lay off and downbid further positions. 27 planes, that we will retire fins to integrate,
I'm not sure why some guys can't accept that isn't something I would want.
Look forward to being proven wrong... but I don't think I will be.
And there are some very large aircraft that went to Marana that are probably not coming back. And I don’t mean 767’s.
It would not surprise me to see a 330/787 WB fleet as the end state (although the 350 is a beautiful airplane). I do not see 468 seat configured aircraft being part of the future. And it would take a permanent cargo conversion to maximize revenue from that platform in the next few years. Highly unlikely.
Re: Air Canada and Transat announce Updated Purchase Price at $5 per share
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 fleets- that have been laid off? (my good friend FO on the 320 is one of them and does not say nice words about it)
And here is why YOU won the lottery in this unfair world: https://www.tvanouvelles.ca/2020/10/18/ ... -canada-1 « Ottawa ready to buy parts of AC »