Air Canada and Transat A.T. Inc agree to terminate Arrangement Agreement

[altiplano]

In that case my kids lemonade stand is the most profitable beverage business in the neighborhood... way more than the Starbucks or Hipster espresso latte shop... based on ROI... We live in a nice neighbourhood and he even upsells for ice, no overhead. Great ROI.

You said "most profit" and most is the biggest pile of money left at the end of it all, not an ROE or ROI calculation, which is fine, but IMO you need to be more specific then.

[tsgas]

In that case my kids lemonade stand is the most profitable beverage business in the neighborhood... way more than the Starbucks or Hipster espresso latte shop... based on ROI... We live in a nice neighbourhood and he even upsells for ice, no overhead. Great ROI.

You said "most profit" and most is the biggest pile of money left at the end of it all, not an ROE or ROI calculation, which is fine, but IMO you need to be more specific then.

So how many B 737 airplanes do your children own ?

[altiplano]

In that case my kids lemonade stand is the most profitable beverage business in the neighborhood... way more than the Starbucks or Hipster espresso latte shop... based on ROI... We live in a nice neighbourhood and he even upsells for ice, no overhead. Great ROI.

You said "most profit" and most is the biggest pile of money left at the end of it all, not an ROE or ROI calculation, which is fine, but IMO you need to be more specific then.

So how many B 737 airplanes do your children own ?

I'm talking beverage business. Clearly he's the most profitable in this market. More profitable than Starbucks even based on ROI.

[tsgas]

In that case my kids lemonade stand is the most profitable beverage business in the neighborhood... way more than the Starbucks or Hipster espresso latte shop... based on ROI... We live in a nice neighbourhood and he even upsells for ice, no overhead. Great ROI.

You said "most profit" and most is the biggest pile of money left at the end of it all, not an ROE or ROI calculation, which is fine, but IMO you need to be more specific then.

So how many B 737 airplanes do your children own ?

I'm talking beverage business. Clearly he's the most profitable in this market. More profitable than Starbucks even based on ROI.

Except that you are encouraging an illegal operation, if your children are involved in a full time enterprise ,and have abandoned their education so that you can just prove a point.

[redlaser]

All the airlines are losing money, and it will only get worst in the coming year, you'll be able to buy a jet for 10000$, but won't be able to afford the fuel.

[altiplano]

It's not full time. Just hot summer weekends, best ROI in the neighborhood though, big markup, no overhead. Nothing illegal about it.

Point is that I proved the point... ROI is one measure, but when you're making the statement "most profitable" it's not the only or even necessarily the best measure. It's a ratio.

[goldeneagle]

So how many B 737 airplanes do your children own ?

Amazes me how many folks dont understand where the capital came from to buy all those airplanes, you make it sound like they paid for them out of revenue, but that's just not how it worked.

When Westjet originally went public they released a very small number (4.5 million) shares into the public float for trading, I know, I bought some of them. The company kept hundreds of millions of shares aside. As they went forward purchasing aircraft, they released more of those shares out to various investment funds as blocks that came with lockup clauses to keep them out of circulation for extended periods. The revenue from those sales of shares is what bought the airplanes. The shareholders paid for those airplanes by injecting more cash as the airplanes were delivered.

If memory serves, was about 144.5 million shares outstanding at the time Westjet was purchased, which is a far far cry from the 4.5 million originally released into the public float during the IPO.

[tsgas]

It's not full time. Just hot summer weekends, best ROI in the neighborhood though, big markup, no overhead. Nothing illegal about it.

Point is that I proved the point... ROI is one measure, but when you're making the statement "most profitable" it's not the only or even necessarily the best measure. It's a ratio.

You are using the CCP business model of slave labour. You haven't proved anything because the discussion was about being the most profitable AIRLINE in Canada during the past 25 years, and you have failed at disproving that . BTW your kids are being artificially subsidized , like BBD , because they don't pay the true cost of the house and the facilities that they use.

[tsgas]

So how many B 737 airplanes do your children own ?

Amazes me how many folks dont understand where the capital came from to buy all those airplanes, you make it sound like they paid for them out of revenue, but that's just not how it worked.

When Westjet originally went public they released a very small number (4.5 million) shares into the public float for trading, I know, I bought some of them. The company kept hundreds of millions of shares aside. As they went forward purchasing aircraft, they released more of those shares out to various investment funds as blocks that came with lockup clauses to keep them out of circulation for extended periods. The revenue from those sales of shares is what bought the airplanes. The shareholders paid for those airplanes by injecting more cash as the airplanes were delivered.

If memory serves, was about 144.5 million shares outstanding at the time Westjet was purchased, which is a far far cry from the 4.5 million originally released into the public float during the IPO.

Another view point and opinion, which is welcome. So they took the profits and gave it all to the CRA ? No way buddy , that's not how business is done.

[altiplano]

It's not full time. Just hot summer weekends, best ROI in the neighborhood though, big markup, no overhead. Nothing illegal about it.

Point is that I proved the point... ROI is one measure, but when you're making the statement "most profitable" it's not the only or even necessarily the best measure. It's a ratio.

You are using the CCP business model of slave labour. You haven't proved anything because the discussion was about being the most profitable AIRLINE in Canada during the past 25 years, and you have failed at disproving that . BTW your kids are being artificially subsidized , like BBD , because they don't pay the true cost of the house and the facilities that they use.

No. The point was based on your ROI ratio measure being equivalent the "most profit".

Most : the greatest in amount, quantity, or degree.

Profit : a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

So "most profit" is the greatest in difference between the amount earned and amount spent.

Not the highest ROI.

Highest ROI is fine, but it isn't what you said... and it doesn't necessarily equate to "most profit".

[Gino Under]

So, if “my dog’s better than your dog”, which one’s smarter? Can you teach the older one new tricks?
Now the topic morphs into a debate over financial statements.
Really??
Unless you're the CFO at either airline where’s the relevance to this discussion? Wasn’t this about one offering to buy the other? I know what happened when PW bought Wardair. Déjà vu all over again.

“Here doggie doggie! Good boy. Sit.”
That’s what I like. Real results.

Gino Under

[altiplano]

I'm not saying this one is more than the other, just pointing out the flaw in ROI vs what "most" means.

Whatever... doesn't matter...

[Chaxterium]

So this thread when from discussing the termination of the Air Canada/Air Transat agreement to talking about how WestJet buys their airplanes and how a child's lemonade stand will be appearing on the next Fortune 500 list.

[Air.Field]

Yes Chax, the attention span of most on here is that of an epileptic squirrel.

[airway]

For what it’s worth I like having short side discussions about interesting things. If you’re not interested don’t read it. No need to degrade the poster for that . Why should I have to start a whole new thread for just one comment that I think people would be interested in.

Btw I think AT’s finance’s are relevant this thread.

[Chaxterium]

Well a few comments not related to the topic are expected. This went almost a page and a half of the thread. Not a big deal. Just funny to me.

Btw I think AT’s finance’s are relevant this thread.

I mean obviously....

[altiplano]

OK, thread monitor.

I suppose you're the spelling and grammar police too?

Additionally, you're commentary has created a new tangent even further removed, at least the discussion was related to interpreting profits, which is loosely relevant to industry discussion. Yours is just nimby complaint bullshit and completely steers the thread awry.

You don't like the discussion? Maybe contribute something relevant... or move along? Or if it's funny... enjoy...

[Chaxterium]

You don't like the discussion? Maybe contribute something relevant... or move along? Or if it's funny... enjoy...

I do enjoy it! Hence why I'm here.

[altiplano]

Right on!

[tsgas]

Yes Chax, the attention span of most on here is that of an epileptic squirrel.

So what are the great contributions that you have made or are you just another bellyacher ?

[altiplano]

Letko says he won't sell to PKP for $5.

The Globe and Mail: Transat's largest shareholder rebuffs Pierre Karl Peladeau's offer.

https://www.theglobeandmail.com/busines ... aus-offer/

[ayseven]

Word on the street in La Belle Province has it that PKP doesn't feel he has the expertise to run an airline. Legault on the other hand knows a lot about it. I don't know what to make of it. Maybe nobody has to buy it at all because we will all go flying again.