Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Moderators: sky's the limit, sepia, Sulako, North Shore
Has a Seriously Struggling Canadian Airline Ever Been Fixed?
AC's sagas are well documented and need no further discussion.
Question is, has there ever been a Canadian carrier that was on the brink (again, AC has been noted) that has cut routes/restructured/reorganized/etc and continued to operate as a successful company?
Question is, has there ever been a Canadian carrier that was on the brink (again, AC has been noted) that has cut routes/restructured/reorganized/etc and continued to operate as a successful company?
You can interpret that however you would like.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Yes. Canadian Airlines.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
-
- Rank 2
- Posts: 80
- Joined: Wed Dec 03, 2008 7:29 pm
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
no! ................not that i have seen or witnessed
the aviation pit is full of this kind of evidence.
the aviation pit is full of this kind of evidence.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
The answer is NO.
-
- Rank 10
- Posts: 2589
- Joined: Mon Jul 18, 2005 7:01 pm
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Excellent example. Proof that if you mean anything in this country, you will somehow survive.Rockie wrote:Yes. Canadian Airlines.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Canadian Airlines saved itself and now continues to operate as a successful company? I might disagree since I can't book a flight with them...Yes. Canadian Airlines.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
You can interpret that however you would like.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Canadian did a restructuring before that in the early 90's with AMR. Staff took pay cuts. Revenue Accounting was moved to Tulsa. A number of former American Airlines people moved into seniro positions.Rockie wrote:Yes. Canadian Airlines.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
Canadian only made money in 1988. Every other year was a loss.
Canada cannot support two full service airlines.
bmc
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
That was tongue in cheek. It took severe and draconian outside help in the form of the Federal Government to coerce Air Canada to take on that sinking ship. They couldn't afford to lose the western vote so they started pulling very large strings to save Canadian. Likewise, no Federal Government will risk the fallout if Air Canada fails despite their hand on the bible assertions to the contrary.Rockie wrote:Yes. Canadian Airlines.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
AC is sunk, it is only matter of time and the feds are not going to step up this time.. Milton folowed the well trodden route that was so in favour in the US until about a year ago...that is the shareholders are god (that would include Milton) and accordingly he sold everything off. AC now owns very little and has severe cash flow problems...it will all play out...
- Old fella
- Rank 10
- Posts: 2402
- Joined: Mon Jan 29, 2007 7:04 am
- Location: I'm retired. I don't want to'I don't have to and you can't make me.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
.tonysoprano wrote:Excellent example. Proof that if you mean anything in this country, you will somehow survive.Rockie wrote:Yes. Canadian Airlines.
But the fix was pretty severe because they had to graft it onto Air Canada in order to save it.
CAI was the sum of its parts through the various acquisitions ( Pacific Western, NordAir, Eastern Provincial, CP Air, WardAir and QuebecAir) from east to west. In other words any outfit with 2 jet engines that smoked became the property of Air Canada in the final shake out. It was due western votes or lack thereof – make no mistake about that. It certainly wasn’t a sound business decision, that is for sure and perhaps Air Canada may not survive.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
What about First Air?
Drinking outside the box.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Four1oh wrote:What about First Air?
The question is "has a seriously struggling airline Canadian airline ever been fixed?" I don't believe 7F hit the wall financially. They've been humming along since the good old days of Bradley Air Service.
bmc
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
I was told that Makivik bailed out First Air by buying them and restructuring. Is that not true? I'd call that struggling if it is.
http://www.firstair.ca/About_First_Air/ ... tones.html
http://www.firstair.ca/About_First_Air/ ... tones.html
Drinking outside the box.
-
- Rank 11
- Posts: 3239
- Joined: Tue Jun 08, 2004 11:58 am
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
Regency......................They Shut down Problem Fixed if you ask me.
Re: Has a Seriously Struggling Canadian Airline Ever Been Fixed?
If it's true, we have a winner.Four1oh wrote:I was told that Makivik bailed out First Air by buying them and restructuring. Is that not true? I'd call that struggling if it is.
http://www.firstair.ca/About_First_Air/ ... tones.html
Please claim your prize at the reception desk.
bmc