Rockie wrote:accumulous wrote:Was it worth it to have a job and not be standing in line at the bottom of somebody's else's seniority list either in this country or in somebody else's country either at the competition's doorstep, or on the doorstep of a new entity?
The reason we have worker's rights in this country is so that our jobs are not hostage to ethically corrupt management's who enrich themselves by beating down their employees. Sadly this government likes workers beaten down. You're mistaken if you think people won't fight back instead of being thankful for any crumb thrown their way.
By the way, the collapse of Canada 3000 had nothing to do with the employees and everything to do with megalomaniac owners whose ego and greed made them abandon a successful business plan.
I've been unemployed before. Next.
Okay.
http://www.jobzilla.ca
Only debating the flip side. Yes Canada 3 had somewhat different circumstances although the reasons are irrelevant to the facts. The bottom line arrives, they fold. Notice how the big foldings all seem to arrive in the same dramatic fashion, as in overnight. They don't take out an ad in MacLeans magazine a month ahead of time. When these things fold there are airplanes all over the world with the park brakes set. It isn't neat and tidy.
See any similarities with any of these situations in the link below? And you have to consider the scenarios in the light that we had in 2003-2004 when AC was bankrupt - and very close to bankruptcy again in 2009. And now publicly declaring the model broken in 2011-2012.
Any similarities in these other examples? Do you not think the competition is coming on hard and fast?
The major airports are showing about a hundred AC cancellations today and untold delays. If you look at hypothetical load factors, that's about 5 mil right there in less than a day.
Just looking at the other side, that's all. You replace CR with somebody else and all of a sudden the competition just spools back to zero? Maybe a replacement would work for free and ask you to do the same thing in order to survive.
http://www.investopedia.com/financial-e ... z1pyoPh3bQ