Pluna deal risk and reward

[Brize]

Pluna...

Will this really mean anything to the pilots of Jazz?

[scopiton]

risk management ??

[Localizer]

It does nothing from the pilot side. Its all about money .. and trying to make more. The company is suppose to go public in 2013 .. which means Jazz will probably sell its 33% interest on the initial offering .. hopefully for a huge profit, because this collective agreement is going to be expensive! ...

[balfour]

You wish!

[lionheart27]

So this is an investment?
Not a route strategy?
Hard to think that Jazz could make it to the South Americas. Too far for the CRJ705
An Air Canada connection maybe?
That would allow more access into Chile, Uruguay, Paraguay, Argentina and Brazil without buying more routes.
I'm thinking Dragon's Den here so what's in it for them

[dream_big]

Means one very important thing! More money into Joe's pocket along with management. Isn't that the name of the game here at jazz!!! It means absolutely nothing for the employees! They'll invest 15million but still have a majority of employees living just above the poverty income level. very sad. They'll invest 15million yet their fighting all the way to a strike just to make sure we don't get a fair CA so they don't have to pay their employees better

[flyinhigh]

The return for employee's will be.

Pluna deal pulls in 50 Mil. Thats 50 Mil than before meaning we want some come contract talks, which just happens to be NOW.. TIME TO PAY UP

[whiteguy]

You wish!

That's right! Wj is the only airline that can make money from any investments in aviation!

[scopiton]

they have around 30% of shares wihtout decision making ability on the board, sounds more like an investment than a new route strategy.... for the moment whow knows

[lionheart27]

they have around 30% of shares wihtout decision making ability on the board, sounds more like an investment than a new route strategy.... for the moment whow knows

Without decision making ability they watch their 30% go down the crapper!

[Localizer]

they have around 30% of shares wihtout decision making ability on the board, sounds more like an investment than a new route strategy.... for the moment whow knows

Without decision making ability they watch their 30% go down the crapper!

Very true .. could happen .. But they are sending people down there to help run the show. That tells me they plan on making money.

[mbav8r]

They have 33% non voting, but they have sent a manager from Jazz to run things and Joe Randall has a seat on the board. I'd say they have more say in what goes on than is being made public. Probably a political issue with having a foreign company with voting rights.

[scopiton]

I hope you're right and that it will open opportunities and network for more benefits and spendings in Canada.

[airway]

The company is suppose to go public in 2013 .. which means Jazz will probably sell its 33% interest on the initial offering :

Jazz went public years ago Localizer.

It is an income trust, 100% publicly owned (Air Canada does not own any units in Jazz). Anybody can buy units of Jazz on the TSE. Jazz may (they are not required to) convert into a regular corporation that issues stock by 2013, because the income tax rules for income trusts change then. Converting to a corporation probably won't change anything with the Pluna deal.

[mbav8r]

I believe localizer is talking about pluna going public 2013, if you read locs post it says Jazz would sell it's 33% on the IPO.

[airway]

OK, I assumed "the company" was Jazz.

Loc, do you have any references about Pluna going public, and what Jazz plans to do at that time?

[airway]

After a little more study of income trusts in canada, I see the rules change in 2011 not 2013.