Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Air Canada: Not Out Of The Wood Yet  
User currently offlineQb001 From Canada, joined Apr 2000, 2053 posts, RR: 4
Posted (11 years 3 months 2 days 12 hours ago) and read 4289 times:

The dispute between AC and its pilots is taking a turn for the worst. The big "B" word keeps surfacing back.

http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1056406212719&call_pageid=968350072197&col=969048863851


Never let the facts get in the way of a good theory.
10 replies: All unread, jump to last
 
User currently offlineBoeing757/767 From United States of America, joined Jun 1999, 2282 posts, RR: 1
Reply 1, posted (11 years 3 months 2 days 12 hours ago) and read 4265 times:

I say fire all the pilots and run a non-union shop. I can't believe these guys are putting the airline -- and their future -- at risk over seniority lists. Grow up!


Free-thinking, left-leaning secularist
User currently offlineCaptaingomes From Canada, joined Feb 2001, 6413 posts, RR: 55
Reply 2, posted (11 years 3 months 2 days 9 hours ago) and read 4212 times:

This is a very bad situation. Yes, by voting no to the concessions, they are being short-sighted, but this really is a big issue, and they have reason to bicker about it. The pilots are being played by the company much moreso than any other employee category, so it's normal for these things to happen.

I'd like to see them vote yes, of course, but I think they should have the ability to work out the issue of seniority on the side. There must be a sollution to this, and it's in the interest of all employee groups as well as the company and unions to work out a sollution.

Boeign757/767, you of course realize how unrealistic it would be to fire all the pilots right? That would mean the airline would have to shut down for a few months, then very slowly start up again. It would take many more months just to reach the desired capacity. In the end, definitely not realistic.



"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster
User currently offlineBoeing757/767 From United States of America, joined Jun 1999, 2282 posts, RR: 1
Reply 3, posted (11 years 3 months 2 days 9 hours ago) and read 4204 times:

Of course I know it's unrealistic. Just wishful thinking.


Free-thinking, left-leaning secularist
User currently offlineC172Akula From Canada, joined Mar 2001, 1000 posts, RR: 4
Reply 4, posted (11 years 3 months 2 days 9 hours ago) and read 4186 times:

I was just reading an article in the Calgary Herald this morning. Apparently GE capital leasing may be taking action against the carrier soon as well. They could apparently seize up to 75 aircraft, plus another 25.

User currently offlineCaptaingomes From Canada, joined Feb 2001, 6413 posts, RR: 55
Reply 5, posted (11 years 3 months 2 days 9 hours ago) and read 4183 times:

What are the implications though of the judge extending bankruptcy protection to September 30th from June 30th? Doesn't that mean that GE and others can't take action until then? Or am I misunderstanding it?


"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster
User currently offlineYyz717 From Canada, joined Sep 2001, 16281 posts, RR: 56
Reply 6, posted (11 years 3 months 2 days 9 hours ago) and read 4173 times:

I hope GE does seize a large number of AC aircraft. This will immediately force AC to downsize its network overnight and reach agreement with its remaining creditors very quickly. The reduced capacity would increase yields and profits.

A mass aircraft seizing could also result in a complete shutdown (or even liquidation) of AC which might be healthy for the industry in the long term.

Here's hoping anyway.






Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
User currently offlineMark_D. From Canada, joined Aug 2001, 1447 posts, RR: 5
Reply 7, posted (11 years 3 months 2 days 8 hours ago) and read 4137 times:

Yyz717--I hope GE does seize a large number of AC aircraft. This will immediately force AC to downsize its network overnight and reach agreement with its remaining creditors very quickly. The reduced capacity would increase yields and profits.

A mass aircraft seizing could also result in a complete shutdown (or even liquidation) of AC which might be healthy for the industry in the long term.

Here's hoping anyway.



Nothing like a little "Chainsaw Al" kinda talk, to brighten up everyone's day  Laugh out loud


About GECAS, they're apparently just a bit rankled that AC management saw fit to work out the (3 puny A321) deal with GATX a few days ago, before looking after them first instead! They'll get things worked out. Just like the remaining ACPA recalcitrants for their part too.



User currently offlineCessnapimp From Canada, joined Oct 2001, 1320 posts, RR: 19
Reply 8, posted (11 years 3 months 2 days 7 hours ago) and read 4093 times:

What I find odd is the 700 mil GECAS loan being on condition that Milton stays?

How odd... hey Yyz717, finance guru, explain...  Laugh out loud

Grégoire


User currently offlineFallingeese From Canada, joined Apr 2001, 2097 posts, RR: 17
Reply 9, posted (11 years 3 months 2 days 6 hours ago) and read 4080 times:

It's more than having Milton stay, it's having the entire upper management of Air Canada stay. Yet now GECAS is thinking of seizing aircraft....Air Canada really knows how to goof some stuff up.


Mark McWhirter...Contrails Photography
User currently offlineYyz717 From Canada, joined Sep 2001, 16281 posts, RR: 56
Reply 10, posted (11 years 3 months 1 day 22 hours ago) and read 4006 times:

What I find odd is the 700 mil GECAS loan being on condition that Milton stays?

I agree....it's extremely odd. Despite making every single strategic error in the book AND driving AC into bankruptcy, Milton has managed to retain (thus far) the confidence of the BoD and GECAS.

My money is on Milton falling fast and hard in the coming months.



Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Air Canada Pulling Out Of Star Alliance? posted Thu Aug 5 2004 16:46:40 by EZYAirbus
Has Air Transat Pulled Out Of The S.C. Islands? posted Wed Oct 1 2003 04:36:59 by BWIA330
United - Out Of The Woods Yet? posted Mon Apr 14 2003 14:06:51 by Kaitak
Is G-VFAB Out Of The Re-fit Yet? posted Sat Aug 14 2004 17:37:30 by PlaneMad
Air Nostrum Fokker 50 Out Of The Runway! posted Fri Jan 17 2003 21:42:55 by Rojo
A380 Not State Of The Art-Due 2 Aluminum Wiring? posted Sun Oct 22 2006 15:54:57 by Coelacanth
Is Anything Out Of The Worldliner's Reach? posted Tue Oct 17 2006 23:44:14 by Charliejag1
Fisher Air Polska Goes Out Of Business posted Sun Oct 15 2006 03:38:25 by Konrad
Air Canada Buying A Stake Of Varig posted Thu Aug 24 2006 16:31:50 by Brasuca
Boeing 744LCF Out Of The Hangar -- Photos posted Wed Aug 16 2006 07:22:02 by Brenintw