Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Air Canada Regional Fleet & Operations For Sale  
User currently offlineConnector4you From Canada, joined May 2001, 933 posts, RR: 2
Posted (12 years 9 months 2 weeks 3 days 12 hours ago) and read 2793 times:

Scroll down to BUSINESS section
http://www.canada.com/montreal/



13 replies: All unread, jump to last
 
User currently offlineAC320 From , joined Dec 1969, posts, RR:
Reply 1, posted (12 years 9 months 2 weeks 3 days 12 hours ago) and read 2738 times:

AC is merely merging its regional operations into one marketable entity, there is no mention of them selling anything.

User currently offlineConnector4you From Canada, joined May 2001, 933 posts, RR: 2
Reply 2, posted (12 years 9 months 2 weeks 3 days 12 hours ago) and read 2705 times:

I bet you didn't read the whole article. But that's OK!



User currently offlineCanadianDC10 From Canada, joined Aug 2001, 346 posts, RR: 6
Reply 3, posted (12 years 9 months 2 weeks 3 days 11 hours ago) and read 2697 times:

I don't think they're exactly selling their regional carriers, they're just integrating them together. Here is Air Canada Regional's new website recently opened http://www.aircanadaregional.com/.

User currently offlineSlawko From Canada, joined May 1999, 3799 posts, RR: 9
Reply 4, posted (12 years 9 months 2 weeks 3 days 8 hours ago) and read 2659 times:

As soon as the rebranding, and intigration are finished they will be for sale...

My prediction is that by the end of the year ACR or or what ever they will be called will be for sale.......



"Clive Beddoe says he favours competition, but his actions do not support that idea." Robert Milton - CEO Air Canada
User currently offlineLymanm From Canada, joined Jan 2001, 1140 posts, RR: 1
Reply 5, posted (12 years 9 months 2 weeks 3 days 7 hours ago) and read 2634 times:

Didn't they already try to sell Canadian Regional during the merger, without success? I'm dubious as to the market for ACR, considering they will be faced with a few merger teething problems after Air Ontario, Air Nova and Air BC are amalgamated... Will investors be discouraged by this potential union unrest?


buhh bye
User currently offlineWatewate From Canada, joined Nov 2000, 2284 posts, RR: 1
Reply 6, posted (12 years 9 months 2 weeks 3 days 6 hours ago) and read 2622 times:

Prospects don't look too bright. Why would any sane investor sink their funds on ACR? Lets see, hodge-podge of ex-feeder airlines, varied and antique fleet, high labor costs, low morale, increasing competition from Westjet... AC needs to do everything right to make ACR attractive to potential buyers. But seeing Milton's recent track record, I'm not betting my mortgage.

User currently offlineYyz717 From Canada, joined Sep 2001, 16365 posts, RR: 56
Reply 7, posted (12 years 9 months 2 weeks 3 days 3 hours ago) and read 2600 times:

ACR's business plan is based entirely on its feed relationship with AC, which AC can turn on or off at any time. Why would any investors sink money into a feeder? You may as well invest in the parent. Sounds like AC wants some quick cash by spinning off a subsidiary. I wouldn't touch independent shares of ACR with a 10-foot pole.




Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.
User currently offlineConnector4you From Canada, joined May 2001, 933 posts, RR: 2
Reply 8, posted (12 years 9 months 2 weeks 2 days 17 hours ago) and read 2567 times:

I would agree that fast CASH is the magic word here. Recently AC sold some cargo facilities (hangars) at YVR and YYZ (buyer- Airport Authorities??) and leased them back. I think ACR is far from being profitable as we speak. Potential buyers are scarce right now and without large concessions from AC, I don't see this sale going through either.
Canadian Government looks rather concerned about how things are going with AC anticipating perhaps that a buy-back of the airline might be soon necessary: "Federal Transport Minister David Collenette has made it clear he would prefer Air Canada to focus on its cross-border and international business..." (that's where the money are coming from)
It looks like a "do or die" situation for Mr. Milton & Co. Hopefully I am wrong…


User currently offlineCrj 900 From Canada, joined Mar 2001, 595 posts, RR: 1
Reply 9, posted (12 years 9 months 2 weeks 2 days 15 hours ago) and read 2551 times:

watewate....WHERE DID YOU GET THE IMPRESSION THAT MORALE WAS LOW AT ACR? You can say whatever you like about maniline AC but bite your tongue about Regional. We have new contracts in place,our operations are merged effective the 1st Apr, 10 NEW CRJs on the way and look for more orders of those. The 146's are not antique and the old F28s will be gone by the end of the year. Believe me when I say the only bitter people flying a Maple Leaf are at Mainline. Furthermore, alot of big North American carriers are selling their Regional divisions as they are money making. Continental Express is up for sale. Personally i hope we are sold...if we are...look out Westjet, I can guarantee you we'll knock them out of the East Coast and give a good run in the West. They have NO loyalty out East and without getting into the WJ/AC thing, they too will have their low day.

User currently offlineSamurai 777 From Canada, joined Jan 2000, 2459 posts, RR: 4
Reply 10, posted (12 years 9 months 2 weeks 2 days 14 hours ago) and read 2538 times:

Crj900, how come it's been taking so LONG for ACR to really come together as one!? The four regionals were legally bound under the name Air Canada Regional in 2000, I believe.

Frankly, I'm not sure if AC's ever going to have an easy time trying to sell ACR if it wanted to. Remember how they tried to sell Canadian Regional? Nobody wanted it, so AC was stuck with it, pilots, old F28s and all!


User currently offlineSlawko From Canada, joined May 1999, 3799 posts, RR: 9
Reply 11, posted (12 years 9 months 2 weeks 2 days 14 hours ago) and read 2527 times:

Like I said before I think that ACR will be sold.

BUT, it will be a hard sell, even if the company is making money, there are the contractual restrictions on the company that have existed since the days of Great Lakes airlines, and unless AC and ACR can resolve those problems selling the company will not be easy. The restrictions on routes, and on aircraft types makes ACR an tough sell. The differance between ACR and the US regionals is that they are not bound by the same kinds of restrictions, and they are free to contract themselves out to more then one airline at once. IF the independant ACR could take contracts from Air Canada, as well as Skyservice or Transat feeding their major centers, they could grow to be very big. The question is, will they be able to do it?



"Clive Beddoe says he favours competition, but his actions do not support that idea." Robert Milton - CEO Air Canada
User currently offlineNoise From United States of America, joined Dec 1999, 1855 posts, RR: 4
Reply 12, posted (12 years 9 months 2 weeks 2 days 12 hours ago) and read 2500 times:

What happens when a regional carrier gets sold? Does the parent company still control it and it's flight scheduels? Will AC profit if ACR is making money?

User currently offlineYyz717 From Canada, joined Sep 2001, 16365 posts, RR: 56
Reply 13, posted (12 years 9 months 2 weeks 2 days 10 hours ago) and read 2495 times:

When a regional is sold, it becomes an independent company. Granted, much of its revenue will continue to come from interline & feed with the parent. The contract with the parent will determine whether the feeder will be able to offer its feed services to other carriers and/or branch out with an independent operation. Whether a regional is owned or not, its fortunes are VERY HEAVILY tied to the fortunes & whims of the (former) parent.

I don't see a spun-off ACR being any threat to Westjet. ACR has a high cost structure, high seat-mile costs (due to smaller aircraft), lower productivity.

IMHO

Neil



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 747 Fleet Retirement? posted Sun Jul 18 2004 04:34:34 by Cessna172RG
Air Canada Regional posted Sun Jun 13 2004 22:29:35 by AGrayson514
Air Canada Finds Two Equity Investors For $700 Mil posted Sat Sep 27 2003 03:02:16 by CanadaEH
Air Canada Regional Rebranding posted Mon Mar 25 2002 18:22:48 by Allee
Air Canada Regional Orders 6 CRJs From Midway posted Thu Jan 17 2002 20:11:37 by Crj 900
Air Canada Regional To Lease 6 CRJ's posted Wed Jan 16 2002 15:17:40 by Chrisa330
What Is Replacing Air Canada's DC-9 Fleet? posted Thu Dec 27 2001 00:45:25 by Gmonney
G & M: Air Canada Needs Help — But How Much? posted Wed Sep 19 2001 01:20:20 by Mcdougald
Air Canada Regional New Callsign! posted Sat Jul 21 2001 18:54:23 by CYLW
Air Canada Future Fleet Expansion posted Fri Nov 10 2000 03:48:37 by FrankyA340