05-13-2019, 08:27 AM
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#361
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First Line Centre
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Quote:
Originally Posted by Max Cow Disease
No doubt! Is more so just amusing because the Japanese elected to dictate a procedure to prevent it from happening (and the DC-3 scenario is when it was last believed to have happened in that area).
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So one could argue the the new procedure works.
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05-13-2019, 08:46 AM
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#362
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Franchise Player
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The WestJet thing is huge and will have some pretty significant ripple effects on employees. In particular the pilot group who currently receive a significant amount of their compensation via share purchase and ESOP plans. If that goes then they will be looking for a pretty big raise (some of them already are which is partly why they unionized). This could get ugly.
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05-13-2019, 09:06 AM
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#363
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Scoring Winger
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While it is nice to see a Western Canadian success story, I don’t see how this will be a net benefit for the average Canadian flyer or airline employee
Onex would not be paying a premium on Westjet if they didn’t think they could
-Minimize labour costs
-Reduce competition in the Canadian airline industry through consolidation (my money is on a Sunwing takeover)
-Increase passenger fares
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05-13-2019, 09:09 AM
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#364
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Lifetime Suspension
Join Date: Jul 2012
Location: North America
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https://www.cbc.ca/news/canada/calga...pany-1.5133465
Some of the comments.
“When a company pay almost twice what the company worth, it means, the company has a plan on how to get back its money. That is, cutting workers wage & benefit and increasing fare. No company plans to operate without profit, specially, after spending this much. The result is we will end up with another inefficient carrier.”
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05-16-2019, 07:22 AM
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#366
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Franchise Player
Join Date: Apr 2008
Location: Calgary
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Air Canada enters into an agreement with Transat A.T. to pursue combining the two companies:
https://aircanada.mediaroom.com/2019...-two-Companies
Quote:
MONTREAL, May 16, 2019 /CNW Telbec/ - Air Canada announced today that it has entered into an exclusive agreement with Transat A.T. Inc. (Transat) regarding the proposed purchase by Air Canada of all issued and outstanding shares of Transat and its combination with Air Canada. The proposed transaction, valued at approximately $520 million or $13.00 per share of Transat (on a fully-diluted basis), will create a Montreal-based global travel services company in leisure, tourism and travel distribution operating across Canada and internationally. Air Canada has all the necessary funding required to complete the transaction which is accordingly not subject to financing conditions.
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05-16-2019, 07:24 AM
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#367
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Franchise Player
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Ugh, I'm not sure they should allow that to happen. How does losing an option benefit the customer in any way? This kinda reeks of an easy way to eliminate some competition, there can't be much benefit to AC in the traditional sense when you combine companies.
Boo.
Also, Air Canada sucks.
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05-16-2019, 07:41 AM
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#368
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Franchise Player
Join Date: Apr 2008
Location: Calgary
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Perhaps beating Onex/WestJet to the punch? If WestJet purchased Air Transat it would immediately increase their presence in Quebec/Ontario, where they are still very weak.
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05-16-2019, 07:43 AM
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#369
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Franchise Player
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I can't imagine AC whipped up an offer in 3 days though, and they surly wouldn't have known about WJ. Unless they had this all ready to go and were just waiting for...something? I dunno, I think this is a coincidence.
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05-16-2019, 07:47 AM
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#370
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Franchise Player
Join Date: Apr 2008
Location: Calgary
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Rumours of Transat being available for a purchase have been going around for a bit, maybe three days was enough to enter into this agreement to pursue? I don't read it as final based on the press release.
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05-16-2019, 10:17 AM
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#371
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Franchise Player
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A Transat purchase would pretty much be folded into AC Vacations (I would think) and Rouge and the old AT would operationally be combined. Looking forward to how that would work with the pilot and flight attendant unions. Should be plenty of fireworks on that alone.
Assuming this does go through it significantly changes the scope of Air Canada's leisure/low cost business. You would have to think that WestJet would respond with Swoop in some form. Which isn't necessarily good news for the traveler in terms of service if more an more routes get switched over to the low cost side of both airlines.
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05-16-2019, 02:47 PM
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#372
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Franchise Player
Join Date: Jul 2003
Location: Sector 7-G
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Great news for the many Calgarians and others that go to Maui.... a new $340M rail connected consolidated rental car terminal replaces the shuttle bus system today.
A little nicer than our YYC Link golf carts.....
https://hidot.hawaii.gov/blog/2019/0...and-on-budget/
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05-16-2019, 04:40 PM
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#373
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Franchise Player
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Quote:
Originally Posted by I-Hate-Hulse
Great news for the many Calgarians and others that go to Maui.... a new $340M rail connected consolidated rental car terminal replaces the shuttle bus system today.
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$340 million is not a small amount of money. Remote rental car facilities seem to be a growing trend in the U.S. Not sure if any Canadian airports have followed suit yet?
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05-16-2019, 08:04 PM
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#374
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Franchise Player
Join Date: Apr 2008
Location: Calgary
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Maui should have taken that one step further and run LRT lines from OGG to Lahaina and Kihei/Wailea. Probably a fools errand but something I would love to see. Small rental car facilities in those locations to rent cars for days trips and such.
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The Following User Says Thank You to Bigtime For This Useful Post:
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05-16-2019, 08:19 PM
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#375
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Franchise Player
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The only downside with the new facility is that I heard the plan is to tear down all the old buildings and make a new runway that can handle international flights...Maui doesn't need more tourists.
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The Following User Says Thank You to Madman For This Useful Post:
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05-16-2019, 09:38 PM
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#377
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Franchise Player
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Quote:
Originally Posted by Bigtime
Maui should have taken that one step further and run LRT lines from OGG to Lahaina and Kihei/Wailea. Probably a fools errand but something I would love to see. Small rental car facilities in those locations to rent cars for days trips and such.
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Car2Go, especially the Smart Cars, would be awesome to have out there for tourists.
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05-17-2019, 07:38 AM
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#378
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First Line Centre
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Quote:
Originally Posted by DownInFlames
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Amazing that warehouse didn't burn to the ground. Everytime I see one of these crash the fireball is pretty intense. Must have almost floated in there.
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05-17-2019, 10:30 AM
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#379
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Powerplay Quarterback
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Super interesting story of a Pan Am flying boat taking the long way home from Auckland after the bombing of Pearl Harbour.
https://medium.com/s/story/the-long-...d-c04ca734c6bb
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The Following 9 Users Say Thank You to InglewoodFan For This Useful Post:
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05-17-2019, 12:50 PM
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#380
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Powerplay Quarterback
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Quote:
Originally Posted by InglewoodFan
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That was a great read!
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