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Trader

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Everything posted by Trader

  1. Enjoy the well deserved time off!!! Congratulations.
  2. https://www.reuters.com/article/us-boeing-737max-idUSKBN2B41JT
  3. To say that that people should have a rainy day fund is fair. But we are discussing significant numbers of people losing their jobs. Significant numbers of small businesses disappearing (a tax break, as you suggest, is useless in these cases). Those suicides DO matter and who are you/me/anyone to say that saving a life over on this side (due Covid) is more important than the loss of life that occurs on the other side due to those decisions? Also, it is, in fact, a luxury for many people in this country to have money saved in the amounts required to make it through the pandemic. I know, based on my age and life history that I can afford it (agree - we have always planned for the worst) but the 28 year old just starting may not have that option. But yes, I do find those advocating a shutdown are often in a position to be able to afford to do so. I would love to see the reaction if the feds cut the civil service pay by 30%. Why should they not suffer like so many others? As I said 69% of deaths from LTC homes. That is massive. Properly handled, lockdowns would have been shorter, less severe and possibly not at all. Again, the goal is to keep hospitals functioning not move the caseload to zero. Had they protected LTC homes after the spring the situation would look far different. I contend that the governments (Feds in particular) are deflecting the issue away from that fact.
  4. Of course in Feb 2020 the consensus was that curtailing travel was not necessarily effective. Secondly, the objective then (as it should be now) is to keep the hospitals from being overloaded. The intention was NOT to bring the case count down to zero as Australia and NZ have targeted. That type of policy is successful only if a vaccine is available and, at the time, that was not a known. Lockdowns have massive effects on the populace. We know suicides have more than doubled, that alcoholism has increased etc. The number of people who have lost their jobs or businesses is not minor. I find it a bit galling when I hear talk about shutting everything down and I note, that in most cases, those who do have that opinion are financially stable, work in government organization (with no risk or low of losing their job) or who have other guaranteed income. The average person, struggling to survive and the poor in particular, do not have that luxury. SO I throw those travel whiners into the same group as those who espouse a complete lockdown - they are not looking at the reality of the situation. Instead we should be asking why and how our fed and provincial governments allowed thousands of older people to die this autumn and winter after they KNEW, based on last spring, that these people were at risk. 69% of all deaths have occurred in LTC homes. It appears to me that the lockdowns are politically motivated as they appear to be 'leaderlike' and strong while at the same time deflecting from their absolutely woeful response.
  5. Well, Flair pays more for a new FO than AC does. But I do love the arrogance that still exists among the pilot corps in Canada.
  6. How many doctors and nurses have gotten COVID? Almost none. Why? According to a friends doctor wife its becasue they wear mask, always wash their hands and don't touch their faces. She deals almost exclusively with covid patients (in the US). We need that message HAMMERED home here. Well if the War Measures Act is needed then they had better take over the LTC homes - remove THOSE private rights and take care of the issue. The vast majority of deaths have occurred there and yet our governments have done absolutely nothing in that area. Now they are deflecting so that the public doesn't see their poor response.
  7. 13 aircraft this year and another 11 next year.
  8. So the Feds will shut down travel utilizing an Emergencies Act. Yet they have know, since the spring, that long term care homes are incredibly vulnerable and yet have done NOTHING. Thousands have dies in those homes, the most significant number of any group, yet the feds and provincial governments havn't stepped in. Why not initiate the Emergencies Act, take over the homes, provide the needed procedures, care (pay the staff what is required) etc. Smoke and mirrors to deflect their pathetic handling of the pandemic.
  9. In the same way that collaboration is enhanced by the 'water cooler' conversations, lunches etc. It is also far easier to walk through an office, have quick conversations etc. that Zoom/Teams etc. do lend themselves to. The concept that huge numbers will soon be working from home, is in my opinion, not something that is going to happen.
  10. While we argue about restrictions our governments continue dropping the ball. We have known since March that the LTC homes are at incredibly high risk and yet NOTHING was done in the last 6-8 months to deal with that. If we can restrict movement then why can we not restrict and set requirements for the owners of the LTC homes? If required take them over! In Ontario the largest were paid $130 million in CERB and yet still paid out dividends all while doing almost nothing to mitigate risk. We KNOW that over 90% of deaths occur in these homes and this age group. But did nothing. Seems convenient does it not to to simply blame the joe average and foist up a few examples of big get togethers. No doubt that there should be restrictions but we need to question are leaders far more deeply and all I see is a compliant media who relish in scaremongering.
  11. They also bought the 400's pre-pandemic. At that time an NG was $250,000/month, though not so now.
  12. While I certainly agree that refunds are in order I would love to see how many of these people wanting refunds cry foul when on the other side. How many are upset when they miss a doctor/dentist appointment and are expected to still pay? How may make a restaurant reservation and perhaps don't show? If it's fair in one case it is fair in all cases.
  13. Take a look at the GTAA's annual report especially executive wages. They justify them by comparing themselves to some utilities, a few international airports and oil companies. Tell you what - compare yourself to other NON-profits and then come up with a justification. AIF is for capital expenditures and airports are now pulling that in for general operations. They have 'rebated' in one form or another the landing fees for AC, WJ etc. and now cannot fund their operations.
  14. Interesting that the airports are raising fees and cutting staff yet their Senior management and BoD's have not taken pay cuts! Same at NavCan - CEO still making $650,000/year and they want to increase fees by 30%. There is STILL a disconnect in this country.
  15. Swoop attempting to find airports willing to subsidize their flights in some manner.
  16. Face Masks Application 9 (1) Subject to subsection (2), sections 10 to 17 apply beginning on April 20, 2020, at 12:00 p.m. Eastern Daylight Time. Exception (2) Sections 10 to 17 do not apply to the following passengers: (a) an infant; (b) a person who has breathing difficulties unrelated to COVID-19; (c) a person who is unconscious; or (d) a person who is unable to remove a face mask without assistance. Notification 10 An operator must notify every passenger that intends to board an aircraft for a flight that the operator operates that (a) the passenger must be in possession, prior to boarding, of a face mask; (b) the passenger must wear the face mask at all times during the flight when they are 2 m or less from another person unless both persons live in the same private dwelling-house or other place that serves that purpose; and (c) the passenger must comply with any instructions given by a crew member with respect to wearing a face mask. Confirmation 11 Every passenger must confirm to the operator prior to boarding an aircraft for a flight that the operator operates that they are in possession of a face mask. False declaration 12 A passenger must not provide a confirmation under section 11 that they know to be false or misleading. Verification 13 During the boarding process for a flight that the operator operates, the operator must verify that every passenger boarding the aircraft is in possession of a face mask. Wearing of face mask 14 (1) An operator must require a passenger to wear a face mask at all times during a flight the operator operates when the passenger is 2 m or less from another person unless both persons live in the same private dwelling-house or other place that serves that purpose. Exceptions (2) Subsection (1) does not apply (a) when the safety of the person could be endangered by wearing a face mask; (b) when the person is eating, drinking or taking oral medications; or (c) when a crew member authorizes the removal of the face mask to address the passenger’s special needs or unforeseen circumstances. Compliance — passenger 15 A passenger must comply with any instructions given by a crew member with respect to wearing a face mask. Prohibition — operator 16 An operator is prohibited from permitting a passenger to board an aircraft for a flight that the operator operates if (a) the passenger is a competent adult and does not provide, or refuses to provide, the confirmation referred to in section 11; (b) the operator cannot verify under section 13 that the passenger is in possession of face mask; or (c) the passenger refuses to comply with instructions given by a crew member with respect to wearing a face mask. Refusal to comply 17 If, during a flight that an operator operates, a passenger refuses to comply with an instruction given by a crew member with respect to wearing a face mask, the operator must (a) keep a record of (i) the date and flight number, (ii) the passenger’s name and contact information, (iii) the passenger’s seat number on the flight, and (iv) the circumstances related to the refusal to comply; and (b) inform the Minister as soon as feasible of any record created under paragraph (a). Screening Authority Requirement — passenger screening checkpoint 18 (1) A screening authority must advise a person who is subject to screening at a passenger screening checkpoint under the Canadian Aviation Security Regulations, 2012 to wear a face mask at all times during screening. Requirement — non-passenger screening checkpoint (2) A person who is screened at a non-passenger screening checkpoint under the Canadian Aviation Security Regulations, 2012, must wear a face mask if advised to do so by a screening officer. Requirement to wear (3) A person who has been advised to wear a face mask under subsections (1) or (2) must do so. Exception (4) Despite subsections (1) to (3), a person who is listed in any of paragraphs 9(2)(a) to (d) is not required to wear a face mask. Removing face mask 19 Despite section 18, a person who is required by a screening officer to remove their face mask during screening must do so. Prohibition — refusal 20 A screening authority must not permit a person, other than a person listed in any of paragraphs 9(2)(a) to (d), who has been advised to wear a face mask and refuses to do so, to pass beyond a screening checkpoint into a restricted area, including a sterile area.
  17. The program pays 75% of an employees wage to a max of approx. $48,000/year (equivalent based on the time period of the program). This is for ALL employees. The result is that when an employer looks at their overall payroll, depending on the wage profile, the top up may be reasonable. An employer receives 75% of the wage of ALL their employees so essentially their wage costs are the amounts above and beyond the 75%/capped amount. An employer has 100 employees all earning $68,000/year. Payroll is $566,666/month. Employer lays off 50% staff, payroll is $283,000. An employer has 100 employees and keeps them all employed with the feds covering 75% to the max of approx. $48,0000/year. Feds contribute $400,000 to payroll. Employers costs are $566,666-$400,000=$166,666. At this wage profile the employers payroll is LESS than it was previously so they must top up. Obviously the higher the average salaries are the more difficult that becomes. If you have to top up from $48,000 to $200,000/yr for expensive employees then it dos not work unless they are willing to take a pay cut.
  18. The program is not for airlines but for all businesses affected by the crisis and it certainly appears to be one means of keeping people solvent and money moving. It ends in June so is an immediate, short term program. Air Canada may not have 'stuff to do' for those workers but other companies will find opportunities. At Flair the staff are being trained in other areas of the operation, being placed into teams to push projects forward, completing more advanced training etc. There are numerous opportunities for a creative company to use the program to pay staff and provide meaningful work for the staff and real results for the company.
  19. And no discussion yet in the media or political arena about the death toll that results from a devastated economy. There were 10,000 suicides in the US attributable to the meltdown in 2008, as people lose jobs the death toll from stress rises, as more people are pushed into poverty the deaths from poorer nutrition etc. That is not to say that we toss out the measures that are being taken, but a clear discourse on the real effects and the 'other' deaths that will occur should be had and understood. I get a feeling that people believe the governments will step in and make it all better! Then tonight, Alberta estimating an unemployment rate of 25% (great depression numbers) and national rates of 15%. Those are massive and the social upheaval will be as large.
  20. Some random thoughts: 1. The best estimates are that 50-75% of all people will come down with the virus. The concept of flattening the curve is to spread that out, over time, so that the health care system is not over run. So how are we 'being' safe by not having aircrew (or others) work etc? 2. The worlds infectious disease experts are saying that while they cannot confirm, at the moment, that a person cannot get the virus a second time all of their experience and knowledge suggest that will be the case and once you recover you will not be susceptible to re-infection. So it is important to know if you have been infected previously. There are many people who have been sick, mildly or with few symptoms, but cannot determine if it was with Covid. So we could well have significant numbers of people self-isolating for no reason when they could be working or helping in their communities. There seems to very little emphasis yet on testing and, as importantly, finding a test for anti-bodies in blood.
  21. If the recovery doesn't start until September there won't be much of an economy to support airlines in general.
  22. Still no word from the airport authorities other than requests for cash. No layoffs announced there yet. NavCan - CEO makes close to $700,000, no news of executive wage cuts (as elsewhere). No layoffs.
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