Outside Looking In

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Outside Looking In last won the day on December 11 2013

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  1. Air Canada in Calgary News

    Always nice to see giving back for the sake of giving back
  2. https://www.theglobeandmail.com/report-on-business/air-canada-boosts-forecast-hits-single-day-passenger-record/article35572847/ Air Canada shares hit 10-year high on bullish Q2 outlook Add to ... Ross Marowits MONTREAL — The Canadian Press Published Thursday, Jul. 06, 2017 10:51AM EDT Last updated Thursday, Jul. 06, 2017 11:27AM EDT Air Canada shares were at their highest in more than 10 years on Thursday after the country’s largest airline said analyst forecasts had significantly underestimated one of its earnings benchmarks. Shares in the Montreal-based airline peaked at $19.06 in morning trading on the Toronto Stock Exchange. In later trading, they were up 7.38 per cent or $1.28 at $18.62. The last time Air Canada shares were at these levels was in February 2007. The shares surged after Air Canada said its EBITDAR (earnings before interest, taxes, depreciation, amortization, impairment and aircraft rent) will be better than $475-million average forecast by analysts for the three months ended June 30. In last year’s second quarter, Air Canada posted a record $605-million in EBITDAR and $186-million of net income, which includes many items required under general accounting. Chief executive Calin Rovinescu says the results for this year’s second quarter, to be announced Aug. 4, were driven by higher revenue and lower than projected fuel costs. The day's breaking business stories. Sign up for Top Business Headlines newsletter here. Sign Up Now He said in a news release that the quarter was capped by transporting nearly one million customers over the six-day Canada Day-Fourth of July period, including a single-day record of 166,850 passengers on June 29. Walter Spracklin of RBC Capital Markets said the guidance reaffirmed his “bullish view” of the company. He raised his target price for Air Canada to $25 from $21, saying the shares are undervalued. Air Canada was expected to earn $19.5-million of net income in the second quarter on revenues of nearly $3.8-billion, according to analysts polled by Thomson Reuters. Adjusted profits were forecast to be $45.7-million or 19 cents per share, down from $203-million or 72 cents per share a year ago.
  3. Is there a Maui equivalent of the Ala Moana area?

    I think it is one of the perks we all get working in the industry. Carving the actual vacation out of the discussion would you agree that sometimes the best flights are the one when you are traveling alone?
  4. Is there a Maui equivalent of the Ala Moana area?

    if you are flying OGG-YYC there should be no need to overnight in YVR. depending on the day you should be able to fly direct on a redeye or at least a quick cnx in YVR. without knowing your travel status. 9 out of 10 times you will find a cheaper fare on united over WS. claims of being the lowfare leader are not always the case. I have had occasions where economy fare to HNL on united is cheaper than the 50% off fare on WS.
  5. Is there a Maui equivalent of the Ala Moana area?

    Agreed. OGG is heading down the path of overdevelopment but nothing close to a Waikiki/ Ala Moana experience which I personally try to avoid. In the event you are considering other islands LIH is even less developed with Costco/Walmart/Kmart providing you a shopping experience. Some other boutique shops but not what you would be looking for if Ala Moana is your benchmark.
  6. Westjet bumps cycling team..

    Regardless, when you stick yourself out there in an add campaign to capitalize on current events, no one will consider the fine print when pointing out you are not as perfect as you think you are. Current adds are an invite for this type of criticism. Would have been better off not pounding the chest on this one. Reminds me of how the Care-antee quietly turned into a Disney Plane. Promises in the WestJet Care-antee include: We will not charge you to change or cancel your flight for 24 hours after you book We will not charge you for call centre bookings We will not overbook your flight We will not charge you for two checked bags We will have the lowest, change, cancel and pre-reserved seating fees in Canada We will accommodate you if your flight is delayed. Even if it’s Mother Nature’s fault We will fly you in the youngest all-jet fleet in North America We will provide live seatback TV on our flights We will give you ample legroom and overhead bin space We will publish our on-time, lost baggage and cancellation rates We will always let you know how we’re doing as a company We will offer free online check-in and seat selection 24 hours before departure We will allow you to transfer your credit files to friends or family for free We will give you free snacks and refreshments on your flight We will always include smiles and thank yous. Always - See more at: https://www.wingsmagazine.com/news/westjets-new-care-antee-2749#sthash.CUZ6dyyi.dpuf
  7. From my perspective the entire thread lends itself to the discussion of airline provided assist vs. common use provider. I am sure there are some on here that can speak to how that exercise went in YYZ. certainly added incremental cost to larger carriers with minimal benefit. Wonder how much of this specific issue could be attributed to the layout of the new terminal noting a TB to Domestic cnx. There has has been no lack of feedback from able-bodied pax on the impact of terminal layout.
  8. Viking Air May Create 900 New Jobs in Calgary

    Correct. The blogging RP is still blogging. Finance RP made a rather abrupt departure in Sept of 2012.
  9. ALPA vote at WestJet

    Anyone Remember this Quote?? What's next for GS? http://calgaryherald.com/business/local-business/westjet-ceo-saretsky-will-go-down-fighting-to-prevent-unionization WestJet CEO Saretsky will 'go down fighting' to prevent unionization Amanda Stephenson, Calgary Herald More from Amanda Stephenson, Calgary Herald Published on: December 22, 2016 | Last Updated: December 22, 2016 5:42 PM MDT WestJet President and CEO, Gregg Saretsky Mike Drew / Mike Drew/Calgary Sun ShareAdjustCommentPrint After soundly rejecting the company’s initial offer, WestJet pilots are voting on a new contract the airline hopes will pave the way for the expansion of its wide-body fleet and help stave off the looming threat of unionization. In an interview, WestJet CEO Gregg Saretsky said voting is set to close Friday on the new tentative agreement. The company has said it needs a new deal with its pilots before it can expand its wide-body fleet and start doing more long-haul international flights. However, the company’s first attempt at a contract offer was rejected in November by 80 per cent of pilots who voted. “I’m hoping we’ll have a new Christmas present on the 23rd,” Saretsky said. “A brand-new, five-year deal with our pilots that goes till 2022.” The latest round of pilot negotiations at WestJet takes place against the backdrop of an ongoing unionization campaign. The Air Line Pilots Association (ALPA), the largest pilot union in the world, has been asking pilots at the famously non-union WestJet to sign membership cards, a continuation of the work started by an internal group in 2015. At that time, 55 per cent of WestJet’s pilots said no to unionization in a vote, but ALPA — which represents major carriers such as Delta Air Lines Inc. and United Air Lines — brings significantly greater resources and experience to the campaign. A simultaneous unionization drive led by an internal group and targeting WestJet flight attendants is also underway. Saretsky said as the largest non-union company in Canada, WestJet represents a “big target” to organizations like ALPA. But he said he remains convinced unionization would harm the relationship the airline currently has with its employees, creating a system of “middle men” and “bureaucracy” that would get in the way of direct conversations between management and staff. “This isn’t the first drive, it won’t be the last drive. At some point, will they be successful? They might, but I’m going to go down fighting to prevent the unionization of WestJet,” Saretsky said. Related
  10. Westjet Go Around SXM

    I'm sure its just a coincidence but this looks like the same aircraft from a different thread that had to circle and return to YYC twice in 2 days a few weeks ago.
  11. Newleaf concedes first round to WestJet

    A lot of routes being added that were previously abandoned or never started as deemed uneconomical by WS that are suddenly very attractive again. Is the fact that there is a new entrant on the route just a coincidence? I will concede that with the Alberta slowdown the bar is set lower for justifying the deployment of assets. With all that said my question is 1) when oil is north of $70 and Alberta recovers and or 2) the new entrant is run out of the market how long before these routes disappear leaving airport CEO's crying the blues. Most of the folks in YHM have moved on to new opportunities however between YXX, YWG, and YHM there will be people around that remember the YXX-LAS flight that never got off the ground, the years of begging for additional capacity in YXX falling on def ears, the pulling down of frequency for YWG-YEG and the numerous routes that could not cut it in YHM. Don't blame network planning as it is all about strategy and economics however Enjoy it while it lasts.
  12. WJ AT

    Perhaps explains the TRZ stock price this week. Seems the speculators are giving this at least a thought. Most impressive Canadian carrier this week (at least for the time being).
  13. WestJet and Minister - Announcement in YUL Feb. 13

    Now being played out as a bit of a fight for market share. Should be interesting to see what RASM looks like for the two carriers over the next 12 months. http://www.theglobeandmail.com//report-on-business/westjet-takes-on-air-canada-on-its-home-turf-by-increasing-service-in-quebec/article33999621/ WestJet takes on Air Canada at its home by expanding Quebec service Add to ... Ross Marowits MONTREAL — The Canadian Press Published Monday, Feb. 13, 2017 2:23PM EST Last updated Monday, Feb. 13, 2017 2:23PM EST 0 Comments Share via email Share on facebook Share on twitter Share on LinkedIn Print WestJet is taking on Air Canada on its home turf, pursuing one of the largest expansions in its history in Quebec. The Calgary-based company has announced 105 more flights per week in the province on top of the 140 it has now. The airline, which has operated in Quebec since 2003, is adding daily flights between Montreal and Quebec City, Halifax and Boston. Bob Cummings, executive vice-president of commercial for WestJet, says there is room in Quebec for two large airlines, which compete fiercely in each other’s territory. Cummings says WestJet’s expansion will also allow more people to connect to its network flying across Canada, to Europe and elsewhere. WestJet says the expansion is possible after it required all flight attendants hired since 2014 to be bilingual.
  14. WestJet and Minister - Announcement in YUL Feb. 13

    Anyone loose sight of the fact that less than a week ago on a conf call GS blames domestic performance on AC dumping to much domestic long haul domestic capacity into the market? it appears the appropriate response is Tit for tat in AC's backyard?
  15. WS1402 returning to YYC, smoke in cockpit?

    Wonder if Maint. has got a call from Disney yet