mrlupin

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mrlupin last won the day on October 15 2020

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About mrlupin

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  1. Condition free funds worked wonders for Bombardier...
  2. What's wrong with Equity in the company? Isn't it a better arrangement (for Canadian citizens) than a corporate welfare "handout"?
  3. I wonder how the financial "help" will be given? Will the Fed get equity in the carriers? (like in the Lufthansa case) Will they find a way to lower operating cost through subsidies of airport infrastructure? maybe a reduction of NavCanada fees? What other strings will be attached? There isn't much information right now...
  4. Interesting read on business travel during and post pandemic. https://www.ft.com/content/867a5342-c94c-43f6-9783-a817443c9471
  5. The guy can barely put a sentence together when answering an unexpected journalist question. He doesn't appear well versed enough in the different subjects to discuss them. To give him the role of the puppet master pulling all the strings seem disingenuous. Harper seemed to be in that position, but to accuse Trudeau of that... The present PM appears to be a pretty spokesperson for the Liberal party but the person calling the shots?? The new minister will need a bit of time prior to getting acquainted with all that is going on in the transport world...
  6. That's a pretty nasty opinion piece... Lots of subjects mixed up in there. Social media influencers, moral compass, public health vs profitability, Air Canada Transat purchase, public money built flag carrier, lousy service and high prices, passenger horror stories, oversold flights, contempt for consumers, plane seating density, most complaints of any foreign airline and tax payer funded bailout. It's as if the journalist just vomited everything that irked him. It's a easy to single out AC the way the reporter did but what he is saying applies to most companies.
  7. Dagger, What are your thoughts on the possibility of government help to airlines having a negative effect on the recovery of these airlines. From a union centric point of view, of course the desire for wages to be paid and employment maintained is likely to be prominent. However what is the rational behind paying an employee to be at work if their is little demand for his labor? I think that's the point made above. The normal unemployment insurance channels should cover the needs of unemployed workers in the near term. From a business point of view, won't giving $$ to the airlin
  8. Since it's the holidays and it involves Santa, an aircraft and an angry Moose...
  9. https://www.seattletimes.com/business/boeing-aerospace/boeing-wins-zero-new-orders-delivers-few-jets-and-loses-more-737-maxs/?utm_medium=social&utm_campaign=owned_echobox_f&utm_source=Facebook&fbclid=IwAR3uZFXE4ESAyWaLBHaoaoFA5CsLgI9wJSBRd2F4Oomh9nzTFo_LDzCynSY#Echobox=1605024239 The B737 flop... Over 1000 cancellations.
  10. Wrong type or engines on their -300. They are operating CF-6 equipped machines.
  11. What if Right sizing means getting rid of a large percentage of the fleet? Should a government help pay the rent or loan payments for underutilized/stored aircraft? I don't how many Westjet aircraft (or other airlines) are currently in long term storage but it seems foolish to throw money in that direction. Might be better off having the government subsidize NavCanada and help the airports in exchange of lower operating fees than to interfere while normality is far away and the airlines need to "right size" to this new normal.
  12. Dagger, Are you of the opinion that Canadian Carriers have "right sized" or adjusted to market demand? While many aircraft are parked in the desert, the airlines are still paying leases, or mortgage for most of these airplanes. These are not assets obligations that one can get rid of easily. I'm not suggesting CCAA is imminent, but outside of bankruptcy protection, how would a carrier "right size" itself? I see many airlines deferring new airframe deliveries but what about the existing fleet? How does an airline get rid of aircraft that are almost new or midlife in a mark