mrlupin

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Everything posted by mrlupin

  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
  13. Same principles at play... Airline self regulation. What could go wrong?
  14. I think management gets those figures on a daily basis. I doubt they can share it...
  15. The jury is still out on whether or not having had Covid19 will prevent further infections. Herd immunity requires that infected people become immune for that to be the case... Until that is determined, who knows what is the best strategy...
  16. Dito. Letting the IATA and/or airline industry lead on this issue would be a conflict of interest. Commercial interests shouldn't trump science or the recommendations of the professionals counseling the government. Cases are up again in Spain and France, in South America cases are exploding... In the US, they even have a summer camp where 260 kids are infected (the group that seemed immune previously). https://www.ctvnews.ca/health/coronavirus/coronavirus-infected-260-children-and-staff-at-georgia-sleep-away-camp-cdc-says-1.5048666
  17. Interesting read... https://outline.com/4n7zmJ https://www.economist.com/business/2020/05/02/imagine-the-post-pandemic-misery-of-business-travel?fsrc=scn/fb/te/bl/ed/bartlebyimaginethepostpandemicmiseryofbusinesstravelbusiness&fbclid=IwAR0N9x8VP40Uy7aOtof7WBnd5VUJvQYGQND3j86NGpndBptv5IEkA4UwVVs Bartleby Imagine the post-pandemic misery of business travel
  18. It's hard to tell for anyone. Economists do these sort of prediction and forecasting for a living and they still can get it wrong. It's hard to forecast macroeconomics situations that involve so many factors. Who knows how things will evolve... Unemployment has reached 13% in Canada. More than 7 million Canadians have applied for the Canada Emergency Response Benefit... We also have a Country wide real estate bubble that has been the elephant in the room room for years. Combine that with an average consumer debt to income ratio at 179% and it's an interesting mix. (We a
  19. The corresponding press release... https://www.newswire.ca/news-releases/air-canada-expands-its-cargo-only-flight-schedule-806054955.html?fbclid=IwAR0kdwytMLVTbiY_d9aGPbnhWOsm1sJ9RWa8ShsdTxtVV6Wy2Op9dMoQG_k
  20. What is the relevance to the Air Canada/Air Transat merger? That's a deal done in the late eighties when economic context was much different. If AC wanted A321, Airbus would be glad to produce them. They are presently reducing production and have tons of spare capacity and customers willing to defer their deliveries.
  21. ? So book your flight with us and if we can't get you there because of border restrictions we'll gladly give you a voucher or Aeroplan points? That sounds enticing...
  22. I wonder if their is a possibility of a conversion to freighter? The lifting capacity is huge and with so many getting parked you'd get spares and engines for peanuts.