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LO 044 Feb 17, 2021 6:24 AM

Quote:

Originally Posted by whatnext (Post 9192694)
No, why would I have to work for Transat to point out how ludicrous it is that some believe AC is such a threat to well-funded EU airlines, most of whom received some government pogey already?

It's laughable that the EU which includes Lufthansa, Swiss, KLM/Air France, Austrian, Iberia, Brussels, SAS, Finnair, Malev, Aer Lingus. Alitalia, LOT etc think big bad AC (and WS) are such a threat. How many of them don't even bother to serve Canada? :koko:

Your whole point was the EU "was taking too long". Based on whose standards yours? Maybe TS should have asked for a 2 year deadline on the original agreement.

casper Feb 17, 2021 10:07 AM

Quote:

Originally Posted by YYCguys (Post 9192832)
Pretty bad optics if Westjet puts in an offer to purchase TS (or any airline) in the current economic environment. Passengers are screaming to get refunds processed faster (or even approved for that matter), so if WS offers to buy an airline, there’s going to be some really angry passengers, rightfully so, because if WS can afford to buy an airline, then it should be able to afford to promptly refund passengers for their cancelled flights (note that I am not one of these disgruntled passengers).

I am certain WS has a communications team that can market it as "merger of equals".

It would be the best thing for WS. AC has sales people in markets as diverse as India, China and Spain. AC knows how to see into different cultures. WS can't figure out how to sell its services in Quebec. WS needs TS as much as TS needs WS.

Dominion301 Feb 17, 2021 4:06 PM

Quote:

Originally Posted by LO 044 (Post 9192560)
I think the EU let alone the world has more important things to worry about than the fortune of Air Transat. TS is the only one this hurts. AC is happy. Consumers from the east are happy. TS will probably now get an offer from WestJet or Sunwing albeit a much lower one. I'm sure TS is not the only company that this has happened to. Timing is everything. And even if TS does not get an offer, Uncle Trudeau will come to the rescue. After all there will be an election soon.

If 'election soon' means 2022 or 2023, then okay, but an election in 2021 is highly improbable...and certainly not until late fall. Look to Newfoundland & Labrador as to what not to do these days. With a weak opposition (i.e., the 3 official party status opposition parties would all have to vote against the gov't on a confidence vote - unlikely given their opposing ideologies), the government can largely govern (and largely have been) as if they have a majority. They have no incentive to go to an election. The NDP has no incentive as they currently hold the balance of power whereas an election would probably result in a Liberal majority with the NDP losing all their sway. Also, I wouldn't say 'Uncle Trudeau to the rescue'; try 'Uncle Legault' who has already said if AC walks away, the Quebec government will come to the rescue. Legault was one of TS' founders. There's no way he'll let them fail on his watch: https://www.journaldemontreal.com/20...promet-legault

Quote:

Le premier ministre François Legault a assuré, mardi, que son gouvernement sera là pour appuyer Air Transat, alors que la transaction entre l'avionneur québécois et Air Canada pourrait avorter à tout moment.
If WS were to put in an offer for TS, the gov't would have zero incentive to offer them a rescue package as it would mean they're perfectly solvent...which they currently are given WS' parent is still very profitable. On the flip side, there's no way WG can buy TS after just having accessed LEEFF. That pretty much leaves Mr. faux separatist PKP as a suitor for TS.

This is all predicated on AC even wanting to walk away. They know they're getting TS for a song and are almost at the finish line as it is.

whatnext Feb 17, 2021 4:14 PM

Quote:

Originally Posted by YYCguys (Post 9192832)
Pretty bad optics if Westjet puts in an offer to purchase TS (or any airline) in the current economic environment. Passengers are screaming to get refunds processed faster (or even approved for that matter), so if WS offers to buy an airline, there’s going to be some really angry passengers, rightfully so, because if WS can afford to buy an airline, then it should be able to afford to promptly refund passengers for their cancelled flights (note that I am not one of these disgruntled passengers).

Airlines and the gov't are reportedly close to an aid deal:

Canadian airlines, feds close to bailout deal: report
BY MIKE EPPEL AND THE CANADIAN PRESS
Posted Feb 16, 2021 7:14 am PST

OTTAWA – Airlines in Canada are apparently close to reaching a bailout deal with the federal government.

A government source tells The Globe and Mail the Trudeau government and the country’s airlines are in late-stage negotiations that could end months of talks for a multi-billion dollar rescue plan.

Air Canada CEO Calin Rovinescu said on the company’s recent conference call that he was optimistic about a deal being put together. This comes after what he described as the bleakest year in the history of commercial aviation, as the number of passengers declined 73 per cent following several years of record growth for Air Canada.

On Friday, the airline reported a $4.5 billion loss for 2020. It said it lost $1.16 billion in the final three months of last year, releasing a financial report on the heels of Thursday’s news that the Canadian government approved Air Canada’s $190-million purchase of Transat A.T...


https://www.citynews1130.com/2021/02...t-deal-report/

BenYOW Feb 17, 2021 4:17 PM

The House of Commons Standing Committee on Finance has released its recommendations for Budget 2021.
Of note for airports:
Recommendation 70: Provide financial support for regional and municipal airport development plans.
Recommendation 71: Support Canadian airports by providing:
• immediate financial support through a moratorium on ground lease rents and interest‐free loans (or equivalent operational support) in order to cover operating costs and alleviate the need for rate increases during the recovery; and
• short-term operating grants for airports to strengthen and maintain financial liquidity.


And for airlines:
Recommendation 109: Require airlines to reimburse their customers whose flights are cancelled.

BenYOW Feb 18, 2021 4:03 PM

WestJet has announced that it will suspend service to four domestic stations:
  • Medicine Hat (YXH) - service to Calgary suspended as of March 21;
  • Lloydminster (YLL) - service to Calgary suspended as of March 19;
  • London (YXU) - service to Toronto suspended as of March 22; and
  • St. John's (YYT) - service to Halifax suspend as of March 21.
In the case of Medicine Hat and Lloydminster, both destinations join the growing number of Canadian communities that have lost all scheduled air carrier services.

wave46 Feb 18, 2021 4:12 PM

Quote:

Originally Posted by BenYOW (Post 9194339)
WestJet has announced that it will suspend service to four domestic stations:
  • Medicine Hat (YXH) - service to Calgary suspended as of March 21;
  • Lloydminster (YLL) - service to Calgary suspended as of March 19;
  • London (YXU) - service to Toronto suspended as of March 22; and
  • St. John's (YYT) - service to Halifax suspend as of March 21.
In the case of Medicine Hat and Lloydminster, both destinations join the growing number of Canadian communities that have lost all scheduled air carrier services.

Medicine Hat and Lloydminster are served through Westjet Link, no?

The <50 seat market is so tiny these days that it's almost not worth chasing for big airlines, unless there's high rollers in those communities who will fill Westjet flights at premium dollars.

COVID provided a cover for Air Canada to terminate a bunch of small-time services to the <50 seat market in the eastern parts of the country.

The economics of flying break down where you're not carrying enough bodies. Either you jack up the price to pay for your large fixed costs, further driving down demand or you make things cheaper and make it up on volume.

As for London and St. John's, well, giving up the slice of that pie to your competition sometimes hurts less than keeping up the fight. I suspect we'll continue to see more non-competition until volume picks up.

esquire Feb 18, 2021 4:12 PM

Quote:

Originally Posted by BenYOW (Post 9194339)
WestJet has announced that it will suspend service to four domestic stations:
  • Medicine Hat (YXH) - service to Calgary suspended as of March 21;
  • Lloydminster (YLL) - service to Calgary suspended as of March 19;
  • London (YXU) - service to Toronto suspended as of March 22; and
  • St. John's (YYT) - service to Halifax suspend as of March 21.
In the case of Medicine Hat and Lloydminster, both destinations join the growing number of Canadian communities that have lost all scheduled air carrier services.

I'm guessing Brandon is not too far behind... they're down to 3x a week to YYC.

SignalHillHiker Feb 18, 2021 4:15 PM

I’d be pissed if there was anywhere to go lol

BenYOW Feb 18, 2021 4:21 PM

Quote:

Originally Posted by wave46 (Post 9194354)
Medicine Hat and Lloydminster are served through Westjet Link, no?

The <50 seat market is so tiny these days that it's almost not worth chasing for big airlines, unless there's high rollers in those communities who will fill Westjet flights at premium dollars.

COVID provided a cover for Air Canada to terminate a bunch of small-time services to the <50 seat market in the eastern parts of the country.

The economics of flying break down where you're not carrying enough bodies. Either you jack up the price to pay for your large fixed costs, further driving down demand or you make things cheaper and make it up on volume.

Correct, both Medicine Hat and Lloydminster are WestJet Link stations (staffed by Pacific Coastal Airlines). With this announcement, WestJet Link operations are now limited to Lethbridge and Cranbrook from Calgary.

Both Lethbridge and Medicine Hat formerly had Air Canada Express service on the Beechcraft 1900 / Dash 8 over the years, which terminated early in 2020. Lloydminster had scheduled service with Central Mountain Air prior to WestJet Link entering the market. I agree with you fully - the trend of regional air service vulnerability is clearly on display throughout the country.

Denscity Feb 18, 2021 4:56 PM

Looks like Central Mountain Air has extended Castlegar/Vancouver service to April 11th. 4x weekly up from 3.

Dominion301 Feb 18, 2021 8:34 PM

In addition to WS' additional city reductions, in yesterday's weekly OAG, AA pulled all 2021 schedules for YOW, YHZ and YQB.

Dominion301 Feb 18, 2021 8:35 PM

YOW is the first airport to report 2021 pax stats as follows:

January 2021 pax stats:

Sector / Jan-20 / Jan-21 / % Change
Dom: 278,250 / 34,074 / -87.8%
TB: 61,877 / 0 / -100.0%
Int'l: 66,255 / 0 / -100.0%
TTL: 406,382 / 34,074 / -91.6%

12 Months Rolling / % Change vs Year End 2019
Dom: 787,861 / -80.3%
TB: 101,216 / -85.3%
Int'l: 102,127 / -76.1%
TTL: 991,204 / -80.6% - YOW's now under 1 million pax handled in the past 12 months

The meaningful indicator these days is the month-over-month change:
Sector / Dec-20 / Jan-21 / % Change
Dom: 44,664 / 34,074 / -23.7%
TB: 0 / 0 / #DIV/0!
Int'l: 0 / 0 / #DIV/0!
TTL: 44,664 / 34,074 / -23.7%

hollywoodcory Feb 18, 2021 11:07 PM

Quote:

Originally Posted by Dominion301 (Post 9194656)
In addition to WS' additional city reductions, in yesterday's weekly OAG, AA pulled all 2021 schedules for YOW, YHZ and YQB.

They also extended YYC-PHX into May, was previously only scheduled until mid-April.

---
I'm kinda surprised to see WS still keeping weekly flights to HNL/OGG right into April as well. Are people still traveling to Hawaii?

Dominion301 Feb 18, 2021 11:54 PM

Quote:

Originally Posted by hollywoodcory (Post 9194807)
They also extended YYC-PHX into May, was previously only scheduled until mid-April.

---
I'm kinda surprised to see WS still keeping weekly flights to HNL/OGG right into April as well. Are people still traveling to Hawaii?

A trickle are. https://vancouversun.com/news/covid-...y-and-saturday

I'm more surprised with AA keeping YYC-PHX around multi-weekly. Are they using a CR9 at present?

hollywoodcory Feb 19, 2021 12:38 AM

Quote:

Originally Posted by Dominion301 (Post 9194851)
A trickle are. https://vancouversun.com/news/covid-...y-and-saturday

I'm more surprised with AA keeping YYC-PHX around multi-weekly. Are they using a CR9 at present?

AA is flying a 319 daily on YYC-PHX and that’s what’s planned until May 4th currently. There also planning twice daily DFW service on 319, which is an increase over pre-COVID times.

Dominion301 Feb 19, 2021 3:23 AM

With the retirement of the 319 mainline fleet, it meant the retirement of the TCA 319. However, AC’s brand-new A220, FIN 119 will wear a new version of the TCA retro livery!

https://scontent.fxds1-1.fna.fbcdn.n...99&oe=60559620

SignalHillHiker Feb 19, 2021 8:48 AM

It’s scary to behold.

Every single Arrival to YYT today:

https://i.postimg.cc/7LXJ6Sjm/B61-C0...D32-A06100.jpg

And every single Departure:

https://i.postimg.cc/wvvys7pH/63-E84...78-D5-FCBA.jpg

ghYHZ Feb 19, 2021 9:52 AM

Quote:

Originally Posted by SignalHillHiker (Post 9195144)
It’s scary to behold.

What's so scary?? People are doing actually what they are suppose to be doing and staying home! There's just no need for more capacity. But don't worry....it will all come back as there's going to be such a pent up desire to travel.

Interesting to see those International flights to/from St. Pierre at St. John's YYT which is not one of the 4 airports designated for international flights but there is an exception for St. Pierre residents to enter Canada.

https://www.canada.ca/en/immigration...xemptions.html

"French citizens who live in Saint-Pierre and Miquelon and have been in only Canada, the US or Saint-Pierre and Miquelon during the 14 days before the day they seek to enter Canada"

SignalHillHiker Feb 19, 2021 10:06 AM

Don't be a narc. :haha:

It's just scary in the sense that it makes obvious the far-reaching effects of the pandemic.

Also, I'm not so sure we will get back to normal. I think it's likely, for example, that we'll have no direct connection to Europe long after the world is up and running again, ending up more than doubling travel time by having to go to mainland Canada first. It's so disappointing on the way home. When we were last in Europe (August/September year before last), flying back from Dublin, we pass over home, I took pictures of the Avalon and St. Pierre below, but we're still in the air for a couple of hours, a few more lounging around the airport in Halifax, then another couples hours back home. It kills an extra day and it's so aggravating to see home below you and know you won't be there for half a day yet.

(Comment is Vid making fun of me, not an NLer actually saying that lol)

https://i.postimg.cc/cJhHBY72/Untitled.png


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