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I mean, cars still have 4 wheels, a steering wheel and foot pedals to operate the gas and brakes. However, a 1958 Impala and a 2018 Impala are quite different underneath, despite being similar from a user perspective. My 'lament' as it were is that economics drives things to lowest cost, which kind of leads to homogenization. It truly is a first-world complaint, but there is a little place in my heart for those who dare to be different. For instance, Mazda was the only automaker who used non-piston engines in their cars; they used a rotary engine. Or the 747 being a daring piece of machinery. Unfortunately, I realize I'm part of the problem. For all the interesting things that are produced, I've never owned a rotary-engine car, nor have I paid more to fly on a 747. |
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AC released their Q2 results today. The airline reported a loss of C$1.75 billion, compared with a profit of C$343 million, a year earlier. The company has $9.12 billion in liquidity as of June 30.
Total revenue for the quarter was $527 million, half of which was from cargo. Air Canada projects a net cash burn of $15-$17 million per day, on average, in Q3 2020, compared to $19 million a day, on average, in Q2 2020. Passengers carried was down 96% in Q2. Capacity in Q3 2020 will be 80% lower compared to the same quarter in 2019. Some interesting comments by Rovinescu. https://www.reuters.com/article/us-a...KCN24W1HB?il=0 Quote:
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Copa also pushed back their resumption date to October 5, 2020. |
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PEK is currently not a port of entry airport for China, so the return flight YUL-PEK must be a cargo flight. Right now there are 2 Canadian flights to PEK CA YVR-SHE-PEK HU YYZ-XIY-PEK Here is the list of YVR
Many of the airlines run very low frequency (some were every 10-14 days for a month or so I believe). Anything beyond that I put them in the stopped service category. Planned to resume/new service:
Anything beyond Oct 25 I'll throw them in the questionable category: Qantas, Beijing Capital Airlines, Hainan Airlines, Interjet, Condor, Edelweiss Air, Icelandair The list does not include the following airlines with fuel stop and crew change at YVR: Air France, Air Tahiti, French Bee |
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The fact they used the regular passenger flight numbers threw me off. Are all Chinese carriers doing that? The only other major carrier (besides Chinese) that I’m aware of doing that is BA. BA98/99 to YYZ never stopped running, but it was solely a cargo flight for a month or two. I like AC’s and other majors’ system better. Cargo flights have separate flight numbers. Regardless of route. Makes it easier to figure out what’s what. |
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For instance, CZ used to run almost daily CZ329/330 to YVR. Only 1 of the flight carry passenger while the others are cargo. There are a few instance where passenger and cargo flights were operated on the same day at almost the same time. The passenger flight was CZ329, and the cargo one was CA329A. Even for AF, the first flight for CDG-YVR-PPT was merely for reposition, crew, and maybe cargo and was not opened for sale. Flight number was AF74, the same as other passenger flights to start on the following week. If it was AC, it would have been AC70xx or AC22xx. |
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I view aircraft cancellations as inevitable. The Boeing 737 MAX has the greater risk of being a pariah in the current climate, given the poor perception of the plane and AC's previous cancellation of 11 of them in 2020. Given that Boeing has to work out compensation for the grounding still, a pain-free exit from several more orders may be AC's strategy. The A220 probably will suffer from reduced orders as well, but I'm not sure it'll really hold much sway with the Trudeau Liberals. The airliner industry is already a bloodbath and Bombardier's basically out of the business now, so the benefit of handing cash to AC won't really change the outcome of what happens to the A220. That being said, I'm not hugely surprised at the attempt for shaking the government down for some money. |
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Page 8. https://www.aircanada.com/content/da...020_FSN_q2.pdf Quote:
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The government should remind AC the deal was they buy the aircraft and the government lets them out of the requirement to do heavy maintenance in Canada. They want out, so they now need to present the plan for bringing heavy maintenance back to Canada. The government then needs to go the other airlines, and say "Interest free loan to buy Canadian made A220; who is interested?" |
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Lots of other countries, including the USA, have given aid to their airlines. Why Trudeau, after handing out money left and right, is reluctant is a mystery. |
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Fair.
When I went to Australia last fall we had a 380 and it was a wonderful experience. |
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I think the government is trying to avoid favouritism by aiming the relief packages wide. By giving each industry an arbitrary package, the government would encourage everybody to come to the them and cry 'bail me out!'. |
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If AC was upfront asking for help I would say the government should try to help. If AC is publicly suggesting canceling the A220 order (for jets made in Montreal) as a way of generating political pressure for a better deal from the government then they are playing games and should be treated as such. |
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