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The level of competition - especially in Quebec - has been very much stifled with this takeover. Effectively, Montreal is now an AC town. Sure, there's Sunwing and international carriers, but the level of competition on many European summer routes is completely gone. I mean, AC's shareholders might cheer and I've no personal stake in airfare pricing for the Quebec market, but to have two profitable entities merge and hold a large majority of that market smacks of corporatism run rampant. |
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https://www.competitionbureau.gc.ca/...eng/04522.html Read the last section of the report, which are the findings: Quote:
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I know other airlines especially here in Canada that will likely not survive COVID and that is KLM, Alitalia, etc and they are foreign airlines too
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Alitalia has been close to bankruptcy for a very long time. |
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Which is why I can see the bankruptcy happening because of COVID |
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Still, I don't agree with it. My understanding is that Air Transat was profitable prior to COVID-19 and not in imminent danger of collapse. I suspect this was a move on AC's part to prevent Onex (and Westjet) from acquiring it. I also wonder what mitigation measures will be proposed. But, COVID has completely upended the game, so I doubt anybody knows what's going on for the future right now. |
Porter's re-launch delayed another month to 29JUL20
https://www.skiesmag.com/press-relea...ce-to-july-29/ |
YYC finally getting some interesting activity these past few days with a AirX 343 twice for a fuel stop and a MasAir from MEX. We've been drained of anything to spot other than parked WS 737s, the occasional 787 and DL/AA E75s. :haha:
Both YEG and even YWG have almost four times the amount of interesting traffic in the past month. |
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https://airlinegeeks.com/2020/03/17/...izes-alitalia/ |
Shouldn't AC be thrilled by this news? I guess the question is do they still owe Air Transat that penalty IF the federal government says no to the proposed merger? If that's the case, by bye Air Transat. Perhaps AC contacted the Europeans to build their case for the Transportation minister to not approve the deal lol.
As for Alitalia, it is the "best run" airline in the world lol. It knows it's stupid government will bail them out for eternity. Has Alitalia not been bankrupt for 20 years? |
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WestJet has never figured out how to properly serve Montreal or the rest of Quebec. An idea case would be to see WestJet and AirTransat have the same parent company but operate as two separate brands. They can codeshare on all flights and potentially drive some back office cost saving. WestJet focus stays on rebuilding its operations. AirTransat shrinks down to being focused on serving the Montreal market. |
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What Buffett did a few weeks ago should tell you plenty about investing in an airline right about now. I don't think AC will go ahead with the TS merger either, but not because the government wont approve it. They will. They would be foolish not too. AC will find another way to wiggle itself out of the deal. They can't afford to take on more planes/employees at the moment when the flying public has all but disappeared. Quote:
Basically, even if the deal doesn't happen, federal and provincial governments will most likely help out each and every major airline in this country to ensure their survival. In a weird way, COVID might ensure the TS name lives on. |
So is AC flying to NRT from YUL or not this Summer? I can't find dates.
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They've permanently retired their 767s from Rouge, which ends their transatlantic operations. Unless they are ceding that market to Transat (unlikely IMO), you'd think they'd want to get back there in a few years. Keeping AT would allow them a foothold there. |
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