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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Bullboard Posts
Comment by 54568546846357on Nov 27, 2018 12:24pm
113 Views
Post# 29027855

RE:RE:Anyone had estimates on impact of AC absorption of workforce

RE:RE:Anyone had estimates on impact of AC absorption of workforce
fraudhunter wrote: All will be re-trained as personal baggage handlers in support of AC's new top secret " Your Concierge" program  to assist  AP flyers who are at Silver Status or higher ($25K+ /annum  credit card use).

Joking aside, care to share what the purpose of your post/question is? Is AC on your favourite watchlist, or are you now an AC shareholder, even though you think Rovenescu is a bully? Or are you just making sure that as an Aimia investor, the workers are cared for... 

Read your August 13 post from Aimia bullboard. Talk about getting it all wrong.

.. alot of us saw AC shananigans and called it out. AC's scrupulous CEO which apparently keeps winning award as a great leader is just a bully. TD on the other hand had/has the choice of where to stand with Aimia. We are taling about their clients after all. They could easily send out the message that Aeroplan is showing grat value for their member with the new partnerships. But why is TD chosing to side with AC? Aeroplan has brought in alot of profit for TD. TD's loyalty program is one of the worst rated and lowest value. Why are they trying to take their customers down? They might be trying to bully Aimia into selling AP? 
 
My expectation is for Aimia to sign on another CC issuer. AIM will also eventually sue TD. I imagine their partnership hold a minimum marketing joint effort, a lead program clause, and a minimum points purchase clause. 
 
Potentially AP could issue their own CC and cut the middle man out. This would be a big move but it would be inline with mitigating the reliance on few partners post 2020. Visa is probably keeping an eye on the situation and they might be ready to jump fromt he AC bandwagon in oder to protect their marketshare. 
 

54568546846357 wrote: We are reading approx 1000 employees switching over to AC. My understanding is alot of these a senior, have determined pensions, are high paying jobs. It ...




Based on the unfolding of the events, do you feel that I was wrong in my posting? AC... did in fact bully Aim to sell Aeroplan. I'm not sure what you are accusing me of... I have 100% called this out on the first day of the announcement 2-3 years ago. This was the plan all along. As AIM shareholder I was glad to see that AIM did not accept the lowball offer. AC, TD, CIBC tried to bully into a low ball offer. It was great that there was a competent gatekeeper to make sure the previous BOD didn't F up like they did with Nectar. If Aimia was good for my investment pre AC buyout, it is only logical that it could be good to invest in AC. The reason i am asking if that with Aimia comes technology and knowledge. i wonder it AC will be able to unlock it. Is AC expecting to eventually phase out these 1000 employees which would mean a considerable severance cost? are they keeping them on which mean operational expenditure increase? I am trying to understand what is the plan and how they will absorb these employees and all other assets. I think that is a valid question when doing DD.
Bullboard Posts