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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

Comment by wkrpradioon Aug 14, 2024 6:59pm
42 Views
Post# 36179513

RE:RE:RE:RE:Pilot deal getting close

RE:RE:RE:RE:Pilot deal getting close
jjwilson wrote:
The employees have a greater long term interest in the health of the company than anybody in management.

You yourself told me that management skills are completely portable and that they can (and many do) leave at any time for greener pastures.

It's not all uncommon for pilots, flight attendants and other employees to retire with 3 decades or more of employment - we got 5 years out of Milton, 5 years out of Brewer and Rousseau is coming up on 5.  So, who's got a greater interest in the health of the company - someone who expects to stay for 30 years or someone who expects to be shopping for the next gig after 5?
<br /> That is a really a poor analogy. You are missing the fact that management has a fiduciary responsibility to all stake holders, even the unhappy pilots. The shareholders, debt holders , all employee groups ,the contractors , the flying public , freight forwarders and countless other identities depend on the solvency of the corporation. To jeopardise the financial well being of the corporration solely for the unrealistic demands of one group is irresponsible.
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