RE:RE:RE:RE:RE:RE:Pilot deal getting close jjwilson wrote:
You said, "the unions have little care for the long term health of the company" and I pointed out that the employees have, generally, signed on for life while the the management are simply hired guns who come and go as the wind blows.
Now you want to talk about fuduciary responsibility. What a joke. As long as the execs file the correct reports according to the correct timelines they are basically untouchable. I've been investing for 40 years and I have been burned dozens of times by incompetent management who skated away untouched so don't talk about fuduciary responsibility.
Current management at AC is weak and they have no direction, no vision. CR was a hundred times better and the stock performance shows it. Nobody has confidence in MR and I expect he's not going to be around much longer. If the board have any wisdom they would have promoted BS into CEO position but they let him get away. I have no idea who they'll get to replace MR but likely some senior VP at United or Delta who'll be parachuted in and then we can meet back here for you to tell us about how the employees don't care about the health of the company while the new guy who didn't know how to spell "Air Canada" until last week has the fiduciary responsibility for the whole thing.
Blah Blah Blah! So now if were to believe some of the bunk posters, if MR hadn't been around we would have had a rational ALPA, correct? LMAO. The real issue is a totally irrational ALPA that stepped out with peak nonsense promising a HISTORIC DEAL. Problem is they had already settled the Westjet deal. Same frigging nation, with same frigging high cost Airports and infrastructure. That is Canada. It ain't the US. ALPA and their mouthpiece Hudy are the problem with false promises to their members. Now they are stuck. Wearing banners at airports won't result in the public getting behind them. In fact it's a turnoff. Travellers know that ALPA is not looking out for them. This ain't about low cost burger flippers seeking a modest increase. The behaviour is not in line with "professionals'.
Most Canadians understand that in Canada they don't earn US pay. That's how it is.