Air Canada T.AC

ALPA posturing, NOT Historic 😵‍💫

[JuIieRichards]

ALPA made the error of posturing too much and pandering to hype by claiming "Historic" deal making. These are the ALPA execs who live off the pilots who pay the dues. The same pilots who sued their own union in the US for not representing their interests when it came to the rights of the most senior and experienced pilots who wanted to keep working. 

And in Canada they already reached a benchmark agreement with Westjet last year. So why all the Hudy led hysterics? Soon they will be spinning the deal as historic. Hysterical. A rational approach would have arrived at an amicable arrangement for the AC pilots months ago, win-win without all the huff and puff. Shameful waste of time and resources. That's called Unionized hysteria, nothing historic here.

[jjwilson]

You must be in management.  Just curious - what would have considered an "amicable arrangement"? As an investor I love to see low costs but not at the cost of damage in other areas.  Think about Boeing - their target fixation on "low cost" has lead to the huge problems.  Pilot wages have fallen far below the industry average apparently.  Not fixing this

[JuIieRichards]

"You must be in management." DUH, NO 

[FlyingHigh6644]

Not industry average.  USA average .... big difference.  Do some research and you will find air Canada is current top tier world wide for pilot compensation. Comparing to the USA lower and this is the argument they use but certainly NOT below industry average. Much higher actually. 

[wkrpradio]

"Bingo" you hit the hammer on the nail. These socialists want industry average but leave out salaries in Africa, India and South America. They also deny that they want US salaries converted into CAD. 

[jjwilson]

That's so ridiculous that I can only assume you are trolling.  Trying to get me to waste time writing a long reply so you can reply to it with a fart emoji.  Seen your type before, not falling for it.

[jjwilson]

Comment by wkrpradioon Jul 23, 2024 1:05pm 136 Views  Post# 36144569 RE:RE:RE:ALPA posturing, NOT Historic ‍ FlyingHigh6644 wrote:Not industry average.  USA average .... big difference.  Do some research and you will find air Canada is current top tier world wide for pilot compensation. Comparing to the USA lower and this

[factoman]

wprkradio; Interesting POV.  You do realize that the executives at AC use American, Delta, Southest, Alaska and other large US and NA companies as the comparator for their salaries, right?  Not a single company from outside North America.  If it's fair to use these companies as comparator for the executive suite why not for the employees? Air Canada is not only the largest

[wkrpradio]

Top management can move to the USA just about anytime that they want . Pilots , FA's , AME's , ramp rats ,PSA's ,  and office workers , not so much.  Air Canada can hire pilots with 250 hrs flight time , US carriers have to hire with a min of 1500 hrs. The early days of Westjet had a min of 5000 hrs.

[wkrpradio]

And what does that have to do with the price of mangos in Mexico ? 

[wkrpradio]

You must be a member of the proletarian revolution. 

[Nordico]

In any event, when the deal is reached, I expect a 5% shareprice bump and another 5% when it's ratified by union vote.

[Nordico]

The Pilots Union is such a cancer to this stock. Agree to a reasonable deal already; AC's 2023 profit was an anomaly and not something they can base their expected salaries off of.

[jjwilson]

You think this is due to the pilots and not the announcement just made regarding the guidance?  What's your rationale for that?

[Nordico]

I'm aware the SP has taken a hit because of the updated guidance. But the labour impasse continues to put a damper on the shareprice, and delays the initiation of a much-needed buyback program (AC should be buying back $2-3 Million in stock every week at these levels) or the possibility of getting taken private like WestJet was in 2019 after falling to a similar undervaluation.

[jjwilson]

Send me a PM.