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#41
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Air Canada was profitable before they bought over...dam, don't remember
their name. But it was canada's international flyer. They bought them with billions of debt...and never recovered from it. Don't forget that, even with the debts, it gave AC a monopoly and Milton and his fellow arseholes still couldn't make money. How do losers like him keep their jobs? Wasn't he actually named the Financial Post's Man-of-the-Year a while back? Now that's funny! A good part of the reason for Canadian Airline's demise and Air Canada's continuation is due to preferential treatment of route allotments to Air Canada, as well as the Canadian government forgiving almost half a billion dollars in Air Canada debt. In spite of Air Canada's whining about profitability and market conditions, by far their biggest problem is simply bad management. |
#42
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mp wrote:
Wait until the domestic airspaces open up and we get the american liners up here! AC will be out of business right away! Never happen, cause all the other airlines would be out as well. Besides 'mericans don't want to allow Canadian carriers flying from US city to US city carrying passengers. Most international carrier agreements are bilateral in nature. If US carriers get access to certain routes in Canada, then Canadian carriers (if there are any left) will have access to similar US routes. Negotiated in the style of the softwood agreement? LOL -- Will Occasional Techno-geek |
#43
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A good part of the reason for Canadian Airline's demise and Air Canada's continuation is due to preferential treatment of route allotments to Air Canada, as well as the Canadian government forgiving almost half a billion dollars in Air Canada debt. In spite of Air Canada's whining about profitability and market conditions, by far their biggest problem is simply bad management. Like to know what routes were preferential treatment? AC had the east and europe CAIL had the west including Asia, middle east and Oz. What 1/2 billion forgiveness?? |
#44
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Like to know what routes were preferential treatment? AC had the east and
europe CAIL had the west including Asia, middle east and Oz. When new routes were awarded, Air Canada usually got the majority, the cream of the crop, so to speak, and Canadian Airlines got what was left over. My comments apply mostly to new routes resulting from the ongoing Canada-US bilateral agreements. I remember one year Air Canada got 14 routes, Canadian Airlines got two. There were also some international routes, where Air Canada started flying into a few of Canadian Airline's more lucrative Asian runs. What Air Canada wanted, usually Air Canada got. What 1/2 billion forgiveness?? Loans from the Canadian government to Air Canada. |
#45
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On 17-Mar-2005, "mp" wrote: There were also some international routes, where Air Canada started flying into a few of Canadian Airline's more lucrative Asian runs. What Air Canada wanted, usually Air Canada got. AC's access to Asia was the long way round through Europe. CP got access to Asia directly across the Pacific. Mike |
#46
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AC's access to Asia was the long way round through Europe. CP got
access to Asia directly across the Pacific. Yes, but in later years, if memory serves correct, Air Canada started flying some pacific routes that were traditionally Canadian's territory. The point I was trying to make is that Air Canada, which until recent years was a government owned airline, almost always got preferential treatment. It wasn't a level playing field between Air Canada and Canadian Airlines. CAIL most certainly didn't receive, as the previous poster put it "billions and billions in bail out money no other airline has". If anything, Air Canada was the one that received billions in government handouts. |
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