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Exvalley

Lead Service Attendant
AU Supporter
Joined
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354
Air Transat is now a wholly-owned subsidiary of Air Canada ...
I hate to say, "I told you so," but you counted that egg before it became a chicken.


I have a family trip to Europe this June booked on Air Transat. It is looking all but certain that we are going to cancel, which means that my family will have a roughly $3,000 USD credit. Needless to say, I am quite nervous about the long term viability of that credit.
 
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jiml

Conductor
Joined
Feb 27, 2019
Messages
2,530
Location
Somewhere in Southern Ontario
I hate to say, "I told you so," but those eggs were counted before they became chickens.


I have a family trip to Europe this June booked on Air Transat. It is looking all but certain that we are going to cancel, which means that my family will have a $2,800 USD credit. Needless to say, I am quite nervous about the long term viability of that credit.
I saw that too, but all the headlines here earlier this week made it sound like a "done deal". The only thing AC wants out of this is Transat's planes. The 767's and A-319's were retired in anticipation of the deal closing. The feds won't let a foreign carrier step into the void if AC backs out, so it's anyone's guess how this turns out.

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Exvalley

Lead Service Attendant
AU Supporter
Joined
Jul 7, 2020
Messages
354
I saw that too, but all the headlines here earlier this week made it sound like a "done deal". The only thing AC wants out of this is Transat's planes.
If I was Air Transat I would be on the telephone with Westjet right now. Westjet nabbing those planes could put the squeeze on Air Canada. However, I have no idea if Westjet can come up with any money. And Westjet has always had problems breaking into the Quebec market, which might make them think twice.
 
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jiml

Conductor
Joined
Feb 27, 2019
Messages
2,530
Location
Somewhere in Southern Ontario
Transat has very little domestic service, however what you suggest would give WestJet much-needed slots in places they need them (e.g. Montreal Trudeau/Dorval and Quebec City). WestJet to-date has also been an all-Boeing carrier (not counting regional services) and Transat 99% Airbus, so not sure how they'd feel about maintenance, etc. They're not exactly in the best of shape either. The government is still withholding bailout cash pending passenger refunds from both AC and WS, so this could get more interesting before anything is resolved.
 
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