Air Canada to launch cut-rate vacation carrier
May 7, 2011, 11:11 am
#76
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I wonder if this pre-emptive move was prompted by Westjet's experimentation with a "long legged" 757 this year?
If Westjet Vacations acquires further 757s then they could become an instant overseas threat. We are a nation of immigrants so the overseas market is perhaps more sure of a bet than domestic markets.
Sunwing is limited in range by their 737s.
Perhaps we will see Transat, Jazz/Thomas Cook, Westjet Vacations,A C Vacations in the same marketplace - the A330 and B757/767 overseas lift arena?
If Westjet Vacations acquires further 757s then they could become an instant overseas threat. We are a nation of immigrants so the overseas market is perhaps more sure of a bet than domestic markets.
Sunwing is limited in range by their 737s.
Perhaps we will see Transat, Jazz/Thomas Cook, Westjet Vacations,A C Vacations in the same marketplace - the A330 and B757/767 overseas lift arena?
Transat AT Inc
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Recent Sedar Documents
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Transat to add 10th Airbus A330 to fleet this summer
2011-05-03 16:34 ET - News Release
Mr. Pierre Tessier reports
TRANSAT A.T. INC. ANNOUNCES THE SIGNING OF A LEASING AGREEMENT FOR AN ADDITIONAL AIRBUS A330
As part of its previously announced Air Transat fleet renewal program, Transat A.T. Inc. has signed an agreement with lessor ILFC for the long-term leasing of an additional Airbus A330 wide-body jet, to be introduced in the fleet this summer.
Air Transat's fleet currently includes 12 Airbus A310s, which will be gradually withdrawn from service, and Airbus A330s. Nine of the latter are currently in use, and three more will be in operation by early 2012 including the one announced today.
Symbol C : TRZ.B
Shares Issued 36,969,051
Close 2011-05-02 C$ 11.74
Recent Sedar Documents
View Original Document
Transat to add 10th Airbus A330 to fleet this summer
2011-05-03 16:34 ET - News Release
Mr. Pierre Tessier reports
TRANSAT A.T. INC. ANNOUNCES THE SIGNING OF A LEASING AGREEMENT FOR AN ADDITIONAL AIRBUS A330
As part of its previously announced Air Transat fleet renewal program, Transat A.T. Inc. has signed an agreement with lessor ILFC for the long-term leasing of an additional Airbus A330 wide-body jet, to be introduced in the fleet this summer.
Air Transat's fleet currently includes 12 Airbus A310s, which will be gradually withdrawn from service, and Airbus A330s. Nine of the latter are currently in use, and three more will be in operation by early 2012 including the one announced today.
May 7, 2011, 11:44 am
#77
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Unrelated. More likely AC noticed the influx of winter leased aircraft by Canjet, Sunwing and Jazz/Thomas Cook and figured they were missing a significant part of the market.
May 7, 2011, 9:33 pm
#79
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I wonder if this pre-emptive move was prompted by Westjet's experimentation with a "long legged" 757 this year?
If Westjet Vacations acquires further 757s then they could become an instant overseas threat. We are a nation of immigrants so the overseas market is perhaps more sure of a bet than domestic markets.
Sunwing is limited in range by their 737s.
Perhaps we will see Transat, Jazz/Thomas Cook, Westjet Vacations,A C Vacations in the same marketplace - the A330 and B757/767 overseas lift arena?
If Westjet Vacations acquires further 757s then they could become an instant overseas threat. We are a nation of immigrants so the overseas market is perhaps more sure of a bet than domestic markets.
Sunwing is limited in range by their 737s.
Perhaps we will see Transat, Jazz/Thomas Cook, Westjet Vacations,A C Vacations in the same marketplace - the A330 and B757/767 overseas lift arena?
Also note WS didn't "aquire" any 757's it merely wet leased one for a fairly short period of time. Whether that experiment worked or not will likely only be seen if the lease is repeated this winter on the same Alberta - Hawaii routes.
May 9, 2011, 7:33 am
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http://www.theglobeandmail.com/repor...rticle2014479/
Air Canada’s (AC.B-T2.40----%) chief executive officer is making an 11th-hour plea to pilots to ratify a tentative agreement that will create a low-cost carrier.
Calin Rovinescu said the country’s largest airline can’t afford to stand still because competitors are aggressively wooing travellers. Notable rivals include Montreal-based tour operator Transat A.T. Inc.’s airline division.
“Air Transat carries more traffic than any other airline between Canada and France,” he cautioned in an internal message to Air Canada pilots, who begin voting Monday on the tentative labour pact. Voting results are expected on May 19, after balloting is completed by the Air Canada Pilots Association.
“You may have seen with your own eyes the strong and growing competition from low-cost carriers, both here in North America and internationally,” Mr. Rovinescu said.
Over the past decade, Air Canada’s fleet has been shrinking.
“In 2000, we had a total mainline fleet of 214 aircraft, with 70 wide-bodies. At the end of 2010, we had 205 aircraft in our fleet, with 56 wide-bodies,” he said.
Air Canada’s (AC.B-T2.40----%) chief executive officer is making an 11th-hour plea to pilots to ratify a tentative agreement that will create a low-cost carrier.
Calin Rovinescu said the country’s largest airline can’t afford to stand still because competitors are aggressively wooing travellers. Notable rivals include Montreal-based tour operator Transat A.T. Inc.’s airline division.
“Air Transat carries more traffic than any other airline between Canada and France,” he cautioned in an internal message to Air Canada pilots, who begin voting Monday on the tentative labour pact. Voting results are expected on May 19, after balloting is completed by the Air Canada Pilots Association.
“You may have seen with your own eyes the strong and growing competition from low-cost carriers, both here in North America and internationally,” Mr. Rovinescu said.
Over the past decade, Air Canada’s fleet has been shrinking.
“In 2000, we had a total mainline fleet of 214 aircraft, with 70 wide-bodies. At the end of 2010, we had 205 aircraft in our fleet, with 56 wide-bodies,” he said.
May 9, 2011, 7:22 pm
#81
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Completely unrelated as TS has been phasing in the 330's as part of fleet renewal for a while now, at least 6-12 months and maybe longer.
Also note WS didn't "aquire" any 757's it merely wet leased one for a fairly short period of time. Whether that experiment worked or not will likely only be seen if the lease is repeated this winter on the same Alberta - Hawaii routes.
Also note WS didn't "aquire" any 757's it merely wet leased one for a fairly short period of time. Whether that experiment worked or not will likely only be seen if the lease is repeated this winter on the same Alberta - Hawaii routes.
May 9, 2011, 7:43 pm
#82
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And even more completely unrelated but Transat A.T. the parent company of Air Transat , Marlin Travel , Transat Holidays was not profitable as of the recent quarter and put the blame on intense competition. Likely AC sees low hanging fruit and wants a larger share of the market. If AC gets it's way then the pricing for packages to the sun/Europe will competitive for consumers (that is until one or more of the players implodes).
May 9, 2011, 7:50 pm
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And even more completely unrelated but Transat A.T. the parent company of Air Transat , Marlin Travel , Transat Holidays was not profitable as of the recent quarter and put the blame on intense competition. Likely AC sees low hanging fruit and wants a larger share of the market. If AC gets it's way then the pricing for packages to the sun/Europe will competitive for consumers (that is until one or more of the players implodes).
It's likely academic anyway as the pilots don't seem inclined to help Calin divide & conquer their ranks with this LCC plan.
May 9, 2011, 8:02 pm
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The market for sun/EU packages is already hyper comptetative and has chased AC from some notable routes including YYZ-GLA. Calin admits TS flys more pax to France from Canada than any other airline so that's hardly "low hanging fruit" for this new LCC to jump in and scoop up.
It's likely academic anyway as the pilots don't seem inclined to help Calin divide & conquer their ranks with this LCC plan.
It's likely academic anyway as the pilots don't seem inclined to help Calin divide & conquer their ranks with this LCC plan.
May 9, 2011, 10:03 pm
#85
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Originally Posted by Calin Rovinescu
“Air Transat carries more traffic than any other airline between Canada and France,”
Originally Posted by Q Shoe Guy
Even if the pilots are inclined it is seemingly unlikely that AC will make any money from this too.
May 9, 2011, 10:21 pm
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Actually looking at the market share for Canada/France the leader is AF-KLM......with the Sun under intense pressure from (you guessed it) Westjet.....take a look at the parent company's market share report. Even if the pilots are inclined it is seemingly unlikely that AC will make any money from this too.
May 9, 2011, 10:57 pm
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Nope looking at a certain employer(s) (whose holdings include travel agencies, tour companies, and an airline
) presentation to investors. Canada/France is dominated by AF-KLM with a 38% market share. UK/Canada is dominated by AC with 50% market share. The Caribbean and Mexico is really not so much dominated by anyone but it is notable that Transat AT lost money this quarter(it's winter season), while the competitor with the most gains of market share (WS) made more than it ever did.
) presentation to investors. Canada/France is dominated by AF-KLM with a 38% market share. UK/Canada is dominated by AC with 50% market share. The Caribbean and Mexico is really not so much dominated by anyone but it is notable that Transat AT lost money this quarter(it's winter season), while the competitor with the most gains of market share (WS) made more than it ever did.
May 9, 2011, 11:28 pm
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May 9, 2011, 11:32 pm
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Makes for better copy!
May 9, 2011, 11:34 pm
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