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Old July 22nd, 2009, 03:02 PM   #901
hkskyline
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Cost cutting forecast at strained Air Canada
22 July 2009
The Globe and Mail

In aviation investment circles, Houston-based Continental Airlines Inc. has become a bellwether for the fortunes of Air Canada because the Canadian carrier has been modelling its customer service strategy after the U.S. airline.

Air Canada, for instance, recently cancelled a $25 service fee that had been charged to customers who booked through the airline's call centre.

But Continental, often cited by industry observers as a success story in the embattled airline sector, announced yesterday that it lost $213-million (U.S.) in the second quarter and will have to raise fees charged to consumers for some services in an effort to boost revenue.

“Second-quarter results were adversely affected by significant declines in high-yield traffic as many business travellers curtailed travel or purchased lower-yield economy tickets due to the weakened economy,” Continental said in a statement.

For Air Canada, which also depends on business traffic to bolster its finances, Continental's rough ride is serving as a warning of more turbulence ahead. With the recession eroding travel demand, Continental is cutting 1,700 jobs, or about 4 per cent of its work force, while rival United Airlines plans to shrink its international seat capacity by 7 per cent for the final four months of this year.

Beyond North America, global carriers such as British Airways PLC are struggling, underscoring the sharp drop in premium business traffic.

Research Capital Corp. analyst Jacques Kavafian said yesterday that Air Canada appears headed for a round of cost-cutting measures that could include layoffs, even though the money-losing airline has secured new labour contracts and is poised to receive pension relief and land $600-million (Canadian) in loans.

Mr. Kavafian cautions investors against buying Air Canada stock on price dips, saying the carrier faces high fuel bills, fierce competition from WestJet Airlines Ltd., a $2.9-billion pension-solvency deficit and $4.8-billion in long-term debt and capital leases.

“We believe there will be substantial layoffs, as it is impossible to restructure the business without them,” Mr. Kavafian said in a research note on Air Canada.

His comments came on the same day that Continental and Chicago-based UAL Corp., the parent of United Airlines, announced second-quarter losses, excluding hedging gains, while Southwest Airlines Co. of Dallas posted a sharply lower profit.

“The airline market appears to be deteriorating, making a restructuring at Air Canada even more urgent,” Mr. Kavafian said. “We believe that in a restructuring, the company must cut 25 per cent of its capacity and 25 per cent of its expenses.”

Mr. Kavafian is pessimistic about the carrier's finances, forecasting that Air Canada could post a $1.1-billion loss this year and a $672-million loss in 2010.

ACE Aviation Holdings Inc., which owns 75 per cent of Air Canada, placed the carrier in “an uncompetitive situation” when it spun off loyalty program Aeroplan in 2005 and regional airline Jazz in 2006, he said.

Air Canada has rejected Mr. Kavafian's past assertions that the carrier would have to chop roughly half of its routes. The analyst still reckons that Air Canada needs to cut a minimum of one-quarter of its costs just to break even. “We believe the shares may become worthless and recommend investors sell,” he wrote.

But BMO Nesbitt Burns Inc.'s Claude Proulx, who has a $2 target price on the airline, said the “probability of Air Canada's continued solvency” has improved.
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Old July 22nd, 2009, 09:33 PM   #902
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Old July 23rd, 2009, 09:56 PM   #903
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Expect Air Canada layoffs: analyst
21 July 2009
The Globe and Mail

Air Canada appears headed for a round of cost-cutting measures that could include layoffs, even though the airline has signed new labour contracts and is poised to receive pension relief and land new loans, says industry analyst Jacques Kavafian.

“We fear that the employees voted for the new labour agreement with wrong expectations that there would be no layoffs. We believe there will be substantial layoffs as it is impossible to restructure the business without them,” Mr. Kavafian said in a research note Tuesday.

In exchange for supporting a pension funding moratorium, unions would be awarded shares to be credited to the pension plan, which has a $2.9-billion solvency deficit. The airline's five unions combined stand to receive a 15-per-cent equity stake in Air Canada, as part of recently signed 21-month collective agreements.

Ottawa needs to approve the carrier's pension relief proposal.

Employees might also be paid $500 each, if Air Canada posts an after-tax profit of at least $210-million in 2010, but Mr. Kavafian is pessimistic about the carrier's finances.

He lowered his 2009 estimate for EBITDAR (earnings before interest, taxes, depreciation, amortization and aircraft rent) to $344-million from $1.1-billion. For next year, his EBITDAR estimate fell to $266-million from $938-million.

“The airline market appears to be deteriorating, making a restructuring at Air Canada even more urgent,” Mr. Kavafian said. “We believe that in a restructuring, the company must cut 25 per cent of its capacity and 25 per cent of its expenses. Capacity cuts should benefit WestJet.”

He said ACE Aviation Holdings Inc., which owns 75 per cent of Air Canada, placed the carrier in “an uncompetitive situation” when it spun off loyalty program Aeroplan in 2005 and regional airline Jazz in 2006.

“We believe Air Canada pays too much for the service it gets from Jazz, thus it must address this inequality,” Mr. Kavafian said. “We believe that Aeroplan, too, unfairly benefits from its relationship with Air Canada and that inequality must be addressed as well.”

Air Canada has rejected Mr. Kavafian's past assertions that the carrier would have to chop roughly half of its routes, including removing 155 planes from a fleet of 333 aircraft painted with Air Canada and Jazz logos. In April, he estimated that 118 of 133 planes under the Jazz banner could be removed from service and 37 Air Canada jets could also be cut from active duty.

The analyst has now backed off from that scenario, but still reckons that Air Canada needs to cut a minimum of one-quarter of its costs just to break even.

“We believe the shares may become worthless and recommend investors sell,” Mr. Kavafian wrote.
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Old July 27th, 2009, 07:28 PM   #904
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Restore sanity and regulation to the Canadian airline industry
Air Canada's second brush with bankruptcy proves that deregulation has been a failure

27 July 2009
The Toronto Star

As chief negotiator for the CAW in the recent round of talks with Air Canada, I have seen first-hand the shortcomings of privatizing and deregulating key sectors of our economy.

After months of bargaining, all five Air Canada unions have now agreed to cost-neutral collective agreements for a period of 21 months. We've joined the retirees in agreeing to allow Air Canada a funding moratorium on past contributions to the pension plan for the same period. This is a funding risk that will be borne by the employees and retirees in order to help Air Canada through bad times.

Air Canada is once again teetering on the brink of bankruptcy protection (CCAA), after just emerging from CCAA six years ago.

At that time, the courts approved a plan that saw Air Canada Enterprises (ACE) take on the role of major shareholder of Air Canada. ACE spun off key profitable segments of Air Canada, such as the Aeroplan rewards program, the maintenance section, and its regional carrier, Air Canada Jazz.

These were sold for huge profits that benefited the investors, especially U.S. hedge funds, and the key executives, including Robert Milton, who happily pocketed his share. This is the kind of irresponsible corporate behaviour that is driving Americans crazy but doesn't seem to attract much notice here in Canada.

Throughout this process, Air Canada workers have borne the brunt of the restructuring. Under bankruptcy they gave up more than $2 billion in cost savings to Air Canada only to see this money travel right into the pockets of the investors.

The airline is so short-staffed that when bad weather hit last December during the holiday period, Canadian air travel ground to a halt and there was not enough staff to deal with the crisis. The travelling public took out its frustrations on the same workers who were trying to hold the operation together.

Opposition to so-called Big Government and the Nanny State fostered the climate that led to Air Canada's current precarious state. In Canada and around the world, governments of all stripes fell into the trap of "the private sector does it better."

Certainly this philosophy made some people very rich, but it also left some governments nearly bankrupt, eroded key services like health care and transportation, and exposed a philosophy of greed that works against the public interest. Ask anyone affected by the financial meltdown inflicted on the world by Wall Street how effective the unregulated private sector can be.

Airline deregulation has led to the bankruptcy and disappearance of dozens of companies with all the usual pain and heartache for the staff and travelling public. Since Air Canada was privatized it has lost a grand total of almost $6 billion.

The latest downturn in the economy has created a crisis for many of the world's airlines, but for companies like Air Canada, which was already in a precarious state, the loss of revenue, the poor hedging of fuel prices, currency fluctuations, and the poor state of pension plan investments added to its economic difficulty.

Competing companies like West Jet and Porter predictably react by adding more airline capacity to the market, even when travel is declining, in the hope of further damaging Air Canada so that they can gain more market share. This illogical behaviour is encouraged under our current "anything goes" air travel regime.

Unions have once again done the responsible thing by holding the line and trying to keep the company out of bankruptcy, with retirees joining in the effort. But ultimately, we need some sanity and some regulation restored to our air travel.

This doesn't mean returning to the old ways. A modern regulatory system would prevent the dramatic swings in the airline sector by imposing responsible limits on the overall capacity growth of carriers. It would stop the destructive attacks of one company on another through excess capacity.

It would also mean our federal government taking an equity stake in Air Canada - not buying the whole company or running the day-to-day operation, but helping with its long-term financial stability.

If the alternative is a complete foreign takeover, such as happened with our railway system, keeping our government involved in our national air carrier is definitely preferable.

The travelling public in Canada, and the workforce who serve them, have endured enough.

Let's not let another travel business needlessly go under. It's time to put some sanity back into our national airline.

Peggy Nash is the assistant to CAW national president Ken Lewenza and a former NDP MP for Parkdale-High Park.
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Old July 29th, 2009, 06:37 PM   #905
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Jazz deal could save Air Canada C$40 mln in 2010
29 July 2009

VANCOUVER, British Columbia (Reuters) - Jazz Air Income Fund's renegotiated deal with Air Canada could save the cash-strapped national carrier about C$40 million ($37 million) next year and help to keep it out of bankruptcy court, analysts said Wednesday.

Jazz, which is the regional feeder airline to Air Canada, announced overnight that it will slash its annual distribution by 40 percent as it reduces its fleet and changes the terms of its deal with Air Canada to help the larger airline attain "sustainable profitability".

"With the disclosure, the uncertainty surrounding the possibility of a filing by Air Canada is lessened," said Chris Murray, an airlines analyst at CIBC World Markets.

Jazz's units, however, slumped 8 percent, or 28 Canadian cents, to C$3.30 on the Toronto Stock Exchange Wednesday morning as many investors who hold the security primarily for its monthly cash distributions dumped it.

Jazz's management tried to allay investor fears that there would be no more cuts to the now 60 cent a year annual payout.

"We do believe we can sustain that even when we become taxable in 2011," Jazz President and Chief Executive Joseph Randell said on a conference call.

Debt-laden Air Canada, which is working against the clock to raise financing to keep it out of bankruptcy court, is Jazz's primary customer.

Analysts have said that Air Canada needs better deals with Jazz and with its Aeroplan loyalty program manager to help it survive in an era of reduced air travel. The airline has already cut deals with its unions and won extra time from the government to top up its pension fund.

Air Canada's B shares were down 1 Canadian cent at C$1.50. Its A shares were unchanged at C$1.50.

($1=$1.09 Canadian)
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Old July 29th, 2009, 10:26 PM   #906
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Canada and Emirates Airline rift grows

Ivan Gale
Last Updated: July 26. 2009 11:17PM UAE / July 26. 2009 7:17PM GMT

Emirates Airline has hit back at Canadian officials and called their language “aggressive, often biased and deeply offensive”, after a transport agency said the airline should be blocked from further access into the country because of unfair government support.

The rebuke from Andrew Parker, the airline’s top governmental affairs executive, was in response to a presentation by Transport Canada, the country’s leading agency governing air travel. Transport Canada called Emirates and Etihad Airways “instruments of government policy”.

“The governments are helping finance massive wide-body aircraft orders and massive expansion of airport infrastructure,” it said during the presentation at a private briefing to stakeholders. A copy of the presentation was obtained by the Toronto Star.
The spat follows a campaign of nearly two years by Emirates to expand beyond its current allotment of three flights a week to the country of 32 million residents. It wants to service 21 flights a week through daily trips between Dubai and Toronto, Vancouver and Calgary.

However, its efforts have so far have been blocked by the Canadian government to protect the country’s ailing flag carrier, Air Canada, which depends on lucrative international traffic to India and elsewhere after facing stiff competition from a domestic rival, Jetstar.

With new aircraft, government owners and the full support of the UAE’s civil aviation authorities, Emirates and Etihad Airways have been dogged by claims of unfair support from rivals since the airlines were launched. The claims often revolve around subsidised fuel, low airport landing fees and financial assistance for aircraft purchases, although they have never been verified.

Emirates and Etihad say the statements reveal fundamental misperceptions about the carriers. They say the airlines have raised billions of dollars from institutions, not their government backers, to finance their purchases.

“Emirates does not receive any subsidies, guarantees, or any other financial support from the Government of Dubai,” said Gary Chapman, the president of Emirates Group Services and Dnata. “To fund our aircraft purchases, Emirates has a robust and diversified financing strategy which utilises various instruments including bonds, financial and operating leases, Islamic structures and export credit-supported structures.”

An Etihad spokesman said yesterday the company had arranged loans from 25 institutions in Asia, Europe, the US and the Middle East. “Etihad Airways operates on a level commercial playing field and receive no subsidies, sovereign guarantees or fuel discounts. We have a genuine commercial mandate,” he said.

Emirates Airline’s efforts in Canada gathered momentum in March last year when it enlisted the services of a local lobbying firm, Temple Scott Associates. Over a 16-month period, nine executives from the firm wrote letters and communicated with Canadian government officials to lobby on behalf of Emirates, according to documents provided by the Office of the Commissioner of Lobbying in Canada. The agencies included Foreign Affairs and International Trade Canada, Industry Canada, Transport Canada, the Canadian Tourism Commission and the Senate of Canada.

The documents also show that Tim Clark, the president of Emirates, personally contacted members of the Canadian government on six occasions.

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http://www.thenational.ae/apps/pbcs....707269955/1057
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Old July 30th, 2009, 06:03 PM   #907
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Air Canada lands deals to secure $1 billion
Liquidity injection should buy troubled airline breathing room

30 July 2009
The Toronto Star

Cash-strapped Air Canada has raised more than $1 billion in new financing from a range of financial and industry sources in a bid to avoid its second filing for bankruptcy protection in less than six years.

Battered by the weak economy, the country's largest airline said yesterday it has entered into an agreement initially worth $600 million with GE Canada Finance Holding Co. ($50 million); Export Development Canada ($250 million); its former frequent-flyer program Aeroplan and its parent ACE Aviation Holdings Inc. ($150 million each).

The loan, secured barely two days before Air Canada was scheduled to make its next pension payment, comes with a minimum 12.75 per cent interest rate and was a condition of recent labour agreements signed with employees.

Observers said the liquidity injection should allow Air Canada to avoid filing under the Companies' Creditors Arrangement Act in the near future.

"This is an important piece to keep them going," said Karl Moore, a business professor at McGill University. "It doesn't guarantee that they won't go into CCAA in six months or a year - that depends on business conditions - but it certainly gives them quite a bit of breathing room."

Air Canada said yesterday it has also successfully renegotiated agreements with key suppliers to bring its total available financing to $1.02 billion. That included reaching terms with GE Capital Aviation Services to sell and lease back three of its new Boeing 777 planes.

Another deal, with Boeing Co., will delay by one year the arrival of the first of 37 Boeing 787 "Dreamliners" until the second half of 2013. The deal reduces the options Air Canada holds on additional 787 purchases to 13, from 23 previously.

"By any measure, raising $1 billion in new liquidity is a tremendous achievement, particularly in view of current credit markets and the state of the airline industry," said Calin Rovinescu, Air Canada's chief executive, in a statement.

However, he cautioned that the financing simply buys Air Canada more time to execute a comprehensive restructuring plan that can deliver "sustainable profitability."

As evidenced by the plethora of seat sales, several North American carriers are barely managing to scrape by at a time when consumers have radically scaled back their spending on air travel.

Rovinescu, who helped guide Air Canada through its previous restructuring, was hired in April to replace former CEO Montie Brewer. He has since managed to secure key agreements with unionized workers that include wage freezes and a 21-month moratorium on payments into pension plans - a change approved by Ottawa.

Air Canada also said this week it has renegotiated its capacity purchase agreement with the regional carrier Jazz, now separately owned, that will help it reduce costs.
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Old August 4th, 2009, 03:50 AM   #908
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A round trip flight from Cancun to Toronto costs CAN$340.
OMG.! is so cheap why Aeromexico is so expensive.!
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Old August 4th, 2009, 09:30 AM   #909
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Quote:
Originally Posted by Comal Mall View Post
A round trip flight from Cancun to Toronto costs CAN$340.
OMG.! is so cheap why Aeromexico is so expensive.!
Not bad ... but could it be because of the downturn and swine flu fears - so they reduce the fares to entice visitors to return?
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Old August 4th, 2009, 11:15 AM   #910
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I wonder who owns these guys. Nice airline. 73NG for life!

Go American or go Home!!!!!!!!!!
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Old August 6th, 2009, 12:53 PM   #911
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Air Canada says flew fuller planes in July

VANCOUVER, British Columbia, Aug 5 (Reuters) - Air Canada flew fuller planes in July, despite a recession-driven slowdown in air travel, as it carefully managed its capacity during the traditionally busier summer months.

The airline said its consolidated load factor, the percentage of available seats that are filled with paying passengers, rose to 83.6 percent in July from 83 percent in the same month last year.

"Consolidated" figures include data from Jazz Air , from which Air Canada buys regional flying capacity.

System traffic decreased 3.3 percent on a capacity reduction of 4.1 percent system wide, Air Canada said.

"This result, achieved despite persistent weakness in the global economy, is attributable to our disciplined approach to managing capacity, evidenced by the stable load factors across our entire global network," Calin Rovinescu, Air Canada's president and chief executive, said in a statement.

Rovinescu said Canada's biggest airline was focused on securing customers' loyalty and "working towards sustained profitability".
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Old August 6th, 2009, 06:42 PM   #912
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WestJet profit drops but beats expectations

OTTAWA , Aug 6 (Reuters) - WestJet Airlines Ltd posted a 66 percent drop in quarterly earnings on Thursday as a weak economy squeezed travel demand, and the carrier said it expects no real improvement this year in revenue per seat mile.

Still, the results at Canada's No. 2 airline were better than expected, helped by lower fuel costs and stronger than anticipated unit revenue, and the company's shares jumped 4.7 percent in early trade.

Westjet said earnings came in at C$9.2 million ($8.59 million), or 7 Canadian cents a share, in the second quarter. That compares with a profit of C$26.8 million, or 21 Canadian cents a share, in the same period a year earlier.

Analysts, on average, had expected the low-cost, no-frills airline to report earnings of 4 Canadian cents a share on revenue of C$529.5 million, according to Reuters Estimates.

WestJet's revenue fell 13.8 percent to C$531 million.

UBS analyst Fadi Chamoun said the results were "modestly" better than forecast, and that earnings per share were closer to 10 Canadian cents after stripping out foreign exchange and non-operating items.

To counter deteriorating demand, WestJet said it will use more efficient scheduling to reduce its aircraft utilization rate over the next six months.

That will result in a third-quarter capacity decline of between 1 percent and 2 percent, with full-year capacity now seen growing by 2 percent to 3 percent.

Economic turmoil and aggressive pricing hurt quarterly results, WestJet said, though lower fuel prices significantly reduced costs per available seat mile and profit erosion, the company said.

Despite some indications that the economy may by improving, gains for the airline industry typically lag economic improvement by six or more months, Chief Executive Sean Durfy said in a statement.

The airline, which competes with Air Canada domestically and is one of the few profitable North American carriers, said revenue per available seat mile dropped 15.4 percent in the quarter.

The airline increased capacity by 1.9 percent during the quarter, while its load factor, or the number of seats filled, fell by 3.4 percentage points to 76.1 percent.

The Calgary-Alberta based company said it plans to take delivery of two new aircraft in August and five aircraft in the fourth quarter, boosting its fleet to 86 planes.

The introduction of 11 new destinations and three new countries to the carrier's winter schedule is expected to capture additional market share, WestJet said.

Shares rose 50 Canadian cents to C$11.19 on the Toronto Stock Exchange in early trade on Thursday. ($1=$1.07 Canadian)
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Old August 9th, 2009, 06:17 PM   #913
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Air Canada seeks $500M boost
8 August 2009
National Post

After securing more than $1-billion in additional liquidity and a moratorium on its pension obligations in recent weeks, Air Canada says it is now turning the page in its restructuring with the goal of bolstering its balance sheet with $500-million in cost and revenue initiatives over the next three years.

The bulk of that will stem from cost cuts. Air Canada aims to reduce its annual expenses by $400-million by 2011 and has already identified initiatives from all facets of its operations, from scheduling, fleet, routes and supplier relationships, like its recently amended partnership with its regional partner, Jazz.

"Raising the new liquidity provides us with a window of opportunity to make structural changes which we cannot and will not squander," said Calin Rovinescu, Air Canada chief executive, on a conference call.

He added that the carrier has created an internal "SWAT team" of sorts that will ensure the 100-plus cost-cutting initiatives are implemented.

While those efforts won't directly target labour costs, Mr. Rovinescu acknowledged that the efficiencies gained may eventually impact staffing levels.

On the other side of the ledger, Air Canada intends to improve sales by, amongst other things, being more customer-friendly, launching a new Transatlantic partnership with United, Continental, and Lufthansa, and by reaching out to distributors, like it did by offering more commissions to travel agents in June.

The plan is to recognize $50-million in improvements in 2009, $250-million by 2010, and the full $500-million by 2011, management said.

"Everything will be thoroughly evaluated over the next short while with a sense of urgency," Mr. Rovinescu said. "Nothing will be overlooked."

The news follows Air Canada reporting a 27% increase in its second-quarter profit yesterday to $155-million, or $1.55 a share. However, excluding a one-time $355-million foreign exchange gain and other onetime items, the carrier reported a loss of $1.29 a share on a fully diluted basis.

Passenger revenue fell 16% during the quarter due to lower fares as carriers around the globe continue cut prices in order to stimulate demand.

In order to offset that weaker demand, Air Canada said it will ground some of its planes this winter in order to cut its capacity by 3% to 4% in the third quarter, and by 3.5% to 4.5% for the year as a whole, or roughly 0.5% lower than its previous forecast.

WestJet Airlines Ltd. said this week that it too will cut is capacity in the third quarter by up to 2%, and is in talks with the Boeing Co. to potentially delay the delivery of some of its new aircraft starting as early as next year.

Analysts expect this to improve the pricing environment for both carriers, but still expect an extremely competitive environment for at least the remainder of the year.

While Air Canada is doing what it needs to do, it's still not enough at this point to get excited about the stock, said Cameron Doerksen, Versant Partners analyst.

"It's still a pretty brutal operating environment," he said. "I'm still optimistic that as we enter 2010 demand will improve, but it's not certain, and Air Canada's leverage is such that if we don't get an improvement, or you have a spike in fuel prices, or some other crisis, they would be put in a pretty difficult position."
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Old August 12th, 2009, 07:17 PM   #914
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Air Canada suspends implementation of next-gen Polaris reservations system

Wednesday August 12, 2009
News from Travel Technology Update: Air Canada suspended activity related to the implementation of a new reservations system under development with ITA Software.

The carrier recorded a second-quarter impairment charge of C$67 million (US$61.9 million) related to the development of the system, dubbed Polaris.

Mike Russo, Air Canada's chief financial officer, said the decision came after several months of reviewing all ongoing and planned capital expenditures. "We had projected close to $40 million [US$37 million] in additional capital expenditures, most planned for 2010" in connection with the new system, he said. Air Canada will continue working toward the implementation of certain components of the solution, such as shopping and Web fare technology, Russo said.

The news came as Air Canada reported net income of C$155 million in the second quarter, up from C$122 million in the second quarter of 2008. The increase was boosted largely by foreign-exchange gains. But it reported an operating loss of C$113 million, compared to operating income of C$7 million in the second quarter of 2008.

In addition, passenger revenue decreased by $396 million, or 16%, from the second quarter of 2008 due to a decline in yield of 8.9% and a drop in traffic of 7.9%.

Air Canada and ITA Software signed a contract in September 2006 for the development of a new-generation system to replace its legacy RES III system, which was managed by IBM. The transition to the new system originally was envisioned for 2007, with a rollout of airport modules in 2008.

But, as is often the case with transitions to new systems, the original schedule was overly optimistic. In April 2007, Air Canada said the developmental work on ITA's side would be completed by the fall of that year. Little news on the project was forthcoming after that point.

Calin Rovinescu, Air Canada's chief executive officer, emphasized that the carrier has "a great relationship with ITA. They've done great work." He said Air Canada will revisit the Polaris project in the future, "but since we don't know when that future will come, we took the conservative approach of writing it down."

He said the implementation of the Web and fare components would result in some cost savings, as would "other improvements to our existing reservations system."

Cara Kretz, ITA Software's vice president of corporate communications, said the reservations systems can be used for any other airline. "There are nuances and specific features designed for Air Canada, but we're not building a one-size-fits-all system," she said. "It's completely flexible and configurable, and you can make changes as you go."

Kretz said ITA is talking to other airlines about using the system. "We are actively engaged with them and providing live demos," she said. The company is not planning any shift in focus, she said. "We have a clear strategy, and Air Canada's announcement doesn't change that at all," she said.

Kretz added that ITA is not planning any headcount reduction. "We are well capitalized, and we will continue to hire as planned," she said.


http://atwonline.com/news/story.html?storyID=17518
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Old August 12th, 2009, 07:18 PM   #915
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Air Canada flight diverted to Boeing Field

SEATTLE -- An Air Canada flight made an unscheduled landing at Boeing Field Tuesday evening after the pilot reported a possible problem with the wing slats.

Flight 541 was inbound from Toronto and heading to Sea-Tac Airport when the issue arose on approach around 8 p.m., said Sea-Tac Airport spokesman Perry Cooper.

A passenger on the plane said nothing was out of the ordinary until they reached the city.

"We were coming in approaching a normal way over 520 then basically heading south, and right before the airport, the plane veered toward the Sound," said Rob Cromwell. "The plane was circling for quite some time... and the pilot would come on occasionally saying there was a problem with the flaps and they were trying to figure it out."

Cooper said his information was that the problem was with the wing slats. Since slats help control plane speed, the pilot was likely asking for the longest runway possible as a precaution, but Sea-Tac's 10,000-foot runway is closed for the summer due to construction. It's next-longest at 9,600 feet was available, Cooper said, but the pilot instead asked to divert to nearby Boeing Field and use that airport's 10,000-foot runway.

Cromwell said people held together pretty well as the plane circled over Seattle, but, 'it was definitely tense," he said. "You could hear a pin drop."

The plane landed safely at 8:30 and no one was injured.

"Considering, the landing was pretty good, actually, wasn't too rough," Cromwell said. "You could tell we were coming in a lot faster than normal, (but) after we touched down, it seemed like a normal landing."

Air Canada's Web site reports the plane was an Embrarer 190, which can carry 93 passengers. Cooper said he believed there were 79 people on board.

http://www.komonews.com/news/53006477.html
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Old August 15th, 2009, 06:28 PM   #916
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By doraemon from HKADB :

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Old August 16th, 2009, 03:40 AM   #917
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^YVR?
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Old August 16th, 2009, 07:32 AM   #918
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^YVR?
Tokyo actually.
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Old August 18th, 2009, 03:11 AM   #919
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Tokyo actually.
Thank you. for AC. The future is in the pacific world.
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Old August 19th, 2009, 03:41 PM   #920
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Air Canada will add Hawaii-Calgary flights

Air Canada will launch nonstop seasonal service between Hawaii and Calgary in December.

The airline announced Tuesday that it will begin the service between Kahului, Maui, and Calgary on Dec. 5 and between Honolulu and Calgary on Dec. 6.

It estimates that travelers will save two and a-half hours of flying time in each direction, compared to alternative routes.

“We expect this new service to be particularly popular with Albertans looking to escape winter and enjoy the tropical Hawaiian Islands,” said Marcel Forget, vice president of network planning for Air Canada, in a prepared statement. “Air Canada’s new Hawaii-Calgary flights are also timed for convenient connections to and from Edmonton and other points in Alberta, Saskatchewan, Manitoba, Toronto and points across eastern Canada.”

The flights will be operated on Boeing 767-300ER aircraft and offer executive and economy class seats.

Air Canada will offer up to five weekly flights from Hawaii to Calgary, including two flights a week from Honolulu and three from Maui.

The carrier already has 15 weekly flights during winter months between Hawaii and Vancouver.

http://www.bizjournals.com/pacific/s...7/daily26.html
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