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-   -   Air Canada declared bancrupcy.... (https://gfy.com/showthread.php?t=121627)

Serge_Oprano 04-01-2003 04:21 PM

Air Canada declared bancrupcy....
 
serves you well for not supporting us in the war!

Fletch XXX 04-01-2003 04:23 PM

<img src=http://www.ctv.ca/archives/CTVNews/images/20030401/air_canada_030401/160_air_can_plane_Tail.jpg border="1">

jact 04-01-2003 04:23 PM

Eh?

hershie 04-01-2003 04:24 PM

There goes the air mile points from the past 5 years or so.:(

AdultNex 04-01-2003 04:24 PM

A $100-million program to compensate Canada's airlines for losses related to the Sept. 11 attacks was so rushed that Transport Canada started writing cheques without having final rules in place, says a new audit.

Large payments went out quickly to the big carriers with the rules still in flux and with inadequate financial scrutiny, resulting in a $10.5-million overpayment to Air Canada.

And no money went to hundreds of smaller carriers for more than two months while bureaucrats tried to come up with a final plan.

The audit report, commissioned by Transport Canada from BDO Dunwoody and Associates Ltd. of Nepean, Ont., was obtained under the Access to Information Act.

The first cheque, for $7.5 million, went to struggling Canada 3000 on Oct. 17 - about three weeks before the company went bankrupt.

Air Canada got a cheque for $71.3 million on Oct. 30; Air Transat for $4.2 million, also on Oct. 30; and WestJet for $1 million on Nov. 19.

The audit found that the rules were changed between the Canada 3000 payment and the payments to the other large carriers. Rules for 317 smaller carriers were not drawn up until Dec. 18, leaving them waiting two months and longer for a bailout.

Marcus 04-01-2003 04:25 PM

Swiss Air too

http://www.swissair.com

AdultNex 04-01-2003 04:25 PM

Speaking of anti-war sentiment, look what they're doing now:

http://www.webfin.com/en/news/news.html/?id=32509

buddyjuf 04-01-2003 04:33 PM

just sad :(
you walk in those beautiful airports, and the last thing that would hit your mind is that theyre declaring bankrupsy :(

funkmaster 04-01-2003 04:35 PM

american airlines is next on the list

LadyMischief 04-01-2003 04:37 PM

Fuck em.. I use WestJet anyways :)

directfiesta 04-01-2003 04:42 PM

Quote:

Originally posted by hershie
There goes the air mile points from the past 5 years or so.:(
I am going to Paris tonight, coming back tomorrow. At least, I will use my points... and get a fine dinner in first.

:glugglug

Easton 04-01-2003 05:26 PM

good, i'm glad... :)

funny, i wished they would go bankrupt in a thread i started about a week ago... hehehe... and it seems i got my wish

i just hope they can still get me to London tomorrow tho...

SpaceAce 04-01-2003 05:36 PM

Quote:

Originally posted by AdultNex
Speaking of anti-war sentiment, look what they're doing now:

http://www.webfin.com/en/news/news.html/?id=32509

hahahahahahahahahahahahahahahahahahahaha=
"If the Americans won't calm down, I'll start refusing to accept American Express and other U.S. credit cards," said Mabileau, adding he didn't think the move would hurt business.
hahahahahahahahahahahahahahahahahahahaha=

I've got news for him. If it won't affect <I>his</I> business, than it really won't hurt the multibillion dollar credit card conglomorates.

Edit: stupid banned double = signs.

SpaceAce

Simon-interaid 04-01-2003 05:45 PM

Quote:

Originally posted by Serge_Oprano
serves you well for not supporting us in the war!

:321GFY

JFK 04-01-2003 06:00 PM

FUCK .....DONT TELL ME....... I am Flying Air Canada in the morning FUCK FUCK FUCK:feels-hot :feels-hot :feels-hot the Cocksuckers put Canada 3000 out of business with predatory practices, and now they are back at the public trough again:321GFY :321GFY

Monk 04-01-2003 06:00 PM

hmmm.... I had enough airmiles for 10 round-trip flights anywhere in North America... that sucks.

Anybody know any other good airmiles type credit card plans?

Easton 04-01-2003 06:03 PM

Quote:

Originally posted by JFK
FUCK .....DONT TELL ME....... I am Flying Air Canada in the morning FUCK FUCK FUCK:feels-hot :feels-hot :feels-hot
yeah, me too, i fly them to London tomorrow afternoon... and between war, SARS and AC bankruptcy, i sure wish i could just stay home :(

Peaches 04-01-2003 06:06 PM

I haven't read about the bankruptcy, but at least in America, companies can be in bankruptcy and still stay in business. Has Air Canada completely closed up shop?

My fear is that with all the airlines going under, we can all say goodbye to low airfares. Growing up it used to cost thousands of dollars to fly where you can buy a ticket for $200 to now :(

Edited because I called the airline the wrong name - I'm blonde....

Dildozer 04-01-2003 06:10 PM

It's all the union's faults, serves them well for being greedy fucks anyway.

Every worker wants 3 cars and a boat nowadays.

Serves them fuckin well.

evildick 04-01-2003 06:16 PM

Quote:

Originally posted by Dildozer
It's all the union's faults, serves them well for being greedy fucks anyway.

Every worker wants 3 cars and a boat nowadays.

Serves them fuckin well.

They're always the problem.

:BangBang: Unions

The local auto plant is the only place where the janitor makes more than the network technicians.

jimmyf 04-01-2003 06:23 PM

Quote:

Originally posted by AdultNex
Speaking of anti-war sentiment, look what they're doing now:

http://www.webfin.com/en/news/news.html/?id=32509

Won't last, this won't I know ("FRANKFURT, Germany (AP) -- Some European restaurants are halting sales of Coca-Cola, Marlboro cigarettes and other U.S. brands in boycotts spurred by anti-war sentiment.

In the northern port city of Hamburg, 10 owners of French restaurants decided last week to strike spirits, tobacco and other goods with U.S. brand names from their menus.") People just won't go to those business's.

Shit I use to make a lot of money, on the black market back in the 1960's, All countries over there EAT up American " Coffee and Cigarettes". I could go into ANY little Bar with a can of COFFEE, they would line up. Won't last the boycott, I give it 1 week at the most. They love American stuff.

Oh Hamburg use to have a real good whore house.:thumbsup

Serge_Oprano 04-01-2003 07:10 PM

god bless those idiots...

USA is the country of CONSUMERS,
we ALWAYS buy more from them thasn they from us,
they can't fire us, we can fire them.

Let's see those cretins driving themselves in the new recession,
as I will not buy Mercedes this year and buy Lexus instead..

how many Marlboros 1 Merc buys?

fuck you, imbeccils
;-)))

Serge_Oprano 04-01-2003 07:14 PM

Quote:

Originally posted by Peaches
I haven't read about the bankruptcy, but at least in America, companies can be in bankruptcy and still stay in business. Has Air Canada completely closed up shop?

My fear is that with all the airlines going under, we can all say goodbye to low airfares. Growing up it used to cost thousands of dollars to fly where you can buy a ticket for $200 to now :(

Edited because I called the airline the wrong name - I'm blonde....

Peaches,
http://www.aircanada.ca/notice/

FlyingIguana 04-01-2003 07:19 PM

Quote:

Originally posted by Serge_Oprano
serves you well for not supporting us in the war!
why should we support it? the states shouldn't have went in without UN approval. you can't just go walking into countries and expect noting to happen. the whole arab world thinks american is after nothing but oil.

this war might escalate violence in the world.

hyper 04-01-2003 07:37 PM

fuck the airlines

there are many viable air carriers in the world, and all these people is blame Sept. 11 and the war

Fuck these cocksucker CEO's
that get millions a yr in Salary and Bonuses.

Its not about terrorism and war,
it's about irresponsible management
Let them crash and burn

Simon-interaid 04-01-2003 07:38 PM

Quote:

Originally posted by Serge_Oprano


Peaches,
http://www.aircanada.ca/notice/




And how many of your airlines are bankrupt?


:1orglaugh :1orglaugh

JFK 04-01-2003 08:01 PM

Quote:

Originally posted by hyper
fuck the airlines

there are many viable air carriers in the world, and all these people is blame Sept. 11 and the war

Fuck these cocksucker CEO's
that get millions a yr in Salary and Bonuses.

Its not about terrorism and war,
it's about irresponsible management
Let them crash and burn

Right on.....irresponsible management !! These bastards are using 9/11 as a catch all excuse for their own failings:2 cents:

quiet 04-01-2003 08:06 PM

i couldn't care less. just keep that sweet exchange rate as payment (though clearly not as sweet as years past). if only we were paid in euros ;)


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