04-01-2009, 05:19 AM
As some of you may or may not know, I am employed with Air Canada. It looks like, (mumblings and grumblings for months now) that service may be disrupted this summer as our collective agreement goes up for arbitration as of June 1st 2009. The employees may be working through the summer without some sort of tentative deal.
Now your asking yourself, "What is this guy blabering about??" Underlying meaning behind my rambling is.... If you have plans to go anywhere this summer on any Air Canada flight, you may end up NOT going, or have your trip interupted, with ground delays and low employee/staffing levels. :blink:
Check with your travel agent and ask them if there are any other options in terms of travelling with another carrier just in case something DOES happen. It pretty much looks like WE (the company) will be filing for bankruptcy protection (yet again) and the cuts will start as soon as the paperwork hits the table. :o
Montie Brewer (story will be linked momentarilly), former CEO of AC, formally resigned yesterday, as a final farewell (which the story hasn't been published yet) cut out our monthly bonus for on time departures. Now what does that mean?? A lot of people look at it as, "well there a bunch of bag-monkeys who toss bags and blah blah blah!" when you take the incentive out of working hard basically you get the old adage of "when you pay peanuts you get monkeys" lol.
Most of the sur-plus funding, which should of been set aside for the retiring pensioners who put in about 25-30 years, was re-invested into the fleet of aircraft prematurely. Now WE (employees of AC) received a package mail-out the other day saying that the company "might" dip into the pension fund to help alleviate some/most of the costs relating to operating an airline, with a weak explanation of "pension solvency", in other words we need to borrow your money that you contributed but we may not have enough to pay you back.
If you know anybody or yourselves for that matter who have any stock with Air Canada, or Air Miles, cash them out or ask your local credit card company whom you deal with what the forcasted options would be for you. Robert Milton the so-called saviour of Air Canada, who merged "Canadian" airlines into the fleet, is being swayed/lured over to become XO or some form of CEO with British Airlines. This basically means that if he does go over there he will dump all of his remaining shares with AC (which are basically trading for a cup of coffee now) and will basically flatline any value of them whatsoever.
Please don't take this as a rant or some sort mis-guided hatred towards my employer. This is just a friendly heads-up to my fellow Focus Folks! Who I know work hard to enjoy whatever time they have off, and I would hate to see their hard-earned vacation interupted by greedy executives stepping on the throats of the people who bank-roll their lifestyle .
Montie Brewer resignation:
http://www.financialpost.com/story.html?id=1445585
A little read-up on Robert Milton (an older article but read betweeen the lines to see what holds of the future) I sound like one of those carnival fortune tellers lol!
http://www.thestar.com/article/558486
Thank you for your time. ;)
Now your asking yourself, "What is this guy blabering about??" Underlying meaning behind my rambling is.... If you have plans to go anywhere this summer on any Air Canada flight, you may end up NOT going, or have your trip interupted, with ground delays and low employee/staffing levels. :blink:
Check with your travel agent and ask them if there are any other options in terms of travelling with another carrier just in case something DOES happen. It pretty much looks like WE (the company) will be filing for bankruptcy protection (yet again) and the cuts will start as soon as the paperwork hits the table. :o
Montie Brewer (story will be linked momentarilly), former CEO of AC, formally resigned yesterday, as a final farewell (which the story hasn't been published yet) cut out our monthly bonus for on time departures. Now what does that mean?? A lot of people look at it as, "well there a bunch of bag-monkeys who toss bags and blah blah blah!" when you take the incentive out of working hard basically you get the old adage of "when you pay peanuts you get monkeys" lol.
Most of the sur-plus funding, which should of been set aside for the retiring pensioners who put in about 25-30 years, was re-invested into the fleet of aircraft prematurely. Now WE (employees of AC) received a package mail-out the other day saying that the company "might" dip into the pension fund to help alleviate some/most of the costs relating to operating an airline, with a weak explanation of "pension solvency", in other words we need to borrow your money that you contributed but we may not have enough to pay you back.
If you know anybody or yourselves for that matter who have any stock with Air Canada, or Air Miles, cash them out or ask your local credit card company whom you deal with what the forcasted options would be for you. Robert Milton the so-called saviour of Air Canada, who merged "Canadian" airlines into the fleet, is being swayed/lured over to become XO or some form of CEO with British Airlines. This basically means that if he does go over there he will dump all of his remaining shares with AC (which are basically trading for a cup of coffee now) and will basically flatline any value of them whatsoever.
Please don't take this as a rant or some sort mis-guided hatred towards my employer. This is just a friendly heads-up to my fellow Focus Folks! Who I know work hard to enjoy whatever time they have off, and I would hate to see their hard-earned vacation interupted by greedy executives stepping on the throats of the people who bank-roll their lifestyle .
Montie Brewer resignation:
http://www.financialpost.com/story.html?id=1445585
A little read-up on Robert Milton (an older article but read betweeen the lines to see what holds of the future) I sound like one of those carnival fortune tellers lol!
http://www.thestar.com/article/558486
Thank you for your time. ;)