Matthew.
Have you read the 3rd Q report?
I can send it to you (or anyone else)
if you require it - it's very long.
Liam.
YVR.
----- Original Message -----
From: "Matthew Montano" <mmontano@xxxxxxxxx>
To: <AIRLINE@xxxxxxxxxxxxxxxxx>
Sent: Thursday, November 27, 2003 8:38 AM
Subject: AC's $4B needs
> Anyone catch this?
>
> Okay, they already have on their agenda 1.1B in new regional jet
> acquisitions already on the agenda. This $4B is AFTER that.
>
> Air Canada has a healthy fleet of A319/320/321s (admittedly some of the
> 320s are a tad older, but it doesn't make 'em wrong.)
>
> Then it has a mix of 340s and 330s. (once again some of the 340s are
> reaching 10 years, but it doesn't make 'em wrong.)
>
> Other than a few older 767-200s, their 767-300s are mostly young, some
> almost brand-new.
>
> ...their 747s are on the way out. (and we'll ignore the few 737s)
>
> So, I can see the purchase of a few 767-200ER type long range low-mid
> capacity wide-bodies, but what else?
>
> This is from an airlines that espouses the regional jet as the future,
> and also properly maintained a modest fleet of DC9s for many years past
> their stylish years to provide a low-cost reliable plane.
>
> And who's causing the almost meteoric decline in AC's revenues (which
> they STILL blame on SARS)? Westjet using some of the same 737-200s that
> came from Pacific Western (which begat Canadian Airlines which begat
> Air Canada), and Jetsgo which are running early 80's MD-83s quite
> happily.
>
> Makes your head spin.
>
> Matthew
>
> [snip]
> AIR Canada needs $4B after restructuring: CFO
> Toronto Star, Canada
> Air Canada will need about $4 billion to buy new planes over the next
> five
> to seven years on top what its new investors will put into the company
> as part of ...
> [snip]
>