Jacques Kavafian
Jacques Kavafian
airlines costs eating either fuel higher reducing themselves ways
I think airlines are going to find other ways of compensating for higher fuel prices, by either eating costs themselves or reducing other expenses.
bid board creates difficult offer premium value
I just don't see how his offer creates value for shareholders, so the board is right in refusing. His bid doesn't have a premium to the market, so it may be difficult for it to succeed.
air best canada context dispute increase inflation irrational offered paid percent pilots salary stands year
This is a dispute that should never have happened. This is an irrational one. These pilots are the best paid in the country. Air Canada had offered them a 4.5 percent salary increase per year in a context where inflation stands 1.5 percent lower.
approved board conditions few percent price quite
The price is quite rich. This is an all-cash offer, 100 percent of the stock, very few conditions and then the board has unanimously approved it.