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C3 buys Royal

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Old 29th Jan 2001, 19:09
  #1 (permalink)  
bearcat88
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Post C3 buys Royal

The latest rumour flashes by and it has C3000 acquiring Royal with more news to follow. Does this mean that the void left by Canadian's demise is about to be filled?
 
Old 29th Jan 2001, 19:35
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Curious Pax
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Not just a rumour - it's on the C3 website: http://micro.newswire.ca/releases/Ja...1.html/65020-0

Canada 3000 L1011s and 737s, or more business for Toulouse?
 
Old 29th Jan 2001, 20:12
  #3 (permalink)  
Web-Footed Flyer
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Talking

And be on the look out for Royal's CEO to start a new airline within 2 years from now

------------------
Trop haut, trop bas, trop tard!!!
 
Old 29th Jan 2001, 23:17
  #4 (permalink)  
m&v
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What's happening to "Royal Cargo" now that the Main Airline absorbed???
 
Old 29th Jan 2001, 23:40
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Illuminating
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Question

Hi gays,
The royal cargo division is a good asset, how about the deal is it a merg... or buy thing?
How about the royal pilots (no union behind!)
Any comment!!!
 
Old 30th Jan 2001, 00:44
  #6 (permalink)  
in limbo
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No union Spells trouble for Royal Pilots
 
Old 30th Jan 2001, 01:38
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AIRLIFT
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I Agree, it's goiing to be a rough time for them for a while, but then they will become ALPA members. But how much is it goiing to cost them. Hmmmm...
 
Old 30th Jan 2001, 22:36
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Squawk 8888
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If ALPA behaves like unions in other industries then the pilots at Royal should brace for a right "Royal" shafting. A friend of mine worked for a firm for 5 years union-free, the shop he was in got consolidated into another one in the same company that was unionized. Result: he got union scale (lower than his previous wage), was forced to cough up an "initiation fee" of one week's pay and dues of half a day's pay every month. Six months later he got bumped out of his job by the union local VP's nephew.
 
Old 30th Jan 2001, 23:14
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Waloo
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looks like mafia rather than union.
 
Old 31st Jan 2001, 18:42
  #10 (permalink)  
Squawk 8888
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Not far off the mark, Waloo. The problem is that Canadian unions don't have to represent the interests of their members because the law requires all employees in a union shop to pay dues even if they don't want to be members. Predictably, when this law came into effect the union bosses became even less accountable than politicians. As for the outfit my friend worked for, they finally gave up and moved the whole operation to South Carolina, which is a "right to work" state. Workers there get paid more but the company has fewer headaches and bigger profits.
 

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