“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.”
“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.”