Air Canada, Transat AT deal remains unfinished
Pandemic-related airline changes are making it difficult for Air Canada to finalize its planned purchase of Transat. The details of the deal remain mostly unknown following the passing of the original deadline of February 15th.
Airline industry could take two years to recover from pandemic
Following another round of Air Canada layoffs in Atlantic Canada, it could be well into 2023 before airlines return to normalcy, says Professor Karl Moore. As airline companies continue to wait for federal funding packages, Moore believes that robust government support is necessary to get the industry back to where it was before the pandemic.
Airline competition tricky due to COVID-19 concerns
As Air Canada grapples with a year-end revenue loss of 70% due to the pandemic, its purchase of Transat AT has drawn criticism from competing airlines.
Professor Karl Moore sees both sides of the argument: On one hand, the merger makes sense considering the state of the industry. On the other, it will significantly reduce industry competition.聽聽
Authenticity is key to successful personal branding
While the term 鈥榩ersonal brand鈥� remains fluid and difficult to define, Professor Karl Moore says the best way to influence others is to be authentic and stay true to your value system.
Moore uses Elon Musk as an example: The success of his personal brand stems from his authentic online presence.
Adaptability is key to success
In 2020, Professor Karl Moore invited more than 40 CEOs to 69热视频鈥檚 CEO Insights course to exchange perspectives on pivoting business operations in response to adverse events.
Canadian government do more to bolster airline industry
Professor Karl Moore joined City TV鈥檚 Breakfast Television on Tuesday morning to weigh in on the Canadian government鈥檚 new travel restrictions and mandatory testing requirements. The new directives are a mixed bag, he says. The government has largely failed to step up and provide the support the airline industry needs to stay afloat in a historically devastating season.聽
Canada鈥檚 airlines accept new government restrictions in hopes of greater financial support
Even as losses mount during the COVID-19 pandemic, airlines across Canada have suspended flights to Mexico and the Caribbean in response to new directives issued by the federal government. According to Professor Karl Moore, this decision indicates that the airlines are negotiating directly with the government with the goal of winning a financial support package.
The upside of regret
Professor Karl Moore鈥檚 distinguished career has spanned 35 years. As he approaches retirement, even he has doubts about some of the professional choices he has made. He questions those who don鈥檛, because regret catalyzes positive change going forward.
Squarefeet.ai offers new tool to monitor home sales across Canada
After founding a reusable mask company after the onset of COVID-19, four partners have launched a second business: Squarefeet.ai.聽Using proceeds from their former mask project to fund the product, the collaborators combined their real estate and technological expertise to build a user-friendly, accessible interface that monitors the sale of homes in real time across Canada.
Ottawa must step up to save struggling airlines
As Canadians receive their first injections of the COVID-19 vaccine, Canadian airlines also need a jab in the arm, says Professor Karl Moore.
He calls on the federal government to implement a 鈥淢ade in Canada鈥� plan to offer repayable loans to Air Canada, WestJet, and other airlines. Last October, the government began talks with union leaders to discuss the terms of a loan, but no deal has been reached.
Canadian philanthropic community will survive COVID-19
Professor Karl Moore interviews Elizabeth Gomery, co-founder of Montreal-based philanthropic consultancy Philanthropica, about the path forward for the philanthropic community in a time of profound global crisis.
Choose your communication method carefully
As a professor of strategy and organization, Professor Karl Moore spends a lot of time considering the most effective way to communicate in a given scenario. While he isn鈥檛 averse to sending a quick text, he has also been known to fly across the Atlantic for a single face-to-face conversation. The more risky the conversation, the more bandwidth is needed to handle it effectively, he believes.
Telework is here to stay
2020 marks the before and after of telework. According Professor Karl Moore, many C-suite leaders have recognized the need for greater workplace flexibility in their human resources strategy. Throughout the year, Professor Moore invited more than 40 leading executives to virtually address his management classes.
Canadians flout travel warnings over holidays
Health warnings from federal and provincial governments fell on deaf ears as planefuls of Canadians departed for Mexico, Cuba, and other destinations despite the surge of COVID-19 cases. According to Professor Karl Moore, the absence of a full non-essential travel ban is partly the result of successful lobbying efforts from the struggling airline industry.
Michael Sabia appointed Federal Deputy Minister of Finance
Prime Minister Trudeau appointed Canadian businessman Michael Sabia to the position of Deputy Minister of Finance.
Sabia, who previously served as CEO of Caisse de d茅p么t et placement and Bell Canada, has ties to 69热视频 through his role as a past advisory board member for the Max Bell School of Public Policy.
