North West Company Inc Q3 2019 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Sabahat Khan - RBC Capital Markets, Research Division - Analyst : Just maybe one more follow-up on the airline question. I guess with 2 of these planes having issues, I guess, do you see potential need for maybe -- is it the planes might be a little old or are they just kind of maintenance-related issues? I'm just thinking, is there a potential need over the next kind of 6 to 12 months to maybe pour some capital into the NSA business to get it going again? How are you thinking about that?

Question: Sabahat Khan - RBC Capital Markets, Research Division - Analyst : Okay. And then just a comment around stabilizing before growing, is that in relevance to pursuing other business with additional planes? Because I remember, I think around the time of the acquisition, you mentioned potentially using this as a platform to maybe go out and acquire other similar businesses. Is that what you mean by sort of putting that on hold? Or just generally not [expecting]...

Question: Sabahat Khan - RBC Capital Markets, Research Division - Analyst : Okay. And then just one last one for me on the GT. I guess there's been a bit of variability there in the performance over the last few quarters. Do you think it's just a matter of working that banner through some of the difficult -- whether it's competitive environment or some of the issues in the economy? Or is there stuff that you think you need to address at a higher level with that banner, whether it's the scale or things? I guess how are you thinking about the performance of the banner going forward?