|
|
|
I thought the issue was airport fees and they charge as little as they can...
Competition Bureau recommends scaling back foreign ownership restrictions for airlines
Canada should roll back restrictions on foreign ownership for domestic airlines, a new report from the Competition Bureau recommends.www.ctvnews.ca
This is largely true. Lynx didn't fail because they wanted to make too much profits. US low cost carriers don't fly to Canada because of the landing fees. I think this would be a bad idea. We have a pretty weak aviation sector, Westjet/Porter is private, and Air Canada stock performance is very weak, prime for a foreign takeover. Fares may lower in the short run, but it'd be a pretty significant security risk if the US or China owned all of our airline market, and that's basically the only method of travel between our largest cities.
