AIRLINE:
I feel bad for the Canadian Airline industry. Almost overnight, Air
Canada's market share grew from 65% to 80% percent, thanks to the
failure of Canada 3000.
What do Canadians value most: lower fares or competition? What's the point
in starting a new carrier if you already have the lion's share of the
market place?
Mike Burris
Cambridge, Massachusetts / USA
" MONTREAL, Dec. 14 /CNW/ - A media report today suggests that Air Canada
may have abandoned its plans for its proposed western based low cost
carrier. This report is inaccurate.
While no start date had yet been announced for the new carrier, Air
Canada President and Chief Executive Officer, Robert Milton, recommended to
Air Canada's Board of Directors on Wednesday that Air Canada postpone any
formal announcement regarding the launch of the low cost carrier until such
time as further planning is completed and the benefits to the Canadian
travelling public can be more fully communicated to consumers and
communities across the country... " -- portfolio@newswire.ca