State of the Airlines

Friday, September 08, 2006

Rumours of a New Canadian Carrier

Speculation regarding the possibility of a new Canadian airline is starting to spin up based on an announcement made by officials at Hamilton International Airport yesterday. Interesting news based on the recent announcement that CanJet would pull out of scheduled service to return to its charter only roots citing increasing business risks. Just last year JetsGo went bankrupt with little notice. But there may be an opportunity for another airline, especially a low cost operator, based on the improving numbers coming from WestJet and Jazz, even if it does appear to be at the expense of Air Canada.

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