Where are the billionaire Canadian entrepreneurs? Can't these guys see that Canada's population is growing and we need more air transport, land transport, etc. How about competing with the VIA rail too. Their train fares are almost as expensive as the airfares to get to same destinations. When will Canada learn that when amenities and goods are priced within the reach of the common man, those amenities and goods will be more widely used and the profit margin will in fact increase with the additional sales.
Joe Castaldo and Micah Luxen writing at Canadian Business:
....Almost everyone has a tale about a frustrating flying disaster. But finally, there is a reason for optimism. New competition is coming to the Canadian market, with both WestJet and Air Canada recently launching subsidiaries: WestJet unveiled Encore in June to target smaller locations in Western Canada. A few days later, Air Canada rolled out Rouge, to service holiday destinations. Both are low-cost carriers, cheaper to operate than flagship lines, because hiring new staff allows the carriers to pay them less. Each new banner is starting small, but has ambitious expansion plans. Meanwhile, Toronto's Porter Airlines wants to boost competition even more by adding a slew of new jets and destinations in 2016, expanding from a regional player to a national one.
All of these developments mean consumers could benefit through more choice, increased flight frequency and even lower fares. Some carriers are boasting of reductions of up to 50% on certain routes. What's more, we could see a greater focus on customer service as airlines fight for passengers. These potential benefits come with at least one cost, however: your personal space. It's not just legroom you'll lose as carriers try to fit more passengers on their planes. One analyst who toured one of Encore's new planes was alarmed at the tiny, cramped, solitary washroom designed for all 78 passengers. "I'll just go at the airport," he says.
WestJet's Encore will likely have the most dramatic effect on the market. Its handful of Bombardier Q400 planes will target a few destinations initially, such as Fort St. John and Nanaimo in B.C. along with Saskatoon, but that's just the beginning. Encore will........