I heard a rather lengthy (relatively speaking) report last night on National Public Radio; another more brief report on NPR this morning. And the president of our union made mention of it in his regular message to our board of directors yesterday, indicating how important the outcome could be to our industry.
That's neat. I didn't realize there were factors that might affect the airlines, but now that I think about it, it makes perfect sense. The Conservatives probably would be far more welcoming to foreign carriers in our markets...
Hmmm. I wonder. I was about to say that it would never happen since our airlines are so small and fragile for the most part. But there are lucrative routes inside the US that they might be able to jump on. Certainly if the foreign ownership restrictions aren't relaxed. If they are also relaxed, then it's curtains for Canadian airlines, that's for sure.
I don't think the foreign ownership restrictions here will be relaxed any time soon. Though apparently back in the early 1990s Bush I wanted to open up the U.S. market to Canadian carriers, for reciprocal rights of course. After Clinton was elected, that died. Bush II has once again floated the idea.
Apparently, Air Canada was opposed to that in the early 1990s but is now in favor. Amazing how bankruptcy and a little competition can change one's perspective.
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momijizukamori
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Date: 2004-06-23 06:41 am (UTC)no subject
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Date: 2004-06-23 06:56 am (UTC)no subject
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Date: 2004-06-23 10:05 am (UTC)Apparently, Air Canada was opposed to that in the early 1990s but is now in favor. Amazing how bankruptcy and a little competition can change one's perspective.