Decision on expanding foreign ownership cap for airliners expected in November, says Jetlines CEO

A year after the election, Jetlines Ltd. founder Jim Scott says he 'expects there to be clarity' on proposed changes to the cap.

Canadian air travellers pay some of the highest costs in the world, and several start-up airlines are competing to launch a viable low-cost carrier to compete with industry giants like Air Canada. Roderick Eime photograph courtesy of Flickr

News

BY MARCO VIGLIOTTI

October 26, 2016

Transport Minister Marc Garneau will likely announce whether the Liberal government will increase the foreign ownership cap for domestic airliners early next month, according to the head of the company that wants to become Canada’s first ultra-low-cost air carrier. Jim Scott, president, CEO, and ...

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