Canadian airlines: an industry in crisis

The crisis facing the aviation industry has no simple solutions. Uncertainty over the course of the pandemic, the vaccine rollout, the future of business travel, and leisure travellers' hesitancy to board a plane post-pandemic complicate planning and make both government and industry's job harder, writes Ramy Elitzur.

We need to ask whether the government should do more to help the airline industry as it is facing an unprecedented crisis. The answer to this question is complex and, as such, goes well beyond the boundaries of this op-ed, as the government already provided some aid to employers and it needs to ask itself before ramping this up whether the problems that we see now are only the result of events that took place well before the crisis, for example, the Air Canada’s stock repurchases.Photograph courtesy of Commons Wikimedia

Opinion

BY RAMY ELITZUR

April 5, 2021

COVID-19 has tremendously affected the airline industry in Canada. As the COVID-19 crisis took shape airlines around the globe suffered and at one point were brought to a halt. For Air Canada this could not have come at a worse...

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