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Originally Posted by hehehe
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Few thoughts in no particular order.
- New CEO putting his mark on the direction of the company. Sometimes change for changes sake isn’t the best. Seems to be hiring executives/buddies from Austrian. Gives me a bad feeling.
- A lot of mention of focus back to a LCC. Growth plan for international may be dead. I don’t like sound of low cost focus. Product usually suffers. Is he thinking an airline along the lines of Eurowings which was part of the Lufthansa group where he has experience.
- Without international focus good luck getting Calgary business customers.
- With interest rates (expensive housing) and higher cost of fuel Ontario discretionary income may suffer going forward. I suspect they are focusing on the oil price supporting the western economies.
- Competition is intense in YYZ and pricing must be difficult. With KLM being the last real foreign airline standing in YYC it will be a lot easier to compete out of YYC.
- Air Canada seems to be scaling back YYC. Let’s see their reaction if they start to abandon YYC more or this causes them to react. If western economy starts to rise they may want a bit of the action.
- Whenever asia reopens from their covid slumber… maybe a western focus could move for a connection to Tokyo or Seoul.