Originally Posted by
Big Pistons Forever
I think the Air Canada CEO is operating on the principal of “don’t waste the opportunity a crisis presents”. He is looking to permanently shrink the cost base of the airline both in terms of an optimized fleet mix and structural reductions in the employee cost base.
If the airline wishes to survive long-term does he have any other option?. I dont think anyone is thinking that flying is now going to bounce rapidly back to 2019 levels, it is going to take many years if ever.