Is Air Canada dead?

[Airbubba]

From the 'Why Air Canada is Doomed and Westjet is Ready to Soar' link above:

>>Michael Roach knows airlines. He was a top adviser to U.S. presidents Gerry Ford and Jimmy Carter on the Airline Deregulation Act...and was a founding member and president of America West Airlines, the only surviving U.S. airline of the immediate post-deregulation era.

As a consultant, he now advises airlines, airports and governments around the world.<<

I wouldn't call that exactly a scintillating track record if he advised on deregulation and the only "immediate post-deregulation era" survivor was America West <g>.

Still, he may be right. Air Canada employees expect the government to bail them out no matter what. After all, they are God's Gift to Aviation, just like United, Pan Am and a lot of other Once Great Airlines. A year ago I would say there is no way a socialist welfare state like Canada would let them go under. But, times are changing...