Guvnor,
Air Transat's problems started long before this crisis. In fact, rumour has it they were well on their way to bancrutcy a few months ago. They had been slapped with a 250 000 dollar fine for running out of gas midway over the Atlantic, not to mention they are now defending a 50 million dollar suit from the passengers on that flight.
I can almost guarantee that Air Transat has used this as an excuse for their poor record.
Similarly, Air Canada, I expect, will also announce massive cuts soon and use this as an excuse. They were also on their way to losing a half billion dollars this year.
Absolutely no relation to the September 11th attacks.
aviatter