No ETOPS? Eina kak. That's got to hurt. How thin are the margins on a charter like that anyway? 3%? 5%? Will CMM keep it's fares low and try to screw Transat or will AC, CMM and Transat all use this as an opportunity to raise fares on a low-yield route?
My bet is...watch the Canadian public pay! Yet another reason why Gerry Schwartz should have been allowed to buy CPA. Call me a sceptic.