COMMERCE 4PA3 Lecture Notes - Lecture 3: Trans-Canada Air Lines, Canadian Airlines, Provincial Airlines
27 Oct 2016
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Who is responsible for regulation: government, governing body (sro) airline regulator. Regulatory terms: open skies: less regulation on where you are flying, division of skies: cabotage (lufthansa cannot take on new passengers when flying from. Montreal to toronto because government does not allow why does the government not allow this an who does it benefit/hurt) Look at consolidation of airline industry over time. Assessment of strategic initiatives over the time. Was it ca"s fault or the fact that so many airlines existed and made the industry very competitive. Cumulative profits were negative for all airlines in the world (so maybe it was not the fault of. It is an easy industry to be in (can easily lease a plane and a gate) Easy to get in not easy to get big. Additional challenge: an entry in exhibit 3 that looks weird find the weird entry and explain why it looks weird but is not actually weird.
