Originally Posted by
Stranger
Remember that Adam Smith's invisible hand would serve customers by having competitors having to lower prices to the point whereby they would (nearly) all end up in bankruptcy. With new entries making up for dead ones.
This would be great if it were able to let happen. The Canadian government saves the jobs of the few, overpaid, unionized AC employees at the expense of all of us consumers. Open up the skies. The airlines that have come and failed never had a chance as they didn't enter a free market.
We as consumer would be better off if our government ever did truly let AC die and re-emerge as a world class competitive airline.