Uh...this is a public forum, so rude words towards fellow FTers are not permitted.

We are all a little tense now with what is happening with the airline industry in Canada. But hsi.chang, why didn't you voice your opinion to your local MP before the takeover happened?

AMR could NOT take over CP entirely. It couldn't even take over more than 25% of what it has without Ottawa's approval. CP employees just needed a guarantee of a job, just like everyone else. Trust me, the employees at AC didn't want this merger to go through either. They are just as worried about their jobs. In fact, should the two airlines merge right now, AC would face the brunt of the most layoffs because their inflight crews are more junior than CP's and thus would be laid off first. CP employees have in general a longer seniority than AC's.

Take a look at Australia's air industry. Other than Qantas, which is 25% owned by British Airways and the government stated that Qantas being the 'flag carrier' could not sell more than 25% of its shares to a foreign owned company. But yet, Ansett, being privately held 50% by News Corp and the other 50% by Air New Zealand could be 100% foreign owned.

Pity Canada couldn't look beyond its own shores for ideas.