It was clear that something had to be done in the Canadian market. A company can not lose money in the tune of hundreds of millions year after year and still expect to stay in business. I, however, amd far from convinced that the end result that we got, or the one that Onex proposed, were the only viable solutions.

I remain convinced that the Canadian air travel market is large enough for two carriers. But they can't always try to go head to head. One thing that CP never tried is to sharply reduce its unprofitable routes where it was always losing to AC, and instead use its domestic network as a feeder for its international (profitable) routes. So what if AC had more flights on YYZ-YVR? Also, to make sure that it was using every international route possible to the fullest.

These were not done, and speak to mismanagement at CP.

Sadly, we will never find out what might have been...