Originally Posted by
Sopwith
Given AC’s market dominance there would seem to be little hesitation to settle and pass the costs on to the pax, especially since WS is likely to follow like a herd of migrating wildebeest.
Perhaps AC might be able to get away with that for domestic routes. On international routes, I don't know. The Asian fares are already very high and the cost gap between AC and its competitors on premium fares is such that many people are shopping around.$12,000+ RT for AC from YYZ to BKK vs $5000 - $6.000 with LX/ LH and so on. The airline received alot of wage concessions from its employees over the past few years and the workers are looking for the airline to share its excess profits. If we hit a recession as I believe we will in 2024 and the union expects, I anticipate that the union will look for some worker protection to avoid the idiotic layoff strategy that leaves the airline shortstaffed and pilots over worked. The labour peace at AC was nice while it lasted.