FlyerTalk Forums - View Single Post - Evaluating AC's performance and competitive offering in 2023-25
Old Jun 27, 2023 | 3:14 pm
  #62  
canadiancow
A FlyerTalk Posting Legend
1M
40 Countries Visited
All eyes on you!
10 Years on Site
 
Join Date: Sep 2012
Location: SFO
Programs: AC SE MM, SK Gold, Bonvoy Plat LTG, Hyatt Glob, HH Diamond
Posts: 47,292
Originally Posted by tracon
According to the grocery industry, their profits margins are 4%.

https://www.cbc.ca/news/business/gro...ysis-1.6774669


Depending on the economic cycle, that can be more or less than the aviation industry.
Other than fear and common sense, there is nothing stopping anyone from starting an airline or grocery store in this country.
I don't think I could afford to start an airline.

I don't think foreigners are allowed either?
canadiancow is offline