Who's next?
With Jetsgo out of the market, it is not clear how many of the rest can remain. While it might be a small oportunity for West Jet and Can Jet the reality is that there still is not enough traffic and costs are exploding. AC has a good chance of surviving with their flexible model. But with the Jetsgo debacle so prominent, will the smaller airlines be able to hold customers who might be concerned about who's next? TA's will have a lot to ponder.