" Canadians are already paying substantially higher ticket prices for many major domestic routes since Jetsgo ceased operations last week, according to an analyst's report.
The average price of a one-week advance WestJet fare bought yesterday was nearly 50 per cent higher than it would have been had the same flight been booked the previous Monday, according to Desjardins Securities, a Montreal brokerage.
The cost of a WestJet ticket booked three weeks in advance during the same period jumped 20 per cent, according to the study.
Desjardins Securities said that during the same period, a three-week Air Canada advance ticket was nearly a third higher than last week. A one-week advance ticket was 16 per cent higher.
We're going back to some of the higher levels we've seen. And the reaction was immediate. WestJet seemed to jump up very quickly, and Air Canada has responded in kind," study co-author Chris Couprie said."
G&M
http://www.theglobeandmail.com/servl...tory/National/