Description: Canada Jetlines took off this week. That gives Canada four discount airlines, the other players being Flair, Lynx, and Swoop. Customers love the bargains that discount airlines offer. A number of experts, however, wonder if there is room for all the discounters. Will an airline bankruptcy be in the offing?
Date: September 24, 2022
Source: cbc.ca
Link: https://www.cbc.ca/news/canada/calgary/bakx-jetlines-lynx-swoop-flair-1.6593688
Discussion points:
1) Do you travel with discount airlines? Why or why not?
2) What do you think are some of the key factors creating openings for discount airlines?
3) Chapter 9 of Wiley’s Financial Accounting: Tools for Business Decision-Making opens with a vignette on WestJet airlines. Which of the four discounters was started by WestJet?
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