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
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?