ICYMI: With arrival of Porter at YYC, low-cost airlines ramp up competition in air travel yyc
This advertisement has not loaded yet, but your article continues below.Lynx Air, which went airborne 10 months ago, is the newest airline based out of Calgary.
Merren McArthur, CEO and president of Lynx Air, said only about four per cent of the capacity in Canada is low cost, in contrast to Europe at 42 per cent. Lynx’s fleet of six Boeing 737 Max jets will grow to 17 next year and 46 within five years, giving it cost certainty with new planes that are among the most fuel efficient in the industry.Robert Kokanis, president and managing director of AirTrav Inc., a Toronto-based aviation advisory firm, said while there have been failures in the past for affordable flying, there was still a void that had not been properly filled in this category.
Von Hoensbroech, president and CEO of WestJet, said he welcomes the healthy competition. He said WestJet’s own low-cost carrier Swoop is also having a strong recovery coming out of the pandemic, but the goal is to grow the main carrier.Article contentOne of the big challenges facing the industry is the fee structure in Canada along with rising costs, including for fuel and staffing.
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