- Dec 7, 2015
- Reaction score
- Scarborough, Ontario
Porter Airlines extends flight suspension until at least February 2021
November 9, 2020
Porter Airlines extends flight suspension until at least February 2021Porter Airlines has extended its temporary flight suspension until after the holiday season and into the new year.toronto.ctvnews.ca
Air Canada reports $685M loss in third quarter amid COVID-19 pandemic
Air Canada reports $685M loss in third quarter amid COVID-19 pandemicAir Canada says the total number of passengers carried in the quarter was down 88 per cent compared with a year ago.globalnews.ca
I wonder if Porter will be able to survive this, same with West Jet and Sunwing.
Porter deals primarily with regional flights and they are not exactly equipped financially for a long term closure where people are not flying. One of their key sectors is business travel (i.e. people going across Canada for work purposes) and to visit family in places like the Maritimes and Thunder Bay. Both the business and family sectors are a no-go right now.
West Jet is likely also hemorrhaging cash at this point. They deal with travel to the US and UK along with domestic travel. With the US and UK having a major uptick in virus counts I cannot see them surviving an extended closure.
Sunwings primary business is vacations in the sun. With the winter coming up, travel restricted and resorts closed they probably won't survive the winter. They need the winter travel season as it makes up a large chunk of their business.
Air Transat may survive this somewhat smaller but alive... They deal with european travel that people will be doing more of year round once covid restrictions ease up. They go places where people will go in the summer, spring and fall unlike Sunwing which as I saId will be missing out on their key travel season this year.
Air Canada is too important to fail. Unlike Canadair, Wardair, Canada 3000, CP Air, etc.. Canada needs a national carrier and that is Air Canada. I can see the government bailing them out at all costs even if that means nationalising it.