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Airlines in panic mode as Canada clamps down on travel

Airlines in panic mode as Canada clamps down on travel

FromThis Matters


Airlines in panic mode as Canada clamps down on travel

FromThis Matters

ratings:
Length:
17 minutes
Released:
Mar 4, 2021
Format:
Podcast episode

Description

The airline industry is in a financial tailspin as travel remains limited and borders of many countries are restricted because of COVID-19. In Canada’s aviation industry, airlines are under more pressure than ever before. The largest airlines are laying off thousands, while smaller ones could face bankruptcy. Robert Kokonis, founder of aviation consulting firm AirTrav, talks to “This Matters” host Adrian Cheung on the dire state of the industry, why the costs will be passed onto flyers (eventually) and what the federal government should be doing to help.
Released:
Mar 4, 2021
Format:
Podcast episode

Titles in the series (100)

The world is changing every day. Now, more than ever, these questions matter. What’s happening? And why should you care? This Matters, a daily news podcast from the Toronto Star, aims to answer those questions, on important stories and ideas, every day, Monday to Friday. Hosts Saba Eitizaz and Raju Mudhar talk to experts and newsmakers about the social, cultural, political and economic stories that shape your life.