More Good News for Aviation Students

The Glob and Mail Reported on November 3: Allowing foreign companies to take increased ownership stakes in Canadian passenger airlines will make air travel cheaper for consumers and help to spur more competition, federal Transport Minister Marc Garneau says.

Mr. Garneau said Thursday that the Liberal government plans to introduce legislation to ease foreign ownership restrictions on domestic airlines to 49 per cent from the current 25 per cent.  In the interim, he added, two upstart airlines – Canada Jetlines Inc. and Enerjet – will be allowed to increase their level of foreign ownership immediately. 

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