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Airline competition tricky due to COVID-19 concerns
Published: 22 February 2021
As Air Canada grapples with a year-end revenue loss of 70% due to the pandemic, its purchase of Transat AT has drawn criticism from competing airlines.
Professor Karl Moore sees both sides of the argument: On one hand, the merger makes sense considering the state of the industry. On the other, it will significantly reduce industry competition. Â
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