I used to fly Canadian airline a lot. I can definitely feel the increase of the air fare and less benefit as a frequent flier. Government can make regulations but cannot replace competition in the free market.
The only competitive advantage Air Canada has is their domestic flights.
Hong Kong route, Air Canada is losing market share to Cathay Pacific which belongs to OneWorld Alliances.
I am glad some new players enter the market.
Also it is very bad year for all airlines, for sure.
What is your specialization? How do you like your MBA program?