A report from Canada’s Competition Bureau has urged the country to analyse the possibility of making changes to the foreign ownership limit for Canadian airlines.
In particular, the study recommends increasing the single-investor foreign ownership limit for airlines from 25% to 49%, as it would improve the carriers’ access to capital, drive growth, and promote competition.
Additionally, the bureau recommends creating a new class of airline that operates only domestic flights in Canada but can have up to 100% foreign…
Source: ch aviation
Read more: Canada mulls loosening airline foreign ownership rules