Cheaper fares could be coming if airline ownership rules change: airline analyst

A Canadian airline analyst says, theoretically, relaxed rules on airline ownership in this country will lead to more competition and lower prices.

Transport Minister Marc Garneau announced Thursday morning the federal Liberals’ to plan raise foreign ownership limits of airlines from 25 per cent to 49.

Karl Moore from McGill University in Calgary said Friday foreign investors don’t find the current 25 per cent ownership restriction very attractive.

Read full article: iNews880, November 4, 2016