The Competitors Bureau is participating Canadians in preparation for a complete examine of competitors within the nation’s home air passenger providers.
A number of latest developments have highlighted issues concerning the business’s aggressive panorama:
- The market is dominated by simply two main airways.
- Home airfare in Canada appears to be comparatively excessive.
- There was an uptick in complaints from Canadians about air journey providers.
- New airways encounter difficulties coming into the Canadian market.
The upcoming market examine goals to delve into the components contributing to those points and to supply suggestions to varied authorities ranges to reinforce competitors within the airline sector. This examine will discover methods to facilitate market entry for brand new rivals and empower shoppers to make knowledgeable choices.
The Bureau is at the moment searching for public enter on the draft phrases of reference for the market examine. people are inspired to submit their suggestions by June 17, 2024, via the offered suggestions kind or by emailing airlinemarketstudy-etudemarcheaerien@cb-bc.gc.ca.
After the session interval, the Bureau will launch the ultimate phrases of reference and formally begin the market examine. The ultimate doc will define the method for submitting contributions to the examine.
Quotes
“The airline industry is important to Canadians and the Canadian economy. Since the Canadian population is spread out over vast distances, other modes of transportation may not be feasible replacements for air travel. More competition in the industry will mean lower prices, better services, and improved productivity.” stated Matthew Boswell,
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