News and notes from around the interweb:
- Pakistan International Airlines flies to Canada. And they keep having to cancel flights out of Toronto because their flight attendants can’t wait to flee Pakistan, remaining in Canada. They don’t show back up for work once they land. Another one’s done it, leaving behind a note: “Thank you, PIA!”
- The CEO of the just-privatized Air India describes how tough it was to turn around a 91-year-old airline: ‘The first 6 months was really triage’
- American Airlines C.R. Smith Museum Aviation STEM Summer Camp for grades 3-10.
- Stay Vancouver hotel promotion returns up to $250 back in prepaid Mastercard dollars with minimum 2 night stay.
- Speaking of Canada, and part of this is the decline in value of the Canadian dollar, but here’s the biggest headwinds facing Canada’s aviation market:
*NEW* Canada's GDP grew by 1.1% between the 4th quarter of 2022 and 2023, while its population grew by 3.2%. That means GDP per capita is now falling at 2% annually (roughly the difference). Zero economic growth in more than 6 years. pic.twitter.com/SrGGKPZjNx
— Mikal Skuterud (@mikalskuterud) February 29, 2024
- Etihad looks to go public a far cry from when it was losing Abu Dhabi’s ruling family a couple billion dollars per year and United, American, and Delta were crying foul – but now that it’s clear that U.S. airlines take even greater subsidies as public companies perhaps they needn’t worry.
Think Canada and the rest of us are heading for recession .
If they are running off to Canada it must really be bad in Pakistan…
Canada is being overrun by third worlders.
So:
1) Canada has a bunch of new immigrants
2) Average income per person in Canada goes down
3) Duh.
That can also all be true while people who lived in Canada 5 years ago are doing just as well as they are now, and thus not affect airlines in Canada at all, who have the same population with the same money as before.
Somebody should explain to the Canadians that newborn babies are going to take a while before they can contribute to economic growth. Likewise for most refugees. The growth will occur (see the unexpected USA economic growth due to immigration as an example) but will just take a bit of time.
Canada doesn’t have new immigrants. They have new illegals.
@ Walter
Not so. Trudeau is open about building a new nation.
Gary can’t stand to admit it but HE and his family was subsidized by taxpayer dollars during the pandemic just like airlines.
And the government poured trillions of dollars into the economy of which the US airline industry got a fraction of it.
But hypocritical Gary can’t and won’t tell the truth because then he wouldn’t have an axe to grind against airlines.