Under our legislation, everything pertaining to the organization of the airlines' aircraft fleets is managed internationally. Canada can obviously play a role as an ambassador to other countries, to increase their awareness of the fact that we must all accept our responsibilities and assert a certain form of law in this area. However, if we require airlines around the world to take a more responsible approach to the management of their and-of-life aircraft, we have to give them the tools to carry on those activities. We have to lay the groundwork and create an environment conducive to aircraft recycling.
The European Union has introduced many initiatives in this area, particularly through partnerships with its main builder, which is Airbus, in Spain and certain regions of France. The volume of aircraft recycling is rising in that part of the world, and the operations there are increasingly lucrative. A dynamic is being established.
Can we reproduce that in North America and Canada? Absolutely. All we need to do is demonstrate the political will and show the airlines that they have every interest in doing this. Some aircraft components approaching the end of their lifespan can be recovered and reused in aircraft that are still in service. Savings can be achieved that way.
We could also incentivize Canadian airlines to commit more to recycling aircraft that they've taken out of service and removed from their fleets.