What I understand you to say, Mr. Minister, is that if the other offer had been accepted, Air Transat would have gone bankrupt. You are saying that a billionaire would have thrown $200 million in the garbage just for the sake of throwing $200 million in the garbage. You will understand that this doesn't make much sense.
You have two arguments to justify the sale to Air Canada: the COVID-19 pandemic and the fact that the company is going bankrupt. The reality is that the pandemic is not going to last forever and the airline industry will have to be competitive in the future. It's the same with bankruptcy. You didn't help the airline industry and a billionaire offered to buy a company.
Are you really saying that the person didn't have the money to operate this business?