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Transport committee  That's fine.

September 14th, 2017Committee meeting

George Petsikas

Transport committee  We'll start since we've made it pretty clear that it's something that concerns us. As we indicated in our opening statement, we are trying to be realists here. We know how the world is evolving. These joint ventures are out there, not only in Canada but in the United States and

September 14th, 2017Committee meeting

George Petsikas

Transport committee  Thank you, Mr. Sikand, for that question. First and foremost, we'll state the obvious. This was an extremely unfortunate incident. We obviously regretted what happened there. We are a proud airline with 30 years of service to Canada and Canadians. We have won numerous internatio

September 14th, 2017Committee meeting

George Petsikas

Transport committee  We're going to work with you. We're going to work with the CTA in the regulatory process. We will abide by what the ultimate verdict is in terms of the regulation. The devil is in the details, if you don't mind that expression. Clearly, we're working with enabling legislation h

September 14th, 2017Committee meeting

George Petsikas

Transport committee  I was with a bunch of American lawyers this morning at the American Bar Association's air and space law forum in Montreal before I drove here. They had a panel on competition law, and aviation and concentration, and their market in the U.S. It is absolutely a given that if anybo

September 14th, 2017Committee meeting

George Petsikas

Transport committee  As I mentioned just now, in Canada, we are in a situation with one major player with major market shares, I might even call them market strongholds, that may be considerably supported by the proposals in the bill, were the Minister of Transport to agree to immunize that player ag

September 14th, 2017Committee meeting

George Petsikas

Transport committee  Are you referring to coordinated industry action and objectives or are you talking about a carrier-by-carrier basis?

September 14th, 2017Committee meeting

George Petsikas

Transport committee  In 2010, as head of the National Airlines Council of Canada, we coordinated with our member airlines the filing of tariff commitments in our tariffs, which are contractually binding. Unfortunately, this is one thing that we've messed up in terms of the public debate because we sa

September 14th, 2017Committee meeting

George Petsikas

Transport committee  No, not at the time. We have not done that.

September 14th, 2017Committee meeting

George Petsikas

Transport committee  We don't have empirical evidence that would point to that necessarily. What we do have is analysis in terms of the trend, in terms of ticket prices in Canada. I mean, that's something that the NACC has worked on, and it showed that mean prices have dropped domestically. Internat

September 14th, 2017Committee meeting

George Petsikas

Transport committee  In Canada?

September 14th, 2017Committee meeting

George Petsikas

Transport committee  No, we're not aware of them. Obviously WestJet is the second-largest airline in Canada, and I'm sure they would be able to tell you on their own if they have an interest in that, but speaking from Transat, we are always looking at ways of evolving our business model. We don't pre

September 14th, 2017Committee meeting

George Petsikas

Transport committee  I'll look at my colleague Massimo here. Maybe he can answer. We haven't really done an analysis of that.

September 14th, 2017Committee meeting

George Petsikas

Transport committee  Specifically, I would say that we have to start by requiring airports to have emergency plans for that kind of situation. That is clear. We have to know who is coordinating what, what the lines of communication are, and who you have to call when you need answers. These situation

September 14th, 2017Committee meeting

George Petsikas

Transport committee  I do not want to say that we had no responsibility in the situation we were just talking about. Airlines are part of the overall system and we all have a common responsibility.

September 14th, 2017Committee meeting

George Petsikas