New limits on flights from the Caribbean and Mexico announced Friday are possible to result in bankruptcies in Canada’s airline sector and pressure long lasting closures for airports and journey organizations, aviation gurus say.
“Today’s announcement genuinely was the nail in the coffin for the airline and tourism organization,” stated Robert Kokonis, founder and running director of aviation consulting firm AirTrav Inc. “We’re likely to see bankruptcy filings, you may even see a couple outright failures.”
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John Gradek, a lecturer at McGill College and the head of its Global Aviation Management Program, stated Sunwing and Transat A.T. Inc. are most at threat of bankruptcy, supplied their reliance on flights to solar locations.
Sunwing stated it was “categorically untrue” that the airline is at chance of individual bankruptcy. Spokeswoman Melanie Filipp claimed that