RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Price target revised 0.58Air Canada has seen Transats books. They know EVERYTHING. They know what it costs to move every single passenger, lease costs of airplanes, contract costs for food, ground handling, travel agencies....everything. With that information, Air Canada doesn't have to guess how low to put the prices, so that Transat will loose money, they KNOW how low to drop the prices.
Then, when Transat has failed, make the leasing companies an offer, take the airplanes, step in and take the routes and slots (like Westjet did when they took Canada 3000 slots in YYZ after they went under).
Cheers