RE:Value Investing!Canada has most of the expensive fees to operate in Canada, landing fees, Nav Canada fees, gas paid in US$ with a shitty exchange rate, having to operate in all 4 seasons, expensive to operate an airline in the winter ! Using more fuel, de-icing, don't forget the huge country we have and such a small number of the population ! To make money the airline would need to charge more but you idiots would complain that it's expensive to travel. Air Canada makes too much $$$ reduce the plane tickets !!!