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No News is Good News When It Comes to Air Canada's Low-cost Plans

Where: Canada
August 16, 2012 at 9:24 AM | by | ()

It’s been a couple of months since we last heard from Air Canada regarding their plans for a low-cost carrier, but it looks like things are still moving full speed ahead. There’s still plenty of this and that to work out, but officials with the airline seem pretty darn confident that their plan will get off the ground—literally—sooner rather than later.

The airline needs to get the pilots on board with whatever they have up their sleeve, and the labor situation shouldn’t really get in the way at this point. That's definitely good news, as contracts and agreements are always a little tricky.

The most recent update came during the carrier’s conference call, in which the airline hashed out the details of their quarterly earnings. Apparently the money wasn’t exactly pouring in over the last few months—they lost close to $100 million—but they’re confident that some of these new ideas will get them back in the black.

The low-cost plan looks to remain on schedule toward a 2013 takeoff, so just keep saving up your loonies and toonies and we’ll let you know when it’s time to start booking.

[Photo: BriYYZ]

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