Is ultralow-cost air travel doomed to fail in Canada?

In right this moment’s The Huge Story podcast, ultralow-cost airline Lynx Air abruptly introduced it was shutting down simply forward of busy March Break journey. Prospects have been left scrambling to make new – and certain dearer – bookings.

Jonah Prousky is a administration advisor and freelance author who focuses on enterprise, expertise and society. “Despite the fact that we’re in a type of lull, and we’ve now in latest reminiscence seen a type of exodus of low-cost carriers, there’s no motive to suppose that sooner or later innovation and market entrance couldn’t spur new fashions for low-cost aviation in Canada,” mentioned Prousky. 

So why wasn’t Lynx capable of maintain their promise of creating air journey extra reasonably priced for Canadians?

Does this imply Canadians are destined to pay extra for air journey?

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