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CAPA Live: WestJet CEO Ed Sims, "sector relief" needed

Analysis

WestJet CEO Ed Sims, speaking at CAPA Live October 2020 argues the lack of funding by the Canadian government has left the Canadian aviation industry 'very exposed', with foreign airlines now taking between 15-20% of the market share.

Rapid PCR testing, together with the removal of quarantines and the US-Canada border closure, is required to get travel moving, although those milestones are likely to remain in place until after the US election.

The low cost carrier Swoop has been seeing higher load factors than WestJet, with different demographic. Business travel is likely to lag behind, with restrictive corporate travel policies and the use of Zoom hindering recovery.

Boeing 737 MAX is likely to be back in WestJet's fleet by Christmas 2020.

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