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Zapados@sh.itjust.works to World News@quokk.au · 2 days ago

Transport Canada minister won’t guarantee prices won’t go up after airport privatization, promises fees will be ‘partially regulated’

www.ctvnews.ca

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Transport Canada minister won’t guarantee prices won’t go up after airport privatization, promises fees will be ‘partially regulated’

www.ctvnews.ca

Zapados@sh.itjust.works to World News@quokk.au · 2 days ago
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3
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  • cross-posted to:
  • canada@lemmy.ca
Transport minister won’t guarantee prices won’t go up after airport privatization, promises fees will be ‘partially regulated’
www.ctvnews.ca
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Transport Minister Steven MacKinnon won’t guarantee the cost to fly won’t go up for travellers if the federal government follows through on its plan to privatize Canada’s four largest airports but does promise an improved experience and partial regulation.
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  • Viking_Hippie@lemmy.dbzer0.com
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    2 days ago

    Translation to plain speak: the prices are guaranteed to go up and the entire industry will be infuriatingly under-regulated.

  • CurlyWurlies4All@slrpnk.net
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    2 days ago

    https://www.sciencedirect.com/science/article/abs/pii/S0191261511001391

    In the presence of airport complementarity, when airlines compete in a Cournot type of competition, we find that both countries are best off, in terms of welfare, if airports are kept under government ownership (i.e., manage their airports as welfare maximizers)

  • LadyMeow@lemmy.blahaj.zone
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    2 days ago

    Good luck with that. Went great for America.

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