I think they are trying to buy it cheap. Private equity funds see a lot of potential for growth in this sector.
More Quotes from Jacques Kavafian:
This is a dispute that should never have happened. This is an irrational one. These pilots are the best paid in the country. Air Canada had offered them a 4.5 percent salary increase per year in a context where inflation stands 1.5 percent lower.Jacques Kavafian
The beauty of the airline business is that it is self-regulating. If you charge too much, people don't fly.
Jacques Kavafian
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We believe in loving our brothers regardless of race, color or creed and we believe in showing this love by working for better conditions immediately and the ultimate owning by the workers of their means of production.
Dorothy Day