Is that a good or bad thing for WestJet?
Fundamental economics should see the successful prosper and the weak fail. But our system regrettably tends to reward those that are unsuccessful. The bankruptcy system does that. The principle is fundamentally flawed when you think about it. The U.S. carriers get to preserve their dominant positions in the hubs that they fly to even though they have not paid their bills. How does that make sense? Air Canada walked away from owing the airports millions and millions of dollars. It still gets the same gates and preferential treatment, while we pay our bills and don’t. You have made other changes: leather seats, TVs for each passenger. Leather seats are actually very low cost. They cost a little bit more but they last a lot longer, and the public loves it. They feel much more luxurious than fabric. Overall, they are actually a savings to us. TV is very much a win for the consumer. Travelling is a very boring process. Being squeezed into a cigar tube at 40,000 feet, flying at 500 miles an
