Spoke with @WestJet and @AirCanada CEOs again today about COVID-19 and its impacts on the airline industry. We know some sectors of our economy - like travel & tourism - are more vulnerable than others, and we’ll keep working together as we look at ways to support those affected.
I’m not in favor of an airline bailout unless there are lots of strings attached: - we (the taxpayers) become the majority shareholders - regular airline employees get assistance first (before execs) - a ban on share buybacks - CEOs have their salaries and bonuses frozen
building
... please keep our two national carriers afloat. So essential.