Ultra-Low-Cost Carriers: Allegiant Air and Canadian Airlines

ultra-low-cost carriers: Transport Minister Marc Garneau says he heard the gripes, and is taking steps to open up competition by raising the limits on foreign ownership in Canadian airlines, in hopes of spurring no-frills airlines, known in the industry as ultra-low-cost carriers, according to The Toronto Star. Those carriers like Allegiant Air in the U.S. or Ireland Ryanair offer only the basics and passengers will often pay for any extras, whether it to bring a carry-on bag or to print a boarding pass at the airport. PATRICK DOYLE / THE CANADIAN PRESS By Vanessa LuBusiness reporter Sat., Nov. 12, 2016 Canadians have long complained about sky-high air fares and fees on domestic routes, and on flights down south, millions are willing to trek across the border in search of better deals at U.S. airports. In a speech last week in Montreal, Garneau said the Liberal government would bring in legislation to raise the foreign ownership cap from the current 25 per cent to 49 per cent though no single investor can own more than 25 per cent. Article Continued Below But it unclear whether the raising of foreign ownership caps will be enough to lower the price of flights within Canada, with some calling for additional relief for existing airlines or even more dramatic changes to long-held airline regulations. This will lead to more options for Canadians, and allow the creation of new, low-cost airlines in Canada, Garneau said. (news.financializer.com). As reported in the news.