11-02-2017, 08:41 AM
I don't love committing the airport to a specific company in an extremely hard industry. Incubators generally work well because they have multiple companies so they're not over exposed to the risk from any single company.
I'm not surprised at all with Jetlines position. I think we generally overrate the benefits of Waterloo compared to other airports. And it probably doesn't make a lot of sense for them to operate out of two airports so close together because there's extra cost in that.
I firmly believe Waterloo's time will come. The growth in the area (including Toronto) will fuel it. I like that they're trying things to speed the process along, but there's only so much they can do (that isn't giving too much up).
I'm not surprised at all with Jetlines position. I think we generally overrate the benefits of Waterloo compared to other airports. And it probably doesn't make a lot of sense for them to operate out of two airports so close together because there's extra cost in that.
I firmly believe Waterloo's time will come. The growth in the area (including Toronto) will fuel it. I like that they're trying things to speed the process along, but there's only so much they can do (that isn't giving too much up).