04-01-2022, 01:30 PM
(04-01-2022, 01:18 PM)SammyOES Wrote: The board seats seems bad and so does the arrangement where the foreign owner also provides the planes.
Leasing airplanes from foreign companies is super common. Major Canadian carriers like Air Canada lease significant numbers of their planes, often from foreign firms. I think the board seats are more likely to be the issue, though if there were unusual leasing terms that could be a problem.