A Pyrrhic victory. Though I detest how AC and ex-Nortel execs orchestrated Aveos' downfall, if the ruling holds, this may be the financial straw that breaks AC's back.
Air Canada is no longer a Crown Corporation but is now a private company hobbled by outdated and anti-competitive rules. Westjet execs must be overjoyed at this news.

AC retirees are already worried about the underfunding of their pensions. If this pushes the airline into financial collapse due to not being able to compete on a level playing field, there will be no Aveos, no AC, and no pensions. Thanks, Quebec, for appearing to support Quebec workers against a perceived federalist company. I'm sure that most Quebecers think that AC is still owned and operated by Les Federales.