In part one, Gordon and Jay weigh the opportunities in front of Air Canada against the challenges that come with them. In part two, the conversation turns to China, and why the country's Big Three carriers had such a rough second quarter.
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00:00 Welcome and agenda
01:38 Air Canada turnaround history
04:27 New CEO and headwinds
08:32 Competitive landscape and Aeroplan
14:25 Sixth freedom strategy explained
16:42 New aircraft and route growth
21:49 Forum plug and break
23:03 China big three losses
24:20 Why fares can’t rise
27:04 Fleet politics and economy
28:48 International bright spots
34:25 Wrap up and next week