I expect the 310s and 737NGs to get removed from the fleet. That will pull down the overlap in YUL to a great extent. The big question is how does the TS purchase and consolidation with Rouge go for gate space in YYZ. I could see Calin making a deal that includes TS giving up gates in T3 to WS to expand their international widebody operations. In exchange TS/RG go to the infield terminal with a better bus connection to T1. This would likely solve the competition issues in YYZ. Another question is will Garneau use his new powers from the Transport Canada Modernization Act to overrule the Competition Bureau?
The last period of unprofitability was 2005 to 2006. Hidden in the past were a few other factors: (1) There was a problem with the interface between the back office Revenue Management System and the OpenSkies Passenger Sales and Service system that had a knock on effect of Openskies not updating the external GDS systems with price adjustments. (2) There was a second problem within the Openskies system being unable to handle sales with a few combinations of YYT-HNL/OGG because this was the first time WS had itineraries going over 24hrs in travel. (3) The first two problems combined into a drop of 10's of millions in revenue as seat sales were not properly posted to the GDS system nor to ws.com. The IT department borrowed Clive's Amex to get better/faster servers installed in 24hrs notice. It was the treasury department that alerted Management to the GDS problem because the bank was getting drained fast. (4) WS also had to pay $15 million to charity to settle out of court the case involving hacking into the AC employee booking site. (5) Jetsgo shut down unexpectedly and WS took it upon themselves to offer deeply discounted airfares to the affected pax.