It's called "unlocking shareholder value" and of course it will happen.Fanblade wrote: Someone will want to point out that Encore is wholly owned. Jazz and its predecessor airlines were also wholly owned for a few decades. Once costs started to climb AC looked for an alternative model. If Encores costs climb the same will happen. WJ will use the threat of contracting out and/or selling Encore to keep Encores costs competitive with AC express. IOW even if Encore stays wholly owed it will do so only by being hand cuffed to AC express WAWCON.
Besides, airlines today want to be nothing more than a name on the side of the plane... Airplanes, Employees - just liabilities...
