Air Canada CEO hopes Trump’s vow to cut taxes will spur similar change here
MONTREAL — The CEO of Air Canada said he hopes President Donald Trump’s promise Thursday to U.S. airline executives to cut taxes will spur similar action on this side of the border.
Calin Rovinescu said such a move might prompt Canada to cut various fees, charges and taxes that represent about 43 per cent of the average ticket price.
“We certainly hope that as other countries become more competitive, Canada will do likewise,” he said in Montreal after the airline, Canada’s largest, unveiled a new look for its planes and uniforms for its employees.
Trump promised airline executives at the White House that he would lower their corporate tax burden and roll back regulations. He also said he supports privatizing America’s air traffic control system.