Airlines need aid or ability to fly to escape ‘catastrophic territory,’ Air Canada CEO warns

The chief executive of Canada’s largest air carrier says it’s time for the federal government to either relax pandemic-related restrictions on travel or provide more aid to a beleaguered airline industry that has been left “basically … in shutdown mode” due to measures put in place to limit the spread of COVID-19. “This is catastrophic territory,” Air Canada CEO Calin Rovinescu told the Financial Post in an exclusive...