Airlines' recovery still four to five years away even with a vaccine, industry watchers warn

Shares of Air Canada soared more than 28 per cent on Monday after the release of promising results for a vaccine against COVID-19, but industry watchers warn the struggling airline sector is still a long way from returning to normal and that the vaccine developments are unlikely to impact a relief package being hammered out with government. “I don’t really think it changes the calculus,” airline consultant Robert Kokonis...