Airlines in panic mode as Canada clamps down on travel

The airline industry is in a financial tailspin as travel remains limited and borders of many countries are restricted because of COVID-19. In Canada’s aviation industry, airlines are under more pressure than ever before. The largest airlines are laying off thousands, while smaller ones could face bankruptcy. Robert Kokonis, founder of aviation consulting firm AirTrav, talks to “This Matters” host Adrian Cheung on the dire state of the industry, why the costs will be passed onto flyers (eventually) and what the federal government should be doing to help.