No government involvement or financial guarantees of any kind. Government - Custodian of the public interest. Business Aircraft - Represent GA customers Natural monopoly and nature of essential service makes it readily financeable at low cost. High credit ratings provide for a lower cost of capital than equity. Customers on Board replaces profit motive as an efficiency driver.
Government is still safety regulator.
Government personnel and procurement policies dropped. Directors and Officers are subject to the common law obligation as fiduciaries to act in good faith and in the best interests of the corporation. Elected officials or employees of federal, provincial or territorial governments. Now on time and on budget final delivery in Fall 2000. Reduced rate of operating irregularities.