Can These New Airlines Bring Canada’s Sky-High Fares Back to Earth?

(Bloomberg) — Travel nearly anywhere in the world, and you’ll find cheap airlines offering no-frills service, from European giant Ryanair Holdings Plc to Peach Aviation Ltd. in Japan, Flynas in Saudi Arabia, and Spirit Airlines Inc. in the U.S. But h ead north of the border, and the aviation landscape is untouched by ultralow-cost airlines. Canada ranks among the world’s most expensive countries to fly in, due in part to high airport and security fees and limited competition, and  service is meager in many small and midsize cities.  M ore than 60 percent of Canada’s 36 million people live within 100 miles of the border, and many head south to fly; about 5 million  cross the border each year  for cheaper flights. “Griping about the cost of air travel in this country is as endemic as bitching about the weather—it’s as if nothing can be done about either of …