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Air Canada creditors push for larger role in restructuring

Article Abstract:

Creditors of Air Canada have banded together to seek payment of over $800 million in debts from the bankrupt airline. The group, which is called the Ad Hoc Senior Financial Creditors, already has received payments of over $100 million from Air Canada.

Author: McArthur, Keith

Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003

Legal issues & crime, Legal/Government Regulation, Company legal issue, Cases, Debt

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Air Canada's pension deficit balloons

Article Abstract:

Air Canada posted a 500 million Canadian dollar rise in its pension deficit from the start of 2003. The carrier's pension deficit now stands at 1.8 billion Canadian dollars.

Author: McArthur, Keith

Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003

Personnel administration, Compensation and benefits, Pensions

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Subjects list: Canada, Finance, Airlines, Company financing, Air Canada

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