Control shakeup seen possible at Air Canada
Article Abstract:
Air Canada may hand over control of company. The author examines the restructuring plan of the company which includes staff paycuts, attempting to convert company's $11 billion debt into equity, and allowing investors to buy controlling interests in the company.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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64 per cent back bailout as Air Canada cuts back
Article Abstract:
A new poll suggests that most Canadians want the federal government to subsidize the ailing airline industry. Air Transat is expected to announce layoffs, and Air Canada is seeking to slash $500 million from its labor costs.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Carrier warns of earnings tailspin
Article Abstract:
Air Canada warns that its earnings would be 50 per cent lower.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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