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Canadian Airlines still under gun

Article Abstract:

Canadian Airlines is still struggling to recover as it bears pressure from a number of sources including the Asian financial crisis and different exchange-rate related problems. The company has been compelled to issue more high-risk, high-yield debt in order to improve its working capital condition, thus increasing its debt and interest costs. Successive losses has diminished the company's equity value to minus C$108 million. Its latest offering has been rated triple-C minus by Standards & Poors and Caa2 by Moody's Investors Service, lower than the B-minus and B3 rating given by S&P and Moody's, respectively, to the company's previous C$175-million issue. The offering also had to be cut by around 20% because of poor demand.

Comment:

Struggles to recover as it bears pressure from number of sources including the Asian financial crisis and competition

Strategy & planning, Scheduled Airlines, Scheduled Air Transportation, Airlines, Canadian Airlines International Ltd., Article

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VoIP rings the right bells for phone users

Article Abstract:

The trends in the voice over internet telephony services in Canada are presented. The internet based technology is getting popular for price, features and convenience.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, Cable telephony, IP telephony, Internet telephony

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