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.

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.

Personnel administration, Compensation and benefits, Pensions

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