Air Canada equity plans daunting

Article Abstract:

Air Canada is attempting to circumvent limits on foreign ownership as it seeks to raise new equity. The carrier is taking a look at restructurings in the telecom sector in order to get around those restrictions.

Strategy & planning, Planning, Company business planning

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Cost cuts send Air Canada to profit

Article Abstract:

Air Canada posted a profit of 30 million Canadian dollars for the quarter ending June 30, 2002. The carrier, which had posted losses for the last six quarterly periods, was helped by its cost-cutting measures.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit

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Midnight deadline for Air Canada

Article Abstract:

Air Canada has a deadline of midnight, June 1, 2003 to reach a labor deal with its pilots. The deal could prevent the carrier from declaring bankruptcy and from being liquidated.

Personnel administration, Labor relations, Pilots

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