Air Canada out of bankruptcy protection: Past may weigh on stock price of new ACE

Article Abstract:

A report stated that management's shaky track record could be a factor that brought down the stock price of the airline's new parent company, after the emergence of Air Canada from 18 months of bankruptcy protection. Ben Cheriavsky, an analyst told the investors to take into account the current challenges faced by the airline industry including sky-high jet fuel prices and cut-throat competition.

Air Transportation, Scheduled, And Air Courier Services, Bankruptcy reorganizations, Bankruptcy reorganization, Company bankruptcy

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Blackout slams Air Canada

Article Abstract:

The failure of a generator at Air Canada's control center in Toronto, Ontario led to the grounding of the airline's global flights. Air Canada was one of many companies forced to shut down operations following a massive power failure in North America.

North America, Use of energy, Economic aspects, Energy use, Power failure, Power failures

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Air Canada to fight hostile motions

Article Abstract:

Air Canada looks to get its bankruptcy protection extended.

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