Air Canada to ask for judicial poison pill

Article Abstract:

Canadian Imperial Bank of Commerce has reached a tentative agreement with Air Canada over a $350 million poison pill. CIBC will take control of Air Canada's Aeroplan frequent flyer program in exchange for providing a $350 million loan to the struggling airline.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger

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Air Canada to sell miles to retailers, insurance companies

Article Abstract:

Canadian Imperial Bank of Commerce has reached a tentative agreement with Air Canada that will allow the struggling airline to sell its Aeroplan frequent flier miles to insurance and retail companies. Air Canada has filed for bankruptcy protection.

Contracts & orders received, Contracts & orders let, Contracts, Contract agreement

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WHO warning unhealthy for Air Canada

Article Abstract:

The World Health Organization's advisory that travellers avoid Toronto because of SARS fears is putting Air Canada's revenue at risk, says the company's CEO Robert Milton.

Sales, profits & dividends, International Affairs, World Health Organizatn, Economic aspects, Reports, Company sales and earnings, Company earnings/profit, World Health Organization, Severe acute respiratory syndrome, Milton, Robert

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