Air Canada under pension deadline gun

Article Abstract:

Air Canada tried to wrap up critical negotiations on pensions, cutting an additional $200- million in labor costs and concluded a deal to erase union grievances by the May 15,2004 deadline set by key financiers Deutsche Bank AG and GE Capital Aviation Services. Air Canada is seeking to repay the pension plan deficit over 10 years, twice the current five-year maximum allowable under federal regulations.

Legal issues & crime, Government regulation (cont), Government regulation, Personnel administration, Legal/Government Regulation, Laws, regulations and rules, Labor relations, Labor union welfare funds, Labour union welfare funds

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Bailout sought prior to attacks

Article Abstract:

Federal Liberals are accusing Air Canada of using the September 11th terrorist attacks as an occasion for requesting government relief and point to the fact that the company lobbied for $1 billion in aid previous to that date.

United States, Financial management, Scheduled Airlines, Scheduled Air Transportation, Regulation and Administration of Transportation Programs, Air Transportation Programs, Economic aspects, Finance, Political activity, Aviation, Transportation policy, Canada. Department of Transport, World Trade Center and Pentagon Attacks, 2001

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