CAI's Asian routes key in air talks

Article Abstract:

Canadian Airlines International Ltd's attractive routes in Asia could become an important issue as major air carriers prepare to restructure their industry. However, the Calgary, Canada-headquartered airline refused to comment on whether it would consider selling its routes in the region. Canadian Airlines' routes to Hong Kong and Japan account for around 20% of the airline's flying capacity and approximately C$500 million to C$600 million of its yearly revenue.

Strategy & planning, Scheduled Air Transportation, Scheduled Airlines, Canadian Airlines International Ltd.

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Canadian 88 blames media for stock drop

Article Abstract:

Canadian 88 Energy Corp has blamed members of media and a number of 'rogue commentators' for the decline in the value of the company's shares. The natural gas producer, whose stock prices fell to C$3.11 per share on Sep 1, 1999, blamed uninformed reporting by some analysts and reporters for what it termed as a 'distortion' in the market. Canadian 88 has achieved record production levels and cash flow for the first half of 1999.

Crude Petroleum and Natural Gas Extraction, Securities issued, listed, Natural Gas, Canadian 88 Energy Corp.

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