Chaos hits travellers as airline strands thousands

Article Abstract:

Canada 3000 Inc.'s creditors began seizing its planes and the airline grounded its 38 aircraft which left approximately 50,000 passengers trying to find other transportation and its employees confused about their job situation. The company's creditors gave Canada 3000 Inc. until Tuesday to come up with a plan to save the company.

Financial management

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Airline warns big cuts coming: union

Article Abstract:

Canada 3000 vows cut in costs by 25 percent. Company officials announced they will cut costs by working with the union to avoid lay-offs, petition the govenment for bailout money, and reduce overhead.

Strategy & planning, Company Profile, Cost control

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New airline aims for business travellers

Article Abstract:

Skyservice Airlines plans to introduce a new carrier which would provide lower fares for business travellers.

Skyservice Airlines Inc.

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