Control shakeup seen possible at Air Canada

Article Abstract:

Air Canada may hand over control of company. The author examines the restructuring plan of the company which includes staff paycuts, attempting to convert company's $11 billion debt into equity, and allowing investors to buy controlling interests in the company.

Management, Company Profile, Investor relations

---

64 per cent back bailout as Air Canada cuts back

Article Abstract:

A new poll suggests that most Canadians want the federal government to subsidize the ailing airline industry. Air Transat is expected to announce layoffs, and Air Canada is seeking to slash $500 million from its labor costs.

Labor force information, Administration of General Economic Programs, Business Aid Programs, Human resource management, Public opinion, Subsidies, Business assistance, Air Transat

---

Carrier warns of earnings tailspin

Article Abstract:

Air Canada warns that its earnings would be 50 per cent lower.

Similar abstracts:

• Abstracts: UN summit to tackle poverty, war. Canada, U.S. May Share Military Aircraft. Missile defence not a 'deal-breaker', Cellucci says
• Abstracts: Keep Canadian dollar: economist. Bank of Canada rate cut expected, size uncertain. Bank of Canada boosts 2000 growth forecast
• Abstracts: Firms brace for real-time computer test. Mosaid stock plunges after downgrade
• Abstracts: TV world faces shake-out as third network okayed. Let CanWest grow, CEO says
• Abstracts: Finance, rebate deals fuel jump in car sales. GM, Quebec eye metals venture

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.