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Wednesday, February 18, 2009

Air canada bankrupt


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air canada bankrupt

TORONTO â€" Air Canada said yesterday it was filing for bankruptcy protection from creditors, seeking time to reorganize its business and negotiate concessions from unions and help
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Air Canada filed for bankruptcy protection Tuesday, blaming the economic slowdown, the threat of terrorism, higher fuel costs and the need for changes in labor agreements for big
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An Ontario court on Monday approved Air Canada's restructuring plan that is aimed at allowing the airline to emerge from bankruptcy by the end of September with a smaller work
Air Canada says it plans to ask for an extension of its court protection from creditors and meet with its key equity investor in a bid to resolve a row over pensions that threatens
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Air Canada granted bankruptcy protection extension from Airline Industry Information in Business provided free by Find Articles.
Air Canada's struggle to stay airborne took a dramatic new turn Tuesday as it filed for and was granted court protection from its creditors â€" a move commonly known as filing for
Air Canada - which filed for bankruptcy protection last month - yesterday revealed that Sars had cost it Air Canada Grounds Planes As 'ruinous' Sars and War Hit Home.
Air Canada finally plunged into bankruptcy protection yesterday, vowing to keep its planes in the skies while it tries to slash labour costs and restructure its balance sheet.
is relaunched as Air Canada Jazz; corporation launches Zip, a Calgary-based low-cost carrier serving western Canada. 2003: Escalating travails force Air Canada to file for bankruptcy
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On 1 April 2003, Air Canada filed for bankruptcy protection; it emerged from this protection on 30 September 2004, 18 months later. During the period of bankruptcy protection, the

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