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Air Canada Thinks Twice


sambucca

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Air Canada proposes to significantly narrow its damages claim and remove its claim for damages for intentional interference with economic relations , breach of confidence , breach of contract and breach of fiduciary duty. Air Canada also proposes to drop its claim for loss of goodwill.

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Air Canada proposes to significantly narrow its damages claim and remove its claim for damages for intentional interference with economic relations , breach of confidence , breach of contract and breach of fiduciary duty. Air Canada also proposes to drop its claim for loss of goodwill.

Pardon? I must be very dense tonight but, this pertains to what exactly? huh.gif

ccairspace

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Air Canada proposes to significantly narrow its damages claim and remove its claim for damages for intentional interference with economic relations , breach of confidence , breach of contract and breach of fiduciary duty. Air Canada also proposes to drop its claim for loss of goodwill.

The cracks are forming....... cool26.gifcool26.gif

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Anyone care to provide a link to where this comment came from.

Press Releases/Communiqués de presse

FOR: WESTJET

TSX SYMBOL: WJA

WestJet Responds to Air Canada's Motion to Amend its Statement of Claim

NOVEMBER 5, 2004 - 19:18:31 ET

CALGARY, ALBERTA--(CCNMatthews - Nov. 5, 2004) - WestJet has received a

motion by Air Canada to amend its Statement of Claim.

Air Canada's motion proposes to significantly narrow its damages claim

and to remove from its Statement of Claim the claims for damages for

intentional interference with economic relations, breach of confidence,

breach of contract and breach of fiduciary duty. Air Canada also

proposes to abandon its claim for loss of goodwill.

In its Statement of Defence, WestJet states the information on the Air

Canada employee website is not confidential and in fact is available to

the public through many sources, including counting passengers at

airports and other public websites. WestJet states that losses Air

Canada has claimed arise not from any use of information on the website,

but from Air Canada's mismanagement of its business, its decision to

persist in selling seats on flights for less than cost, its high-cost

structure and the poor treatment of its customers.

The motion also seeks to add five individual WestJetters as Defendants.

This confirms what WestJet has always known, that Air Canada's real

motive in its lawsuit is not to recover damages but to distract the

market and discredit WestJet and individual WestJetters through the

Court process.

It is WestJet's view that Air Canada's claim against WestJet and these

individuals is ill founded and will not succeed. WestJet fully supports

those named in this Amended Statement of Claim and will defend these

claims vigorously on their behalf.

WestJet is publicly traded on the Toronto Stock Exchange under the

symbol WJA.

FOR FURTHER INFORMATION PLEASE CONTACT:WestJetSiobhan Vinish (Pronounced Sha-von)Director, Public Relations and Communications(403) 444-2615(403) 444-2261Website: www.westjet.com

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Press Releases/Communiqués de presse

FOR: WESTJET

TSX SYMBOL: WJA

WestJet Responds to Air Canada's Motion to Amend its Statement of Claim

NOVEMBER 5, 2004 - 19:18:31 ET

CALGARY, ALBERTA--(CCNMatthews - Nov. 5, 2004) - WestJet has received a

motion by Air Canada to amend its Statement of Claim. 

Air Canada's motion proposes to significantly narrow its damages claim

and to remove from its Statement of Claim the claims for damages for

intentional interference with economic relations, breach of confidence,

breach of contract and breach of fiduciary duty. Air Canada also

proposes to abandon its claim for loss of goodwill. 

In its Statement of Defence, WestJet states the information on the Air

Canada employee website is not confidential and in fact is available to

the public through many sources, including counting passengers at

airports and other public websites. WestJet states that losses Air

Canada has claimed arise not from any use of information on the website,

but from Air Canada's mismanagement of its business, its decision to

persist in selling seats on flights for less than cost, its high-cost

structure and the poor treatment of its customers. 

The motion also seeks to add five individual WestJetters as Defendants.

This confirms what WestJet has always known, that Air Canada's real

motive in its lawsuit is not to recover damages but to distract the

market and discredit WestJet and individual WestJetters through the

Court process. 

It is WestJet's view that Air Canada's claim against WestJet and these

individuals is ill founded and will not succeed. WestJet fully supports

those named in this Amended Statement of Claim and will defend these

claims vigorously on their behalf. 

WestJet is publicly traded on the Toronto Stock Exchange under the

symbol WJA. 

FOR FURTHER INFORMATION PLEASE CONTACT:WestJetSiobhan Vinish (Pronounced Sha-von)Director, Public Relations and Communications(403) 444-2615(403) 444-2261Website: www.westjet.com

Thanks, should I be surprised that this is a WJ press release?

Perhaps we can get an independant source to comment on the revision of claims.

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WestJet states that losses Air

Canada has claimed arise not from any use of information on the website,

but from Air Canada's mismanagement of its business, its decision to

persist in selling seats on flights for less than cost, its high-cost

structure and the poor treatment of its customers.

...and AC agrees to drop the goodwill part??

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Thanks, should I be surprised that this is a WJ press release?

Perhaps we can get an independant source to comment on the revision of claims.

Yes, check out Globe and Mail article published this morning. Much different look at things.

Maybe when Clive offers his redignation this time, it will be with some feeling and sincerity.

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Globe article

None of what I've read anywhere, other than the WJ release, so far has any indication that the suit has been "narrowed" and items dropped?

Is WJ just adding spin to make it look better, or are they zeroing in on what they consider as being most significant, that others -for their own spin- aren't bothering to report?

It's hard to imagine any newspapers "spinning" things in AC's favour!? Not used to that at all!

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