Guest AME Posted August 1, 2003 Share Posted August 1, 2003 Air Canada Seen Profitable As Smaller Airline By Charles Grandmont MONTREAL (Reuters) - A leading Canadian aviation analyst said on Wednesday that Air Canada is likely to come out of its fight against bankruptcy as a smaller and profitable airline, leading to an increase in airfares that will also help low-cost rival WestJet Airlines Ltd. . http://www.reuters.com/locales/newsArticle.jsp?type=topNews&locale=en_CA&storyID=3190624 Link to comment Share on other sites More sharing options...
Super 80 Posted August 1, 2003 Share Posted August 1, 2003 Only if they can get creditors to go for a debt for equity swap. A small Air Canada drowning in debt isn't much of an improvement. Link to comment Share on other sites More sharing options...
Guest AME Posted August 1, 2003 Share Posted August 1, 2003 I highly doubt that if the creditors don't go for it, there will be an Air Canada Link to comment Share on other sites More sharing options...
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