SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Air Canada is taking off?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alomex who wrote (890)10/6/1999 10:56:00 AM
From: Alomex  Read Replies (2) of 1033
 
What do you think will happen to CA??????? Do try to remember that it is CA who is going under.

From Eric Reguly from the Globe and Mail (paraphrased):

We let Canadian go bankrupt (Chapter 11 as they say) which allows them to swap their entire debt for equity, and since CA is profitable if we exclude debt payments and servicing, AC would face a stronger competitor after CA is allowed to go under.

All of a sudden the merger with CA looks a lot more attractive to AC shareholders....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News