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Gold/Mining/Energy : Air Canada is taking off?
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To: Alomex who wrote (924)10/22/1999 9:28:00 AM
From: Serge Collins  Read Replies (1) of 1033
 
Air Canada just blew away all earnings estimates. Now were starting to understand why Onex wants to steal this company so badly. EPS of 65 cents and Cash Flow of $1.10 in the latest quarter. These numbers are very good. Onex can forget about getting Air Canada for $8.25 or even $12.25, it's not on.

The great thing is that Air Canada didn't just report blowout numbers, they also decided to poke Onex in the eye by signing a 10-year agreement with Cara. It's great!
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