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? -- Ignore unavailable to you. Want to Upgrade?


To: Luke12_15 who wrote (826)9/14/1999 11:28:00 PM
From: Stephen O  Read Replies (1) | Respond to of 1033
 
To start they would not get it all for nothing. Other Airlines would be allowed to fly the routes of Canadian. I can also see Canadian debt holders suing Air CAnada, in American courts, for having acted in a predatory way. I can see the liens being placed on Air Canada planes down there. Of course you are aware about what happened to Loewen Corp in a US court. Bankruptcy is very messy, it is much cleaner neater and cheaper in the long run to get the merger over ASAP whether it's under ONEX or Air Canada themselves making the proposal, which is rumoured to be happening next week.