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Gold/Mining/Energy : Air Canada is taking off? -- Ignore unavailable to you. Want to Upgrade?

To: check737 who wrote (857)	9/27/1999 8:44:00 AM
From: Alomex	Read Replies (2) \| Respond to of 1033

Air Canada has all the marbles, they were going to win anyway, It was only a matter of time. Here you are working under the assumption that if the merger fails, CA will fold and AC will survive. Already the government has stated its unwillingness to allow this by suspending the competition rules. What I don't have time for is the crooks who want to steal my shares I bought for my retirement' In AC + CA, the whole is bigger than the sum of the parts. AC benefits significantly from this merger. Here are two: (1) higher load factors deriving from the lack of duplication and (2) access to CAs substantially cheaper labour pool (recall that CA employees earn substantially less than ACs).