FlyerTalk Forums - View Single Post - Air Canada says loss widens to $400 million in first quarter
Old May 8, 2009, 12:40 pm
  #5  
pitz
 
Join Date: Apr 2002
Location: YXE
Posts: 3,050
Yeah Calin....but the airline couldn't even make money during a period of almost unprecedented economic growth in Canada.

Its good to have an upbeat attitude, but is a bankruptcy filing really avoidable? And with all the divestable assets gone (ie: Aeroplan, Jazz, etc.), who would want even to provide DIP financing?

A year from now, IMHO, its really gonna be a different world in the Canadian airline industry.
pitz is offline