come on that long???

from the last AC Financial news.

Air Canada, which had more than C$2 billion in cash at the close of the second quarter, raised close to C$1.1 billion in a private offering in August and used C$729 million of that to repay debt, he said.

"As to a proper capital structure, I agree we are heavily debt de-leveraged right now: roughly 95 percent to 5 percent equity," he said