FlyerTalk Forums - View Single Post - AC seen puhsing Cara on costs
View Single Post
Old May 13, 2004 | 5:00 pm
  #11  
robsawatsky
 
Join Date: Nov 2003
Location: Richmond, BC, Canada
Posts: 1,511
Originally Posted by Andrew Webber
Maybe they signed for the six-month review assuming AC would be out of CCAA in <6 months and wuld have a harder time repudiating the contract?
I wouldn't at all be surprised if that is the case. If everything goes according to the current plan, AC should arise out of CCAA protection in September. If they don't meet the terms of their latest financing deal by this Saturday, I expect AC will be in extreme difficulty. I wonder if Paul Martin is holding off on the election call to ensure the AC situation doesn't become a major factor in the campaign?
robsawatsky is offline