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Old Sep 28, 2004 | 3:09 pm
  #31  
FlyerTim
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Join Date: Jun 2004
Location: United Airlines - It's Time to Fly
Posts: 219
Originally Posted by terenz
Chapter 11 doesn't apply to AC or within Canada. AC isn't a U.S. airline. It did file for CCAA reorganization (previously, the liquidating administrators would just have been called in).
Air Canada and its US subsidiaries DID in fact file for Chapter 11 in addition to CCAA in order to protect the company's assets in the United States.
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