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Old Mar 13, 2003, 1:48 pm
  #1  
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Join Date: Feb 2003
Location: Calgary, AB
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Air Canada to bankrupt?
Has anyone heard information on a supposed announcement that will be made tomorrow about Air Canada being bankrupt? As well, apparently the deal with Onex on the sale of Aeroplan fell through.
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Old Mar 13, 2003, 1:49 pm
  #2  
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Location: Southern Alberta
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...the rumour mill is rampant! Don't believe it.

[This message has been edited by airbus320 (edited 03-13-2003).]
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Old Mar 13, 2003, 2:01 pm
  #3  
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No truth to that.
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Old Mar 13, 2003, 5:36 pm
  #4  
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Location: Edmonton, AB, Canada
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Isn't the Onex thing at least delayed? If I was them I'd have serious second thoughts right about now.
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Old Mar 13, 2003, 7:51 pm
  #5  
 
Join Date: Jan 2001
Location: Toronto,
Posts: 834
Onex said they were waiting, or "doing due dilligence" which would now last until late April.
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