Air Canada Files For Bankruptcy Protection
#1
Original Poster

Joined: Feb 2003
Posts: 10,623
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Air Canada Files For Bankruptcy Protection
..that's the bad news.<BR><BR>The good news: they have obtained interim (private) bridge financing, and it is business as usual. This includes those who are flying on Aeroplan points. However, you are asked to check your flight times - some may have changed. <BR><BR>
#2
Joined: Jan 2003
Posts: 32
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AC says it will be business as usual while they get their house in order. I fly to Paris with them on May 4 and have already paid for my accomodation there. My travel agent assures me that there is no need to make alternate travel arrangements.
#3
Joined: Jan 2003
Posts: 555
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Sadly the way things are going.. it may soon be nearly impossible to fly with an airline NOT under bankruptcy protection... Anyway, this is kind of funny as just this A.M I made res. on Air Canada to visit Jazz fest in June.. but.. we'll see, I shall hold out hope that they hang in there 'til June. This will be the 3rd time I've flown on bankrupted airlines... lol.. maybe it's me...???
#4
Original Poster

Joined: Feb 2003
Posts: 10,623
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Sorry, Thyra and others, I didn't mean to scare you; there is no risk of your not being able to fly as planned. Check aircanada.ca for further details. But in the long term, some routes may be cut or rescheduled.
#7
Joined: Mar 2003
Posts: 23
Likes: 0
I'm no fan of Chr�tien or the Liberals, but how can you possibly blame this on them? How are they responsible for the mismanagement of a private corporation? Are they responsible for United, US Air, and all the other financially troubled airlines in the world?



