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Air Canada: this is the way how it is possible to exit bankruptcy

Toronto, Canada - Operating cost cuts, fleet renewal and new commercial strategy are the secrets

Air Canada seems to have took away bankruptcy after 18 months: airline told that it exited it diminishing operating costs, reorganizing corporate structure, renewing fleet and the commercial strategies intended to achieve growth and profitability (see AVIONEWS). The Canadian carrier would have diminished its debts and lease obligations, also raising about a CND 1bn its new capital.

AVIONEWS - World Aeronautical Press Agency - 104932
Rome, Italy, 10/08/2004 18:26
AVIONEWS - World Aeronautical Press Agency

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