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Air Canada reduces its operativity of 17%, planes are grounded

Ottawa, Canada - The Canadian carrier faces one of its worst period

It's getting considerably worse the financial situation of Air Canada, airline that operates in regimen of bankruptcy but that is not able to exit from the crisis, emphasized also by the Sars emergency that, as it is known, has had many cases just in Canada. The losses in the first quarter are doubled and amount to USD 354m, and just in the month of April to USD 152m, of which 125m because of the...

AVIONEWS - World Aeronautical Press Agency - 45235
Rome, Italy, 05/14/2003 11:03
AVIONEWS - World Aeronautical Press Agency

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