Air Canada expects to gain altitude in 2006

Paul

Veteran
Nov 15, 2005
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After its first full year since emerging from a humiliating 18 months of bankruptcy protection, Air Canada found itself with an embarrassing problem on its hands: $300 million.

Having a wad of cash is an anomaly in North American aviation - at least for the so-called full service carriers like Air Canada.

The Montreal-based airline distinguished itself among the continent's aviation industry for its strong balance sheet.

CanadaEast Article....eh
 

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