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AC's 3rd Quarter Results  
User currently offlineStarAC17 From Canada, joined Aug 2003, 3354 posts, RR: 9
Posted (10 years 9 months 4 days 23 hours ago) and read 1794 times:

I haven't seen any threads on this at all so i'm going to ask. How did AC perform is the 3rd quarter (I would think it would be much better than the second)? Will they emerge from Ch. 11 by 2004 or not?


Engineers Rule The World!!!!!
2 replies: All unread, jump to last
 
User currently offlineCaptaingomes From Canada, joined Feb 2001, 6413 posts, RR: 56
Reply 1, posted (10 years 9 months 4 days 23 hours ago) and read 1785 times:

3Q results were to be announced today, but AC has delayed the results until next week. Makes you wonder how bad the news really is.


"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster
User currently offlineCanadaEH From Canada, joined Jul 2003, 1341 posts, RR: 4
Reply 2, posted (10 years 9 months 4 days 23 hours ago) and read 1770 times:

I think we all know that it is bad news.

The company also said its third-quarter financial report, which had been tentatively scheduled for release Thursday, will be delayed while the company completes a financial review related to its restructuring, including reorganization charges that could widen its reported losses.

Air Canada said it "will report its financial results once this review is completed."


Air Canada wil report its Third Quarter results on Nov. 10, and don't expect Air Canada to emerge from bankruptcy protection until early to mid 2004.



EH.
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