JGPH1A From , joined Dec 1969, posts, RR:
Reply 2, posted (10 years 2 months 2 weeks 1 day 13 hours ago) and read 1974 times:
Went hideously bankrupt after pseudo-merging with AA, was going to be bought by a US company fronting for AA (IIRC), but the deal was blocked somehow - ended up being (sub)merged into AC, who apparently decided to airbrush CP from history. Sad story.
Yyz717 From Canada, joined Sep 2001, 16248 posts, RR: 56
Reply 5, posted (10 years 2 months 2 weeks 1 day 8 hours ago) and read 1859 times:
CP was a very poorly run airline. They drove themselves into near bankruptcy which precipitated the AC buyout. Incompetent mgmt.
Rhys Eaton was good at running PWA as a regional carrier with 732's but he was useless once he brought CP into the fold with their D10 fleet & intl routes.
His successor Kevin Jenkins was the Harvard MBA son of a former PWA director. KJ did the most damage -- he could not manage his way out of a paper bag, let alone run an airline. A silver-spooned MBA airhead.
Panam, TWA, Ansett, Eastern.......AC next? Might be good for Canada.