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Stage III In Canada  
User currently offlineAC_A340 From Canada, joined Sep 1999, 2251 posts, RR: 1
Posted (15 years 3 months 2 weeks 18 hours ago) and read 763 times:

Does the stage three affect Canada? I heard it doesn't until April 1st.

One other question, How much longer do you think Canadian Airlines will be around?

1 replies: All unread, jump to last
 
User currently offlineYMQ From , joined Dec 1969, posts, RR:
Reply 1, posted (15 years 3 months 2 weeks 11 hours ago) and read 741 times:

According to a report by a NYC firm, CP will go bankrupt during the first quarter of 2000 if nothing is done. However they think this scenario has only 5% chances of happening because the government won't let the airline go down. Too much political pressure from the west would arise. The other scenarios are more likely to happen....They don't really see the ONEX plan happening either... Well not the most likely to succeed I should rather say.

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