Rattibone
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Posts: 121
Joined: Tue Jul 22, 2003 6:51 am

Judge Extends Air Canada Creditor Protection To Se

Sat May 22, 2004 12:42 am

http://www.cbc.ca/stories/2004/05/21/business/aircan_040521

TORONTO - Air Canada on Friday won a four-month extension of its court-ordered creditor protection, a day after the airline reached a tentative cost-cutting deal with the Canadian Auto Workers.


Justice John Farley issued the extension in a Toronto court room. His previous extension of the company's bankruptcy protection was due to expire today.

Lucky guys. They have the summer now to get their act together.

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