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Judge Extends Air Canada Creditor Protection To Se

Sat May 22, 2004 12:42 am


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.