Air Canada Shares Back on TSX
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After emerging from 18 months of bankruptcy protection, Air Canada shares go back up on the board of the Toronto Stock Exchange today.
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Aug. 17 (Bloomberg) -- Air Canada creditors including a General Electric Co. unit and Deutsche Bank AG cleared a plan that gives them most of the company&#39;s equity when the carrier emerges from bankruptcy protection at the end of September.
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KITCHENER - A takeover offer for ThyssenKrupp Budd Canada sent shares of the automotive supplier up 72 per cent on the TSX on Monday.
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An Ontario court approved Air Canada&#39;s restructuring plan today, while one of Canada&#39;s major banks sold off its debt in the airline.
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Shares in Air China, the country&#39;s flagship carrier, closed 8.2 per cent higher yesterday when it began trading in Hong Kong, as Chinese stocks in the territory continued to rebound
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Airline stocks moved slightly higher Tuesday on hopes fuel costs might become more manageable after the head of the Organization of Petroleum Exporting Countries said crude oil prices would likely retreat in the next few months.
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Telstra Corp has announced a $750 million off-market share buy-back as part of its capital management program. Telstra expects to return $1.
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Shares of Air Canada (AC.TO: Quote, Profile, Research) fell by more than half on Wednesday, after the Toronto Stock Exchange said it was reviewing the company&#39;s stock to determine if it meets listing requirements.
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U.S. airline stocks rallied on Tuesday on falling oil prices and a Wall Street Journal report that Delta Air Lines Inc  was in merger talks with Northwest Airlines Corp  and United Airlines parent UAL Corp .
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Deutsche Bank AG is buying Air Canada convertible debt with a face value of C$850 million ($761 million) for C$124.3 million, speculating the airline&#39;s shares will rise when they resume
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TORONTO (CP) - Higher oil and gold prices along with a financial services sector on the mend fuelled respectable gains on the Toronto stock market Thursday.
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A â¬700 million (Â£484 million) stake in Air France-KLM was put up for sale by the French Government yesterday, as part of an effort to more than halve its holding in the carrier to below 20 per cent.
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Ottawa should end the monopoly the airports hold over the airlines to reduce the price of landing at Canadian airports - especially at Lester B. Pearson International Airport in Toronto, says the head of the International Air Transport Association.
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WELLINGTON : Trading in Air New Zealand stock resumed, a day after Singapore Airlines (SIA) sold off its 6.3 percent stake in the flag carrier for 61.
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QANTAS Airways shares firmed yesterday following British Airway&#39;s sale of its 18.25 per cent stake in the carrier. BA&#39;s 336 million shares in Qantas were sold to Australian and international institutions at
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TORONTO (CP) - An early-morning outage at Air Canada&#39;s reservation computer caused delays in some flights Wednesday, one day after the troubled airline staged parties across the country for employees with pop star Celine Dion to proclaim it&#39;s back on track
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Air Canada expects to post stronger financial results for the third quarter, despite the impact of higher fuel costs on the airlines bottom line.