New Air Canada holding company off to strong start
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ACE Aviation Holdings Inc., the new holding company for Air Canada, enjoyed a strong debut Monday despite a mixed outlook for the stock from analysts.
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Air Canada (ACb.TO) reported a narrower  operating loss in the fourth quarter on Friday, as the  country's biggest airline enjoyed stronger passenger revenues.
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While the entire airline industry&#39;s finances are under water, ATA Airlines will have to hold its breath longer than its competitors to keep from going belly up.
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Although Canada&#39;s high-flying dollar is a blessing for snowbirds, there are growing concerns manufacturers could soon find they simply can&#39;t compete on the world market.
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Shares of ACE Aviation Holdings Inc., the new parent company of Air Canada, rose on their first day of trading after the country&#39;s largest carrier emerged from bankruptcy protection with less debt and lower operating costs.
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A Canadian court approved Air Canada&#39;s (AC.TO: Quote, Profile, Research) plan of arrangement with its creditors on Monday, clearing the way for the world&#39;s 11th largest airline to emerge from bankruptcy protection at the end
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Shares of the new Air Canada pushed higher in early trading today, gaining more than 20 per cent from their issue price of $20. Parent company ACE Aviation Holdings&#39; class-B shares (TSX: ACE.
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Major airlines turn in a surprising industry performance.
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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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TORONTO (CP) - Air Canada&#39;s top executive gave a big thumbs-up Friday to a federal review of Canada&#39;s airline policies, particularly Ottawa&#39;s apparent willingness to liberalize international airline travel.
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Some of the world's major airlines, already bedeviled by competition from cut-rate carriers, are facing a fresh challenge from Gulf-based companies that are churning out huge profits and buying up new aircraft in great numbers.
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The country's airline industry is booming, but airports and air traffic control are not keeping pace with all the progress
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MONTREAL (CP) - Air Canada, due to emerge from bankruptcy-court protection this week, announced a revised deal with aircraft maker Bombardier on Monday that includes fewer firm orders.
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The leader of a Canadian team preparing to launch a piloted rocket into suborbital space is committed to making the spaceflight, even as hopes to win an international private space race appear to be slipping away.
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Creditors have approved plans by Air Canada to restructure its business, paving the way for the airline to come out of creditor protection.
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The airline posts its first profit in three years.
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JUST days after its launch, Airbus&#39;s brand-new jet last night won its first customer. Spain&#39;s Air Europa said it is to order 10 of the new 245-seater A350-800 aircraft with two further options.