Ontario court OKs Air Canada restructuring
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Air Canada has been cleared for take-off. An Ontario court judge approved the battered airline&#39;s restructuring plan, and the company could emerge from bankruptcy protection as early as Sept.
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Bombardier Inc., the world&#39;s third- biggest maker of commercial aircraft, won an $821.2 million order for 30 aircraft from Air Canada, a smaller agreement than what was initially planned.
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A federal bankruptcy court judge yesterday granted US Airways most of the emergency pay cuts for its union members that it had said were critical to avoid liquidation.
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A bankruptcy court judge on Friday granted United Airlines (UALAQ.OB: Quote, Profile, Research) another 30-day extension to file its reorganization plan.
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Shares of the newly restructured Air Canada are set to take off after the airline emerges from creditor protection this week with an improved balance sheet, lower operating costs and an eye on the international market after 18 months under court
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The Canadian government, in a radical shift, said on Friday it was time to stop protecting national carrier Air Canada as it mulled whether to lift foreign ownership restrictions on the country&#39;s airlines.
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Federal bankruptcy judge will next consider the sale of all or part of the Indianapolis-based airline. By Ted Evanoff. A federal bankruptcy judge approved the $15.
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An imminent court decision on Northwest   Airlines NWACQ.PK flight attendants' right to strike could   disrupt the carrier's restructuring and also change how the   entire industry negotiates with its union employees.
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OTTAWA (CP) - Canada's top court says Ottawa has the authority to redefine marriage to include same-sex couples, but religious officials cannot be forced to perform unions against their beliefs.
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A U.S. bankruptcy court on Wednesday  allowed Delta Air Lines Inc.  to begin seeking  creditor approval for its reorganization plan, bringing the No.  3 U.S. carrier a big step closer to exiting bankruptcy this  spring.
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MONTREAL - Montie Brewer has been appointed president and CEO of Air Canada, the airline announced Wednesday. Robert Milton remains CEO of Air Canada&#39;s parent company, ACE Aviation Holdings.
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A Canadian court approved Air Canada&#39;s (AC.TO: Quote, Profile, Research) plan of arrangement with creditors on Monday, clearing the way for the world&#39;s 11th largest airline to emerge from bankruptcy protection at the end of next month
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TORONTO - The judge overseeing Air Canada&#39;s reorganization warned the carrier yesterday to ditch the &quot;us-versus-them&quot; mentality that has dominated the way business was conducted in the past.
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ALEXANDRIA, Va.  - A federal judge on Thursday  approved bankrupt US Airways' UAIRQ.OB cash finance deal with  a federal government board and another arrangement allowing the  airline to take delivery of nine regional jets.
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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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CALGARY, Alberta  - As many as 40 passengers were injured on an Air Canada Victoria, British Columbia, to Toronto flight that made an emergency landing at Calgary on Thursday morning.
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A U.S. bankruptcy court on Tuesday   allowed Delta Air Lines Inc. DALRQ.PK to terminate its pilot   defined benefit pension plan, clearing a major hurdle in its   restructuring plans.