Canada: Airline Added to Inquiry
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Air Canada said it had been included in the European Commissionâs investigation into price fixing on freight services. The airline added that it might suffer a liability as a result. Air Canada, Canadaâs biggest airline, said it was cooperating with investigators. It said it had received an official charge sheet, which sets out the commissionâs preliminary assessment in its investigation into suspected anticompetitive cargo pricing activities. The activities include the levying of certain fuel surcharges by a number of airlines and cargo operators in breach of antitrust laws. The European Commission last week charged several airlines, including British Airways , Lufthansa and SAS, with fixing freight service prices. Cathay Pacific and Singapore Airlines said they too had received a notice from the commission.
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The inquiry is part of a broader probe into influence-peddling involving a former Air Force official and the Boeing Company.
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The Justice Department is being asked to investigate new Northwest Airlines fees that added $7.50 to the cost of a round-trip ticket purchased through systems used by travel agents.
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Only hours after the US Department of Agriculture announced plans to lift the ban on the importation of Canadian cattle and beef products, a Canadian agency said they were investigating a new suspected case of &#39;Mad Cow&#39; disease.
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British Airways has announced that British and American authorities were investigating the carrier for alleged cartel activity involving it and other airlines.
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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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OTTAWA (CP) - An unmanned surveillance aircraft that could one day be used to patrol Canada's sprawling coastline will start zooming through the skies over the Atlantic and the Arctic within days.
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TORONTO - Shares of Nortel Networks dipped on the TSX in the wake of news the RCMP has launched an investigation into accounting practices at the telecommunications company.
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Air Canada has signed an agreement with Bombardier Aerospace for up to 90 Bombardier CRJ airplanes, officials said Monday. Bombardier makes Learjet business jets in Wichita and flight tests all its aircraft here.
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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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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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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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Beleaguered telecoms giant Nortel Networks has been mired in new controversy, after disclosing that Canadian police had launched a criminal probe into its bookkeeping scandal.
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Shares of Air Canada  AC.TO fell by  more than half on Wednesday, after the Toronto Stock Exchange  said it was reviewing the company's stock to determine if it  meets listing requirements.
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British and U.S. authorities are investigating alleged price-fixing in passenger fares and fuel surcharges by British Airways PLC and other airlines, the carrier said Thursday, and two senior executives have been placed on leave.
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Federal investigators Thursday tried to determine whether it was ice on the wings that caused a corporate jet to careen across a highway and slam into a warehouse.
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The Department of Transportation yesterday launched a formal investigation into the weekend&#39;s travel disruptions involving US Airways and Comair that left thousands of passengers stranded or separated from their baggage.