Air Canada responds to Canadian Airlines Debt Restructuring Plan.

0 Comments | M2 Presswire, February, 2000

M2 PRESSWIRE-3 February 2000-AIR CANADA: Air Canada responds to Canadian Airlines Debt Restructuring Plan (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:02022000 MONTREAL -- In response to today's announcement by Canadian Airlines of a Debt Restructuring Plan, including a temporary payment moratorium on its debt and aircraft lease facilities, Air Canada is issuing the following statement: Customers and employees can take assurance from the fact that, since it began the process of acquiring Canadian Airlines, Air Canada has consistently committed itself to protecting the interests of both customers and employees of Air Canada, Canadian Airlines and their wholly owned subsidiaries, and will continue to do so.

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