Air Canada Provides Update on Restructuring.

0 Comments | M2 Presswire, September, 2004

M2 PRESSWIRE-13 September 2004-AIR CANADA: Air Canada Provides Update on Restructuring(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:09102004 MONTREAL /CNW Telbec/ - Air Canada provides the following update on the airline's restructuring under the Companies' Creditors Arrangement Act: Thirtieth Report of the Monitor now Available The Thirtieth Report of the Monitor has been completed by Ernst & Young Inc.

and is available at aircanada.com . The Report provides the Court with an update regarding: 1) The Initial Determination Date under the Plan; 2) Outstanding matters relating to the Air Canada Pilots Association (ACPA). The Monitor will seek directions from the court with respect to the effect of the Plan and the Sanction Order on the issues raised by...