Manufacturing Industry
-Canadian govt makes ruling on Canadian Airlines/Air Canada merger plans
Airline Industry Information, Oct 25, 1999
The Canadian government has apparently ruled that the bid by Onex Corp to acquire and merge Canadian Airlines and Air Canada is subject to a full review by the Competition Bureau. In related news, Air Canada's pilots have announced that they will not seek to acquire an equity stake in their carrier as a counter bid to the Onex Corp proposal, but have requested that the Canadian government clarify its rules on airline ownership.
AIRLINE INDUSTRY INFORMATION-(C) 1997-9 M2 COMMUNICATIONS LTD
COPYRIGHT 1999 M2 Communications Ltd.
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