Manufacturing Industry
Air Canada delays selection of equity investor
Airline Industry Information, Oct 30, 2003
AIRLINE INDUSTRY INFORMATION-(C)1997-2003 M2 COMMUNICATIONS LTD
Air Canada has reportedly postponed the selection of its main equity investor by two weeks and delayed the publication of its third-quarter results.
The airline has stated that it expects the two equity investors on its short list to submit binding bids next week, leading to the selection of the winning bid the following week.
The release of its third-quarter results have been delay indefinitely, according to Reuters.
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