Air Canada lashes out at Onex

Article Abstract:

Air Canada has criticized Onex Corp's aggressive effort to speed up the approval of its hostile merger proposal. The carrier said that Onex is railroading its shareholders and the Canadian government in its effort to sidestep existing regulatory restrictions governing the airline idnsutry. Onex Corp has earlier announced its proposal to acquire and merge Air Canada and Canadian Airlines International Ltd in a C$1.8-billion cash- and-stock deal.

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Schwartz still in hunt for 'well-known' name

Article Abstract:

Gerald Schwartz of Onex Corp. searches for a well know Canadian company to acquire after an attempt to merge Canadian Airlines International with Canada Airlines is withdrawn.

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Air Canada Aeroplan taxiing for trust status and a major IPO

Article Abstract:

The details of the initial public offering done by Air Canada are presented. ACE Aviation Holdings Inc, parent of Air Canada is planning to sell one fifth of Aeroplan.

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