Canadian looks for oneworld lifeline
Members of the oneworld alliance are mulling over a temporary bailout for Canadian Airlines International. The struggling airline is looking for a cash injection of C$300-500 million ($200-$340 million) to put its financial house in order, and fight off Air Canada's takeover bid.
Keep reading this article by becoming a FlightGlobal member now
PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING
You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:
- Increased access to online news and in-depth articles from:
- FlightGlobal Premium covering the global aviation industry
- Airline Business providing insight for business leaders
- Weekly newsletters on topics across the industry