10-Jun-2009 10:50 AM
Air Canada, American and Delta higher, Southwest and WestJet ease - Stock Wrap
Analysis
Air Canada's B shares rose another 2.8% yesterday as investors digested news that the carrier had struck agreements on pension funding and contracts with its unions late on Monday (see below). The deal will help ease Air Canada's cash drain and boosts its chances of survival. Rival WestJet's shares eased 1.3% yesterday.
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