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Air Canada shares down 22% as Brewer leaves and banker arrives

Analysis

The announced departure of Air Canada giant, Montie Brewer, President and CEO since 2004 (and CEO for two years before that), along with his COO, Bill Brett, has opened the way for Calvin Rovinescu and Duncan Dee respectively to take over. The two were a team under Brewer in 2003-04, when the carrier filed for bankruptcy.

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