> >Air Canada Comments on Media Speculation on its Plans for a Low Cost Carrier > > > > > > MONTREAL, Dec. 14 /CNW/ - A media report today suggests that Air Canada >may have abandoned its plans for its proposed western based low cost carrier. >This report is inaccurate. > While no start date had yet been announced for the new carrier, Air >Canada President and Chief Executive Officer, Robert Milton, recommended to >Air Canada's Board of Directors on Wednesday that Air Canada postpone any >formal announcement regarding the launch of the low cost carrier until such >time as further planning is completed and the benefits to the Canadian >travelling public can be more fully communicated to consumers and communities >across the country. > "Recent public opinion research conducted by Ipsos-Reid confirms that >Canadians support increased low fare product offerings from Air Canada," said >Mr. Milton. "We now need to continue working with governments and communities >throughout Canada which will benefit from our participation in this important >and rapidly growing sector of the market." > "The Board wholeheartedly endorsed management's recommendation to do >further work and consultation in this regard as Air Canada continues to focus >on reducing costs and thereby enable it to profitably continue expanding its >product offering in the low fare segment," said John F. Fraser, Chairman of >the Board. > The results of the Ipsos-Reid survey can be viewed on the homepage of the >Air Canada website at <http://www.aircanada.ca>www.aircanada.ca under >"Latest News." The nationwide >telephone survey of 500 Canadians was conducted by Ipsos-Reid between November >30th and December 6th, 2001. The results of the survey are accurate within +/- >4.4% (19 times out of 20). > The owner of Roger's Trinbago Site: Roj (Roger James) *************************************************** Trinbago site: http://www.tntisland.com ICQ: ICQ # 15836110 ICQ Pager: mailto:15836110@pager.icq.com escape email #!1 mailto:ejames@escape.ca yahoo email #2: mailto:triniroj@yahoo.com Yahoo Pager: triniroj Caribbean Brass & Soca Connection Group on Yahoo: http://groups.yahoo.com/group/caribsocabrass Caribbean Brass & Soca Connection Club Website http://www.tntisland.com/caribbeansocabrassconnection/ ******************************************************* Steel Expressions Orch http://www.escape.ca/~ejames/se/ email #1: mailto:steelexpressions@yahoo.com email #2: mailto:steelexpressions@home.com ******************************************************* The Trinbago Site of the Week: (Cable Company of TnT) http://frostbytei.com/clients/cctt/ (The Cable Company of Trinidad & Tobago) courtesy of Roj Trinbago Website & TnT Web Directory Roj's Trinbago Website: http://www.tntisland.com TnT Web Directory: http://search.co.tt *********************************************************