> >Air Canada Clarifies Comments Made During Media Interviews January 24 > > > > > > MONTREAL, Jan. 25 /CNW/ - Further to comments made by Air Canada CEO >Robert Milton during media interviews on January 24, Air Canada clarifies and >confirms the following: > > As previously stated, Air Canada continues to consider a number of >options available to improve its balance sheet, including buying back debt >securities on the open market and raising new equity from private investors or >through public offerings. Other previously mentioned options include the >possible spinning-off of certain of its divisions or subsidiaries. Air Canada >has not made any decision with respect to any of these alternatives including >as to a new share issue or as to the timing of any such initiatives. > In addition, Air Canada has not been and is not currently providing any >guidance on its projected financial results. Generally, business trends are >pointing to improvement as the year progresses and Air Canada is cautiously >optimistic that this improvement should assist in the Corporation's intended >return to profitability over the seasonally stronger quarters. However, no >comment will be made by Air Canada in respect of its financial performance >until the release of Air Canada's annual results on February 7, 2002. > 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: (Revellers Mas Band) http://www.revellers.com/ (Trini Revellers Mas Band) courtesy of Roj Trinbago Website & TnT Web Directory Roj's Trinbago Website: http://www.tntisland.com TnT Web Directory: http://195.224.187.36/ *********************************************************