The article below from NYTimes.com has been sent to you by psa188@xxxxxxxxx /--------- E-mail Sponsored by Fox Searchlight ------------\ THE CLEARING - IN THEATERS JULY 2 - WATCH THE TRAILER NOW An official selection of the 2004 Sundance Film Festival, THE CLEARING stars ROBERT REDFORD and HELEN MIRREN as Wayne and Eileen Hayes - a husband and wife living the American Dream. Together they've raised two children and struggled to build a successful business from the ground up. But there have been sacrifices along the way. When Wayne is kidnapped by an ordinary man, Arnold Mack (WILLEM DAFOE), and held for ransom in a remote forest, the couple's world is turned inside out. Watch the trailer at: http://www.foxsearchlight.com/theclearing/index_nyt.html \----------------------------------------------------------/ Air Canada Backed in Bid to Keep Flying April 5, 2004 By BLOOMBERG NEWS Air Canada should be permitted to continue to operate under bankruptcy protection while it seeks a new investor to replace Trinity Time Investments, a court-appointed monitor said. The airline told the monitor, Ernst & Young, that it had 952.7 million Canadian dollars ($725 million) in cash on hand and that it expected to have about 1.03 billion Canadian dollars by June, and should be able to operate for several months. "Accordingly, the monitor is of the view that the applicant should be allowed a period of time to further pursue its restructuring efforts and to commence a process for identifying an alternate equity investor or source of postemergence financing," Ernst & Young said in its report. Trinity, owned by Victor Li, a Hong Kong businessman, had offered to buy the airline, but it signaled on Friday that it did not expect to complete its investment of 650 million Canadian dollars. Air Canada, based in Montreal, has said it needs pension concessions from workers to emerge from bankruptcy protection. Trinity has said the airline cannot afford its current benefits plan because of competition from lower-cost carriers like WestJet Airlines and Jetsgo. Air Canada said that the war in Iraq, the SARS virus and expansion by domestic carriers reduced its 2003 revenue by 1.3 billion Canadian dollars from the previous year. http://www.nytimes.com/2004/04/05/business/05air.html?ex=1082169211&ei=1&en=d836bb66fb60f623 --------------------------------- Get Home Delivery of The New York Times Newspaper. Imagine reading The New York Times any time & anywhere you like! Leisurely catch up on events & expand your horizons. Enjoy now for 50% off Home Delivery! Click here: http://homedelivery.nytimes.com/HDS/SubscriptionT1.do?mode=SubscriptionT1&ExternalMediaCode=W24AF HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact onlinesales@xxxxxxxxxxx or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to help@xxxxxxxxxxxx Copyright 2004 The New York Times Company