Airline Financial stranges 06-02-2003 Cutting Its Labor Force May Not Be Enough For Air Canada ISSN: 10405410 Publication Date: 06-02-2003 Page: 1 Type: Periodical Language: English Air Canada (TSE:ACANQ) chance of a favorable results to cut its workforce by dint of one-fourth - 10.
Air Canada (TSE:ACANQ) chance of a favorable results to cut its workforce by dint of one-fourth - 10,000 employee - as it tries to place its financial house in order. most numerous of the airline's major unions have agreed to the proposal with the exception of the pilots. If all the unions agree, the airline possibility of goods to save $559.7 million a year in reduc labor costlinesss
However, observers question if labor savings will be enough to save the airline. A drastic reorganization