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Jay Currie

One Damn Thing After Another

4/02/2004

Mayday, Mayday....Oh....Jesus

Enough politics, our own airline, serving the true north strong and free is looking for another sucker investor.
Hong Kong magnate Victor Li pulled out of a C$650 million ($500 million) deal to rescue insolvent Air Canada on Friday, forcing the world's 11th largest airline to seek a new partner and casting doubts about whether it can stay aloft.
reuters
Fortunately the government thinks it's all cool and does not think it needs to step in.

Of course, when the planes stop coming to Saskatoon this view may change. Or not. But finding aprivate sector 650 million Canadian dollars is not going to be easy. Perhaps the government should look for an intermediary. Yes, that's the solution. You heard it here first.