Dash Pilot, does this mean that the court order obtained in Ontario yesterday, under the Companies' Creditors Arrangements Act, is now redundant?
Yesterday, Angus J. Kinnear, the airline President said, "Delays in securing concessions essential to our restructuring have prompted the decision to seek the protection of the court. This step allows us to continue serving the travelling public while restructuring our operations to ensure the long term viability of Canada 3000."