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Glad I took a pay cut.

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Canada The great white north. A BIG country with few people and LOTS of aviation.

Glad I took a pay cut.

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Old 31st Dec 2005, 05:09
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Glad I took a pay cut.

Hey, look Im happy that Air Canada survived and Im still working but the transfer in wealth from my pocket to managements pocket is hard to take.

When Air Canada was going thru CCAA it was like-we'll get through this together. Now its "Ca-ching show me the money" but it isnt me seeing the money its management and I still have a pay cut.

Insiders sold 422,329 ACE shares and purchased 9,000 ACE shares representing net sales of $15,212,968
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Old 1st Jan 2006, 16:07
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Ahh and the AC unions and their financial advisors decided what? Hmm if I remember correctly the unions sold their shares low not a very smart move in retrospect. Hey if you’re going to tell a story at least be honest and tell the whole story.
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