Air Canada - Montie Brewer "Resigns" Read: Told To Leave

[Cam]

MONTREAL, March 30 /CNW Telbec/ - David Richardson, Chairman of the Board
of Directors of Air Canada, today announced the resignation of Montie Brewer
as President and Chief Executive Officer effective April 1, 2009. Calin
Rovinescu, a former senior executive with the airline, will succeed Mr. Brewer
as President and Chief Executive Officer.

http://www.newswire.ca/en/releases/archive/March2009/30/c5739.html

The new guy is tough, according to "Inside Air Canada Sources".

[a78jumper]

AC Stock is down 13% on the TSE this morning. The company has a lot of problems.

[Cam]

AC Stock is down 13% on the TSE this morning. The company has a lot of problems.

That is unfortunately an understatement...