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Air Canada cuts 3500 jobs and raises fares in surprise move
Ottawa reacts as Air Canada, in a bid to stem losses, announces 3500 layoffs through attrition and staff buyouts and plans higher domestic fares next month. Prime Minister Chretien says government can do little, citing private market forces and recent airline takeover guarantees.
MENTIONED IN THIS ARTICLE
Ottawa
Jean Chretien
Air Canada
Chretien
CBC Television
Canadian Airlines
Transport
David Collenette
Canadian