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Transport committee  I can tell you that Air Canada is not involved in Aeroman. Air Canada has no link to Aeroman. We never owned them. We never purchased them. So—

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  Not that we're aware of, no.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  Right now a variety of shareholders. ACE Aviation today holds about 28%, but as you may have read, it is in the process of divesting part of it, so after the transaction, they would hold 11%. The rest is publicly traded.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  What did he say exactly?

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  It depends on the issue. We have to look at what came out of that, i.e., the legislation that is before us. We are compliant with that legislation.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  Well, the relationship with Aveos is not one of agency. They are a supplier to us of various services. The obligations are on Air Canada. Again, like a broken record, I will reiterate that we are complying and intend to continue to comply.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  We made an undertaking, Mr. Chair, to look at the agreement and determine whether there is a clause--as you had asked--with regard to some maintenance, or that would prevent them from providing or doing the maintenance somewhere else. We will determine if the clause is confidenti

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  They do have more flexibility than we do.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  And their cost structure is better than ours.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  Exactly.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  If a shareholder or group of shareholders were to take proceedings, then we would, in a debate, demonstrate whether we comply or not.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

Transport committee  Yes, but they don't need to lift the corporate veil for that.

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

December 14th, 2010Committee meeting

Louise-Hélène Sénécal

December 14th, 2010Committee meeting

Louise-Hélène Sénécal