Page added on July 11, 2008
Sky-high jet fuel prices that are forcing the world’s airlines to throttle back flights to conserve cash hit maintenance hangars hard yesterday.
ACTS, the Montreal-based full-service maintenance, repair and overhaul company, said it has laid off a total of 650 permanent and contract workers “temporarily,” citing turmoil in the airline industry and Air Canada’s pending seven per cent reduction in capacity
Canada
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