Air Canada Comments on Unusual Share Trading Activity

MONTREAL, Nov. 6, 2013 /CNW Telbec/ - Air Canada provided the following statement on the unusual trading activity of AC-B shares earlier this morning on the Toronto Stock Exchange (TSX).

The Corporation has no pending material news to be issued and was advised by the Investment Industry Regulatory Organization of Canada (IIROC) that the temporary halt between 11:01 and 11:06 was solely triggered by their Single Stock Circuit Breaker Rule.   Various external sources have indicated to Air Canada that there is speculation, not yet substantiated, that the Single Stock Circuit Breaker Rule may have been triggered by an erroneous trade order that was placed in respect of the AC-B shares.

Air Canada's third quarter financial results are scheduled to be issued on Friday November 8 prior to the opening of markets, as previously announced.

SOURCE: Air Canada

For further information:

Isabelle Arthur (Montréal)  514 422-5788
Peter Fitzpatrick (Toronto)  416 263-5576
Angela Mah (Vancouver)  604 270-5741

Internet :

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890