04:21:45 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Air Canada
Symbol AC
Shares Issued 358,469,286
Close 2023-12-07 C$ 18.90
Market Cap C$ 6,775,069,505
Recent Sedar Documents

Globe says Air Canada told airlines not well supervised

2023-12-08 08:55 ET - In the News

Also In the News (C-ONEX) Onex Corp

The Globe and Mail reports in its Friday edition that a United Nations aviation agency has issued a draft report that is highly critical of Ottawa's oversight of the safety of the Canada's civil aviation system. The Globe's Eric Atkins writes that the audit, conducted by the International Civil Aviation Organization (ICAO), found multiple lapses in Transport Canada's supervision of the country's airlines, commercial pilots, air traffic control and licensing regimes. Montreal-based ICAO gave Canada a score of 64 out of 100, down from 95 in its last audit, which was conducted in 2005. Twelve ICAO employees performed the audit over the first two weeks of June. The work included analyses of responses to questionnaires, and on-site inspections at government facilities, airline and service provider operations. In 2007, the United States' score was 90 per cent. John Gradek, who teaches aviation leadership at McGill University, described the audit as "scathing" and noted that Canada's score ranks it with countries in the developing world. He said ICAO is a credible agency that is thorough. He blamed the government's shift over several years to allow aviation companies to self-regulate and self-report problems.

© 2024 Canjex Publishing Ltd. All rights reserved.