NavCanada last week claimed Air Canada's filing for bankruptcy protection could lead to a bad debt expense

NavCanada last week claimed Air Canada's filing for bankruptcy protection could lead to a bad debt expense of about C$44 million ($29.8 million) (see p. 58). The figure represents amounts owed to NavCanada by the mainliner and Jazz Inc. and Zip Airlines up to the Apr. 1 bankruptcy filing date...

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