NAV CANADA EYES C$145 MILLION REVENUE SHORTFALL, DELAYS CAATS

Nav Canada plans to reduce about C$85 million (US$54.2 million) in costs through its operations as part of its plan for dealing with a possible C$145 million ($92.5 million) revenue shortfall during the fiscal year Sept. 1, 2001-Aug. 31, 2002. Cost cuts will come from corporate overhead, operations...

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