Monday, October 16, 2006

"Fool me twice, you won't get fooled again"

I see Air Canada's about to try to unload $200 million worth of stock and is going to screw the holders of Aeroplan miles. First advice: don't buy the stock. And don't buy a fund that buys the stock. Second advice: use any Aeroplan miles you have as soon as you can, if you catch my drift.
The last time I flew Air Canada, on a flight from Chicago to Toronto, my seatbelt came off in my hand and there was a full barf bag in the seat pocket in front of me. The time before that, they lost my luggage when I flew home from a trip to Florida. Air Canada is not my favorite airline, but they've never given me the screwing that they gave their last set of shareholders.

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