The Canadian Press

1989-01-21 | Wardair-sold

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January 1989, was a month for corporate takeovers. The country's largest oil company, Imperial Oil, bought out Texaco. Molsons and Carllng O'Keefe combined their North American brewing operations into a 50-50 partnership. And Max Ward announced that he was selling the airline that he had built from the ground up. The new owner would be PWA Corp, owner of Canadian Airlines International. Ward said his company simply could not compete as a third airline and a relative newcomer to the scheduled airline business.

Date: 1989-01-21
Placeline: Toronto, ON, Canada
Source: The Canadian Press
Length: 16 seconds

Transcript Prediction: << it's really the age of the Medicare you're talking about Apache reservation systems we we had to rely on others you're talking about the two three hundred million dollars and a lot of time to get it into place >>

Clip ID: 19890121CPCN001