Bloomberg Aimia Inc. bondholders are betting the loyalty-programme company can ride out the short-term turbulence caused by the loss of its key partner. Shareholders aren’t so sure. The Montreal-based company’s C$250 million ($197 million) of May 2019 bonds have bounced back from their initial drop after Air Canada, the country’s largest airline, said in May that it will withdraw from ...

Bloomberg Gildan Activewear Inc. has big plans for American Apparel. Since buying the iconic L.A. brand at a bankruptcy auction earlier this year, the Canadian maker of T-shirts and underwear has rebuilt inventory and ramped up shipments to wholesalers. It’s now preparing to relaunch the e-commerce website, while also aiming to boost exports and explore retail opportunities. “At the end ...

Bloomberg A raft of airline policy changes prompted by the high-profile case of a man who was injured while being dragged off a plane in Chicago earlier this year have had a dramatic result: airlines reported the lowest level of in- voluntary passenger bumpings in history. Ticketed passengers who were refused a seat on flights fell to 44 per million ...