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			<p id="updated">Posted  AT 1:42 PM EST on 08/08/08</p>
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			<h2>Air Canada braces for slowdown</h2>
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<p class="byline">
								
                                
 BRENT JANG
									
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<p class="source">Globe and Mail Update</p>    


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Air Canada says it's preparing to weather a stormy second half of 2008 with the help of oil-hedging contracts and selected leaseback of planes.

Montreal-based Air Canada had announced in June that it will cut seat capacity worldwide by 7 per cent this fall and also chop 2,000 jobs, saying high fuel prices were forcing up ticket prices and dampening consumer demand.
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	<p class="note">The full text of this article has <em class="wordlength">541 words</em>.</p>

	
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