Hawkair reaches creditor deal FINANCIALLY-« TROUBLED local air -” carrier Hawkair has. struck: - a'deal ‘with one of its major "_ creditors to cut its monthly ' expenses. ; The deal with Field Aviation eliminates a fixed - ‘monthly payment” for a-.- Dash-8 100: the company, sold to Hawkair. Instead, Hawkair will — only { pay a fee when the air- craft is operating. . It’s expected to save the - “NISGA‘A language instructor Herb Morven, left, speaks with provincial ab-" | -. company up to $100,000 a | -. original affairs minister Tom Christensen who. visited the Nass Valley recently. - , s PAIN &=5T0PS toe’ DO YOu SUFFER FROM? © Tired Sore Feet © Back Pain _e leg Pain _ @ Neck Pain .. © Shin Splints _. © Heel Spurs on -@ Bunions =. +. -® Morton's _.© Calluses | c ° Neuroma- “You may | be suffering needlessly” month, ‘indicate documents oo. . pony pa ea ea as - filed with the Supreme Court Minister visits Nass. Valley — TE FREE Foot Care Examination last week as part of the com- , Announcing at last an examination of discovery that normally costs pany’ s “attempt to emerge THE PROVINCIAL minister in charge of er rather quickly,” said Christensen. : ; : $65.00 i is yours free by booking your appointment i in advance. 7 from bankruptcy protection: |. aboriginal relations paid a two-day visit to He added he was impressed with the Bh 8 Wewillex amine your foot and footwear for problem in dicotors. a, Hawkair then trimmed its | the Nass Valley two weeks ago, providing Nisga‘a Lisims Government building and © Create a weight bearing pedograph of the foot. service from Vancouver to |. .him the opportunity to attend a session of — with the legislative chamber. “I certainly —® Provide body balance analysis and demonstration. ©. 7 here and from Vancouver to the Nisga’a Lisims Government. plan on returnirig,” said Christensen. : e Discuss. with ‘he client the discoveries.of the examination and where to proceed. . ra the northeast to achieve th “Tom Christensen, the MLA for Okan- -- Whileat the Lisims legislative session, |. ‘ai jia\ ig rays mo) ont - savings. ; agmeve ne :. agan-Vernon, also spent’a day touring the — Christensen heard a school class fromthe ||. & - FOR APRK II ut ED i, Cate SONS AED - The information in “the ‘| . Nass Valley from one end to the other... - Nisga’a Elementary | Secondary School Boe 4 ‘DON HUTCHINSON, PEDORTHIC TECHNICIAN © Le ~ monitor’s report was consid- | ST got an invitation and it came. togeth- “ Sing: ‘0 Canada’ i in n Nisga’ ao. Soe 4 va Tae -Note: Your medical may pay for orthotics. (Check your plan} .. a © fa - . ered in court yesterday when ° _ Hawkair asked for approval ° to extend bankruptcy Protec- 9 ae |b ‘Ss ouRG ONCE A YEAR . .The Vancouver” firm of | - Campbell Saunders, which is. Hawkair’s court-appointed monitor, said the extension is warranted given progress made to reduce the airline’s - debt and expenses. ; _. “The company has con- ~ _ tinued to carry on its normal © . - business activities with very ~~ minimal disruptions,” the monitor:firm said in its court filing. - Citing high ‘fuel prices, high payments for the. three aircraft purchased. by the. _ company and stiff competi- -tion, Hawkair. first,filed for . bankruptcy protection last ‘October. : - Hawkair continues’ nego- _ tiations to refinance its other -two Dash 8s which were bought from a ‘company. called the IMP Group Ltd. The company’s monitor has said before that any go- forward rescue of Hawkair . requires greatly reduced payments to Field and IMP . as they are the company’s » major creditors.’ Negotiations continue with another creditor, the . federal Business Develop- © ment Corporation, to repay @ a. debt owed it. That will be accom- plished by selling Hawkair’s _ ' vintage Bristol airfreighter ~ now on display at an Alberta, museum. That Bristol formed the backbone of Hawkair’s first. venture as an air freight and transport company ‘in the ~ mid-1990s before it con- verted to a passenger service m= Fawkait must still craft a : FU RN ITU RE ut plan to repay’ or restructure _ ff. some items are floor models, limited quantities available. . - money owed to unsecured HH Select end tables from = wu sosgateteen $49.00 _ ~~. And it has to rearrange ° 3 piece coffee and end sets from. ssestssesessees $169.00, | | | | ‘its share capital which will 1 ee SALE : VV\A we = a . » affect numbers of local resi- lA Z-BOY Leather Recliners. “reg: $1049...... $698 Pe 4 °~0—C~C~CS ss reg.. ‘$2099... - $1208 at cludes a provision to even-- 9 TAO) | Mi UALR Simmons Queen Pocketcoil Set LuxuryIV ise. $1399 ......2. = ee : tually return the aircraft [i ie atm FR .. huge | _ Springwall Chiropractic King Set Talara oo ie 7 Hawkair purchased. So bees : - -Its not only an older © . model but heavier than new- er Dash-8s and that means "more money spent on fuel. ff aaa St ~~ Canwood price increase _ discounts! = Sprinewen creer Queen Set #t Signature’8 800. Prior to seeking bank- s ea ruptey protection, Hawkair . | __'\gianeeea — -announced for March 1st--Hurry in had cut back on other routes ADT ALCE 3 a & take advantage of the: curr ent. - in and out of Vancouver.. ae EN weed atin ie sO "Its current schedule re- [os mar, | \ | > unassembled sale pricing? . " tains its core service to Ter- race, Prince Rupert and in the northeast. Service reductions also fi - reduced the requirement for employees. Those cuts were made last year. Pre an aa a re ee Piece tT as eee eT