Word of the Day

Exchange-Traded Fund

In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.

Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will rise and fall in value pretty much the same amount as the Dow or S&P.

You can also buy ETFs that invest in other types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few years, so there is no shortage of ETFs to invest in.

Home / Markets / Industries / Retail

Friday, July 04, 2008

Montreal-Trudeau Airport Inaugurates a New Route to Charlotte, North Carolina

Email this Story | Respond to Editor | Print

Comtex

MONTREAL, QUEBEC, Jul 4, 2008 (Marketwire via COMTEX) ----Aeroports de Montreal is pleased to announce that US Airways launched this morning its new daily service between Montreal-Trudeau and Charlotte, N.C. This new service will be operated by US Airways Express partner Republic Airlines using 86-seat Embraer 175 aircraft.

"This is yet another major milestone in our partnership between US Airways and Aeroports de Montreal. Today's announcement is yet further evidence of our constant efforts to increase and improve services to and from Montreal and reaffirm the Airport's role as one of the driving forces of the region's economy," said Mr. Normand Boivin, Vice President, Montreal Airport Operations.

"Montreal is a world class city with something to offer everyone," said Senior Vice President Schedule Planning and Alliances Andrew Nocella. "With this new service, travelers can enjoy old world charm, modern cuisine, or explore the 'Double Decker City'- one above ground and one below in La ville souterraine (the underground city). No matter the season, an adventure can always be had in Montreal."

The two and a half hour flight to Charlotte leaves at 8:00 am, while the return flight to Montreal departs 8:00 pm.

Charlotte is US Airways' largest hub with 565 flights and more than 5,900 employees. With this new service to Montreal, Charlotte has more than 125 non stop destinations worldwide.

US Airways is the fifth largest domestic airline employing more than 36,000 aviation professionals worldwide. US Airways, US Airways Shuttle and US Airways Express operate approximately 3,800 flights per day and serve more than 230 communities in the U.S., Canada, Europe, the Caribbean and Latin America. US Airways is a member of the Star Alliance network, which offers our customers 18,000 daily flights to 965 destinations in 162 countries worldwide. Additional information on US Airways can be found at www.usairways.com.

ADM is the local airport authority responsible for the management, operation and development of Montreal-Trudeau and Montreal-Mirabel international airports since 1992. The Corporation employs a total of some 600 people at both airports and at head office.

For further details on Aeroports de Montreal and the Corporation's activities, consult our website at www.admtl.com.

SOURCE: AA(C)roports de MontrA(C)al

Aeroports de Montreal Christiane
   Beaulieu Vice President, Public Affairs 514-394-7304

Copyright (C) 2008 Marketwire. All rights reserved. **********************************************************************
   As of Monday, 06-30-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND
   on 05-08-2008 for LCC @ $7.18. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com
   SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights
   reserved.