The 18th Report of the Monitor, Ernst & Young Inc, was released yesterday. It provides a comparison between the Cerberus bid and the Trinity Time (Li) bid for the carrier. Attachments to the report and past documents are also available online.

And while we’re on the subject of Air Canada, there is a current promo (registration required) to earn up to 60,000 miles for flights between Canada and Europe, Asia, Australia, India or Tel Aviv, and on non-stop scheduled flights operated by Lufthansa between Canada and Germany. Any status-earning fares qualify.