I booked a flight for August on Air Canada. I saw on the news tonight that a judge has given AC until midnight tomorrow to come to a deal with the pilot's union. If a deal cannot be reached Sunday will be the day to decide if AC needs to be declared bancrupt and liquidated. Deep breath... I will not panic. I booked the flight through Sears Travel on my Sears card. I haven't got the bill yet. I don't know what happens if AC goes under. My daughter is beside herself. She got accepted to 3 universities today but the AC news has put a damper on the excitement.