Ben Cheng IAT Air Cargo Trust ACF.UN-T DON'T BUY Apr 01, 2003

There is uncertainty as Air Canada is their biggest customer.

Ben Cheng

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DON'T BUY

Risky. Economy means air lines will be cutting back on their leasing spaces when contracts are renewed.

BUY

A good trust, but Air Canada has created problem.

HOLD

There is a growth in cargo generally. 2/3 of their space is in the Vancouver area.

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Ben Cheng IAT Air Cargo Trust ACF.UN-T DON'T BUY Apr 01, 2003

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