Garth Jestley IAT Air Cargo Trust ACF.UN-T HOLD Oct 29, 2004

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

Garth Jestley

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DON'T BUY

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

DON'T BUY

There is uncertainty as Air Canada is their biggest customer.

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A good trust, but Air Canada has created problem.

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Garth Jestley IAT Air Cargo Trust ACF.UN-T HOLD Oct 29, 2004

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