Airline Air Canada reported Friday a profit for the third quarter compared to a loss in the year-ago quarter, reflecting a significant gain on foreign exchange as well as a decrease in operating expenses on lower fuel expenses.... [read full story]
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Air Canada reported third-quarter net income of C$277 million ($260.2 million), reversed from a net loss of C$132 million in the prior-year period, noting that it was helped significantly by a C$295 million foreign exchange...
Airline taxied to profit on fuel, currency gains MONTREAL–Air Canada sees small signs of improvement but no revenue recovery for at least a year, its CEO said Friday on a conference call about its third-quarter results. "The...
Air Canada airplanes sit parked on the tarmac at the Calgary airport Jeff McIntosh/The Canadian Press Plus, Britain frets over asset bubble, Suncor to sell assets, and T. Boone Pickens plans Canadian energy fund Today's top...
OTTAWA - The country's biggest airline said its results continue to be bruised by economic weakness and declines in passenger and cargo revenue, but conditions are no longer deteriorating. "An airline that is more reliant on...
MONTREAL - Air Canada (TSX:AC.B) is seeing small signs of improvement but doesn't expect a full recovery in its revenues for at least a year, the airline's chief executive said Friday during a conference call about the...
Air Canada (TSX: AC.B ) is seeing small signs of improvement but doesn't expect a full recovery in its revenues for at least a year, the airline's chief executive said Friday during a conference call about the airline's...
reported a quarterly net profit Friday and said it sees signs the bottom of the recession is behind it although it does not expect a full recovery for another 12 to 18 months. The country's biggest airline said its results...
Air Canada CEO Calin Rovinescu at the unveiling this month of the airline's Winter Olympics livery. And, Australia may be Down Under, but it's looking up Michael Babad Globe and Mail Update Published on Friday, Nov. 06, 2009...
Air Canada posts net profit in third quarter, turns around year-ago loss THE CANADIAN PRESS MONTREAL - In spite of lower passenger and cargo revenue, Air Canada (TSX:AC.B) turned reported a profit in the third quarter - thanks...
MONTREAL - In spite of lower passenger and cargo revenue, Air Canada (TSX:AC.B) turned reported a profit in the third quarter - thanks to lower fuel prices and foreign exchange gains. Analysts had pegged Air Canada's earnings...
Economy, Corporate Earnings, Corporate Performance, Air Canada, North America, Canada
