Air Canada (AC) reported a second-quarter net loss of C$96 million ($96 million), more than doubling a C$46 million net deficit in the prior-year period, as labor difficulties again hurt the Montreal-based carrier’s bottom line.
Air Canada (AC) reported a second-quarter net loss of C$96 million ($96 million), more than doubling a C$46 million net deficit in the prior-year period, as labor difficulties again hurt the Montreal-based carrier’s bottom line. But president and CEO Calin Rovinescu noted that new labor contracts recently agreed to via arbitration will allow AC to focus on returning to operating profitably (ATW Daily News, July 31). “Air Canada’s operations were adversely impacted by ...
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