Air Canada 777. Courtesy, AC Air Canada (AC) reported a third-quarter net income of C$429 million ($432.2 million), reversed from a net loss of C$124 million in the year-ago quarter. This improvement was driven by favorable foreign exchange gains, AC said in a statement. Third-quarter revenue rose 2.6% to C$3.33 billion and operating income was C$421 million, up 56% from C$270 million year-over-year. AC president and CEO Calin Rovinescu said in the third quarter the carrier ...

Subscribe to Access this Entire Article

"Air Canada returns to profit in 3Q" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.