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.
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 ...
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