Bolstered by the rising value of the Canadian dollar and helped by decreasing unit costs, Air Canada reported third-quarter net income of C$244 million ($262.4 million), a more than sixfold jump over C$44 million posted in the year-ago period. Revenue increased 7.1% to C$2.95 billion and operating income surged 170% to C$351 million from C$130 million last year. "Our new business model continues to perform well, delivering increases in yields and unit revenues, while reducing unit costs. . ...

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