Air Canada said new aircraft entering its fleet will continue to drive operating costs down. Costs were down across the board in the first nine months of 2006, Executive VP and CFO Joshua Koshy said yesterday in New York at the Calyon Securities Airline Conference, which was available via webcast. Commissions declined 13% owing to increased Internet bookings, benefits were down 6%, salary and wages decreased 5% and food and beverage costs lowered 4%. "We believe that this is just the ...

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