Montreal-based Air Canada reported a third-quarter 2016 net profit of C$768 million ($586.6 million), up 75.7% over net income of C$437 million in the 2015 September quarter, as the carrier continues to aggressively grow. While global US airlines—American Airlines, Delta Air Lines and United Airlines—competing with Air Canada have largely halted growth, Air Canada increased third-quarter capacity by 20.9% year-over-year. “The capacity increase was primarily driven by ...

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